VanEck International Etf Forecast - Double Exponential Smoothing

IHY Etf  USD 20.82  0.02  0.1%   
The Double Exponential Smoothing forecasted value of VanEck International High on the next trading day is expected to be 20.81 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.95. VanEck Etf Forecast is based on your current time horizon.
  

Open Interest Against 2025-04-17 VanEck Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast VanEck International'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 VanEck International's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for VanEck International 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 VanEck International's open interest, investors have to compare it to VanEck International'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 VanEck International 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 VanEck. 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for VanEck International works best with periods where there are trends or seasonality.

VanEck International Double Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of VanEck International High on the next trading day is expected to be 20.81 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.95.
Please note that although there have been many attempts to predict VanEck 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 VanEck International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

VanEck International Etf Forecast Pattern

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VanEck International Forecasted Value

In the context of forecasting VanEck International'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. VanEck International's downside and upside margins for the forecasting period are 20.53 and 21.09, respectively. We have considered VanEck International'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
20.82
20.81
Expected Value
21.09
Upside

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 VanEck International etf data series using in forecasting. Note that when a statistical model is used to represent VanEck International 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0093
MADMean absolute deviation0.05
MAPEMean absolute percentage error0.0024
SAESum of the absolute errors2.9517
When VanEck International High prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any VanEck International High trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent VanEck International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for VanEck International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VanEck International High. 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
20.5220.8021.08
Details
Intrinsic
Valuation
LowRealHigh
20.5620.8421.12
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.7120.7720.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VanEck International. Your research has to be compared to or analyzed against VanEck International's peers to derive any actionable benefits. When done correctly, VanEck International'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 VanEck International High.

Other Forecasting Options for VanEck International

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

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

VanEck International High 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 VanEck International'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 VanEck International's current price.

VanEck International Market Strength Events

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

VanEck International Risk Indicators

The analysis of VanEck International'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 VanEck International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vaneck 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 VanEck International High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck International High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck International High Etf:
Check out Historical Fundamental Analysis of VanEck International to cross-verify your projections.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of VanEck International High is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck International's value that differs from its market value or its book value, called intrinsic value, which is VanEck International'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 VanEck International's market value can be influenced by many factors that don't directly affect VanEck International'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 VanEck International's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck International'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.