Deka Deutsche Etf Forecast - Double Exponential Smoothing
| EL4T Etf | 89.55 0.06 0.07% |
Deka |
Deka Deutsche Double Exponential Smoothing Price Forecast For the 24th of December
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Deka Deutsche Brse on the next trading day is expected to be 89.53 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.12.Please note that although there have been many attempts to predict Deka Etf prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Deka Deutsche's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Deka Deutsche Etf Forecast Pattern
Deka Deutsche Forecasted Value
In the context of forecasting Deka Deutsche's Etf value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Deka Deutsche's downside and upside margins for the forecasting period are 89.39 and 89.68, respectively. We have considered Deka Deutsche's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Deka Deutsche etf data series using in forecasting. Note that when a statistical model is used to represent Deka Deutsche etf, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.0162 |
| MAD | Mean absolute deviation | 0.1208 |
| MAPE | Mean absolute percentage error | 0.0014 |
| SAE | Sum of the absolute errors | 7.1248 |
Predictive Modules for Deka Deutsche
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Deka Deutsche Brse. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Deka Deutsche
For every potential investor in Deka, whether a beginner or expert, Deka Deutsche's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Deka Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Deka. Basic forecasting techniques help filter out the noise by identifying Deka Deutsche's price trends.Deka Deutsche Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Deka Deutsche etf to make a market-neutral strategy. Peer analysis of Deka Deutsche could also be used in its relative valuation, which is a method of valuing Deka Deutsche by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Deka Deutsche Brse Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Deka Deutsche's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Deka Deutsche's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Deka Deutsche Market Strength Events
Market strength indicators help investors to evaluate how Deka Deutsche etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deka Deutsche shares will generate the highest return on investment. By undertsting and applying Deka Deutsche etf market strength indicators, traders can identify Deka Deutsche Brse entry and exit signals to maximize returns.
Deka Deutsche Risk Indicators
The analysis of Deka Deutsche's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Deka Deutsche's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting deka etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.1234 | |||
| Semi Deviation | 0.1086 | |||
| Standard Deviation | 0.153 | |||
| Variance | 0.0234 | |||
| Downside Variance | 0.025 | |||
| Semi Variance | 0.0118 | |||
| Expected Short fall | (0.13) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.