Freedom 100 Etf Forecast - Simple Moving Average
FRDM Etf | USD 34.41 0.25 0.73% |
The Simple Moving Average forecasted value of Freedom 100 Emerging on the next trading day is expected to be 34.41 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.81. Freedom Etf Forecast is based on your current time horizon.
Freedom |
Freedom 100 Simple Moving Average Price Forecast For the 15th of December 2024
Given 90 days horizon, the Simple Moving Average forecasted value of Freedom 100 Emerging on the next trading day is expected to be 34.41 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.18, and the sum of the absolute errors of 18.81.Please note that although there have been many attempts to predict Freedom 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 Freedom 100's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Freedom 100 Etf Forecast Pattern
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Freedom 100 Forecasted Value
In the context of forecasting Freedom 100'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. Freedom 100's downside and upside margins for the forecasting period are 33.30 and 35.52, respectively. We have considered Freedom 100'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Freedom 100 etf data series using in forecasting. Note that when a statistical model is used to represent Freedom 100 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 | 114.5411 |
Bias | Arithmetic mean of the errors | 0.0168 |
MAD | Mean absolute deviation | 0.3135 |
MAPE | Mean absolute percentage error | 0.0089 |
SAE | Sum of the absolute errors | 18.81 |
Predictive Modules for Freedom 100
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Freedom 100 Emerging. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Freedom 100's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Freedom 100
For every potential investor in Freedom, whether a beginner or expert, Freedom 100's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Freedom Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Freedom. Basic forecasting techniques help filter out the noise by identifying Freedom 100's price trends.Freedom 100 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 Freedom 100 etf to make a market-neutral strategy. Peer analysis of Freedom 100 could also be used in its relative valuation, which is a method of valuing Freedom 100 by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Freedom 100 Emerging 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 Freedom 100'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 Freedom 100's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Freedom 100 Market Strength Events
Market strength indicators help investors to evaluate how Freedom 100 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freedom 100 shares will generate the highest return on investment. By undertsting and applying Freedom 100 etf market strength indicators, traders can identify Freedom 100 Emerging entry and exit signals to maximize returns.
Accumulation Distribution | 345.27 | |||
Daily Balance Of Power | 1.190476 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 34.36 | |||
Day Typical Price | 34.38 | |||
Price Action Indicator | 0.17 | |||
Period Momentum Indicator | 0.25 |
Freedom 100 Risk Indicators
The analysis of Freedom 100'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 Freedom 100's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting freedom 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 | 0.8021 | |||
Standard Deviation | 1.09 | |||
Variance | 1.19 |
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.
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The market value of Freedom 100 Emerging is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom 100's value that differs from its market value or its book value, called intrinsic value, which is Freedom 100's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freedom 100's market value can be influenced by many factors that don't directly affect Freedom 100's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freedom 100's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom 100 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom 100's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.