AdvisorShares Ranger Etf Forecast - Simple Moving Average

HDGE Etf  USD 15.72  0.06  0.38%   
The Simple Moving Average forecasted value of AdvisorShares Ranger Equity on the next trading day is expected to be 15.72 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.63. AdvisorShares Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AdvisorShares Ranger stock prices and determine the direction of AdvisorShares Ranger Equity's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AdvisorShares Ranger's historical fundamentals, such as revenue growth or operating cash flow patterns.
  

Open Interest Against 2025-01-17 AdvisorShares Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast AdvisorShares Ranger's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in AdvisorShares Ranger's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for AdvisorShares Ranger stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current AdvisorShares Ranger's open interest, investors have to compare it to AdvisorShares Ranger's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of AdvisorShares Ranger is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in AdvisorShares. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
A two period moving average forecast for AdvisorShares Ranger is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

AdvisorShares Ranger Simple Moving Average Price Forecast For the 19th of January

Given 90 days horizon, the Simple Moving Average forecasted value of AdvisorShares Ranger Equity on the next trading day is expected to be 15.72 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.05, and the sum of the absolute errors of 9.63.
Please note that although there have been many attempts to predict AdvisorShares 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 AdvisorShares Ranger's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AdvisorShares Ranger Etf Forecast Pattern

Backtest AdvisorShares RangerAdvisorShares Ranger Price PredictionBuy or Sell Advice 

AdvisorShares Ranger Forecasted Value

In the context of forecasting AdvisorShares Ranger'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. AdvisorShares Ranger's downside and upside margins for the forecasting period are 14.62 and 16.82, respectively. We have considered AdvisorShares Ranger'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.
Market Value
15.72
15.72
Expected Value
16.82
Upside

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 AdvisorShares Ranger etf data series using in forecasting. Note that when a statistical model is used to represent AdvisorShares Ranger 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.
AICAkaike Information Criteria111.456
BiasArithmetic mean of the errors 0.0364
MADMean absolute deviation0.1631
MAPEMean absolute percentage error0.0101
SAESum of the absolute errors9.625
The simple moving average model is conceptually a linear regression of the current value of AdvisorShares Ranger Equity price series against current and previous (unobserved) value of AdvisorShares Ranger. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for AdvisorShares Ranger

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AdvisorShares Ranger. 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.
Hype
Prediction
LowEstimatedHigh
14.6815.7816.88
Details
Intrinsic
Valuation
LowRealHigh
13.5614.6617.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AdvisorShares Ranger. Your research has to be compared to or analyzed against AdvisorShares Ranger's peers to derive any actionable benefits. When done correctly, AdvisorShares Ranger's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AdvisorShares Ranger.

Other Forecasting Options for AdvisorShares Ranger

For every potential investor in AdvisorShares, whether a beginner or expert, AdvisorShares Ranger's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AdvisorShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AdvisorShares. Basic forecasting techniques help filter out the noise by identifying AdvisorShares Ranger's price trends.

AdvisorShares Ranger 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 AdvisorShares Ranger etf to make a market-neutral strategy. Peer analysis of AdvisorShares Ranger could also be used in its relative valuation, which is a method of valuing AdvisorShares Ranger by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

AdvisorShares Ranger 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 AdvisorShares Ranger'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 AdvisorShares Ranger's current price.

AdvisorShares Ranger Market Strength Events

Market strength indicators help investors to evaluate how AdvisorShares Ranger etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AdvisorShares Ranger shares will generate the highest return on investment. By undertsting and applying AdvisorShares Ranger etf market strength indicators, traders can identify AdvisorShares Ranger Equity entry and exit signals to maximize returns.

AdvisorShares Ranger Risk Indicators

The analysis of AdvisorShares Ranger'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 AdvisorShares Ranger's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting advisorshares 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether AdvisorShares Ranger is a strong investment it is important to analyze AdvisorShares Ranger'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 AdvisorShares Ranger's future performance. For an informed investment choice regarding AdvisorShares Etf, refer to the following important reports:
Check out Historical Fundamental Analysis of AdvisorShares Ranger to cross-verify your projections.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of AdvisorShares Ranger is measured differently than its book value, which is the value of AdvisorShares that is recorded on the company's balance sheet. Investors also form their own opinion of AdvisorShares Ranger's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Ranger'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 AdvisorShares Ranger's market value can be influenced by many factors that don't directly affect AdvisorShares Ranger'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 AdvisorShares Ranger's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Ranger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Ranger'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.