ISharesGlobal 100 Etf Forecast - Simple Regression

IOO Etf   158.63  0.44  0.28%   
The Simple Regression forecasted value of iSharesGlobal 100 on the next trading day is expected to be 157.01 with a mean absolute deviation of 1.45 and the sum of the absolute errors of 88.62. ISharesGlobal Etf Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through ISharesGlobal 100 price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

ISharesGlobal 100 Simple Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of iSharesGlobal 100 on the next trading day is expected to be 157.01 with a mean absolute deviation of 1.45, mean absolute percentage error of 2.96, and the sum of the absolute errors of 88.62.
Please note that although there have been many attempts to predict ISharesGlobal 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 ISharesGlobal 100's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ISharesGlobal 100 Etf Forecast Pattern

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ISharesGlobal 100 Forecasted Value

In the context of forecasting ISharesGlobal 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. ISharesGlobal 100's downside and upside margins for the forecasting period are 156.29 and 157.73, respectively. We have considered ISharesGlobal 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.
Market Value
158.63
156.29
Downside
157.01
Expected Value
157.73
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of ISharesGlobal 100 etf data series using in forecasting. Note that when a statistical model is used to represent ISharesGlobal 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.
AICAkaike Information Criteria119.1957
BiasArithmetic mean of the errors None
MADMean absolute deviation1.4528
MAPEMean absolute percentage error0.0097
SAESum of the absolute errors88.6203
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as iSharesGlobal 100 historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for ISharesGlobal 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 iSharesGlobal 100. 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
158.04158.76159.48
Details
Intrinsic
Valuation
LowRealHigh
143.16170.62171.34
Details
Bollinger
Band Projection (param)
LowMiddleHigh
148.10154.15160.20
Details

Other Forecasting Options for ISharesGlobal 100

For every potential investor in ISharesGlobal, whether a beginner or expert, ISharesGlobal 100's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ISharesGlobal Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ISharesGlobal. Basic forecasting techniques help filter out the noise by identifying ISharesGlobal 100's price trends.

ISharesGlobal 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 ISharesGlobal 100 etf to make a market-neutral strategy. Peer analysis of ISharesGlobal 100 could also be used in its relative valuation, which is a method of valuing ISharesGlobal 100 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

iSharesGlobal 100 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 ISharesGlobal 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 ISharesGlobal 100's current price.

ISharesGlobal 100 Market Strength Events

Market strength indicators help investors to evaluate how ISharesGlobal 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 ISharesGlobal 100 shares will generate the highest return on investment. By undertsting and applying ISharesGlobal 100 etf market strength indicators, traders can identify iSharesGlobal 100 entry and exit signals to maximize returns.

ISharesGlobal 100 Risk Indicators

The analysis of ISharesGlobal 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 ISharesGlobal 100's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting isharesglobal 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.

Thematic Opportunities

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Other Information on Investing in ISharesGlobal Etf

ISharesGlobal 100 financial ratios help investors to determine whether ISharesGlobal Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ISharesGlobal with respect to the benefits of owning ISharesGlobal 100 security.