Guggenheim Active Stock Forecast - 20 Period Moving Average
| GUG Stock | USD 15.72 0.15 0.96% |
The 20 Period Moving Average forecasted value of Guggenheim Active Allocation on the next trading day is expected to be 15.68 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 8.04. Guggenheim Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Guggenheim Active's historical fundamentals, such as revenue growth or operating cash flow patterns.
Guggenheim |
Guggenheim Active 20 Period Moving Average Price Forecast For the 3rd of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Guggenheim Active Allocation on the next trading day is expected to be 15.68 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.05, and the sum of the absolute errors of 8.04.Please note that although there have been many attempts to predict Guggenheim Stock 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 Guggenheim Active's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Guggenheim Active Stock Forecast Pattern
| Backtest Guggenheim Active | Guggenheim Active Price Prediction | Buy or Sell Advice |
Guggenheim Active Forecasted Value
In the context of forecasting Guggenheim Active's Stock 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. Guggenheim Active's downside and upside margins for the forecasting period are 14.85 and 16.51, respectively. We have considered Guggenheim Active'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Guggenheim Active stock data series using in forecasting. Note that when a statistical model is used to represent Guggenheim Active stock, 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 | 78.3754 |
| Bias | Arithmetic mean of the errors | 0.12 |
| MAD | Mean absolute deviation | 0.1961 |
| MAPE | Mean absolute percentage error | 0.0125 |
| SAE | Sum of the absolute errors | 8.039 |
Predictive Modules for Guggenheim Active
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guggenheim Active. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 Guggenheim Active'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 Guggenheim Active
For every potential investor in Guggenheim, whether a beginner or expert, Guggenheim Active's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Guggenheim Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Guggenheim. Basic forecasting techniques help filter out the noise by identifying Guggenheim Active's price trends.View Guggenheim Active Related Equities
| Risk & Return | Correlation |
Guggenheim Active Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Guggenheim Active'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 Guggenheim Active's current price.| Cycle Indicators | ||
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| Volume Indicators |
Guggenheim Active Market Strength Events
Market strength indicators help investors to evaluate how Guggenheim Active stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guggenheim Active shares will generate the highest return on investment. By undertsting and applying Guggenheim Active stock market strength indicators, traders can identify Guggenheim Active Allocation entry and exit signals to maximize returns.
Guggenheim Active Risk Indicators
The analysis of Guggenheim Active'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 Guggenheim Active's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guggenheim stock 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 | 0.6341 | |||
| Semi Deviation | 0.7622 | |||
| Standard Deviation | 0.8361 | |||
| Variance | 0.699 | |||
| Downside Variance | 0.7035 | |||
| Semi Variance | 0.5809 | |||
| Expected Short fall | (0.67) |
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.
Currently Active Assets on Macroaxis
When determining whether Guggenheim Active is a strong investment it is important to analyze Guggenheim Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Guggenheim Active's future performance. For an informed investment choice regarding Guggenheim Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Guggenheim Active to cross-verify your projections. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Guggenheim Active. If investors know Guggenheim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Guggenheim Active listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.11 |
The market value of Guggenheim Active is measured differently than its book value, which is the value of Guggenheim that is recorded on the company's balance sheet. Investors also form their own opinion of Guggenheim Active's value that differs from its market value or its book value, called intrinsic value, which is Guggenheim Active'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 Guggenheim Active's market value can be influenced by many factors that don't directly affect Guggenheim Active'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 Guggenheim Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Active'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.