Kurv Technology Etf Forecast - Simple Exponential Smoothing

KQQQ Etf   27.92  0.56  2.05%   
The Simple Exponential Smoothing forecasted value of Kurv Technology Titans on the next trading day is expected to be 27.92 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 13.61. Kurv Etf Forecast is based on your current time horizon.
  
Kurv Technology simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Kurv Technology Titans are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Kurv Technology Titans prices get older.

Kurv Technology Simple Exponential Smoothing Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Kurv Technology Titans on the next trading day is expected to be 27.92 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.09, and the sum of the absolute errors of 13.61.
Please note that although there have been many attempts to predict Kurv 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 Kurv Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kurv Technology Etf Forecast Pattern

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Kurv Technology Forecasted Value

In the context of forecasting Kurv Technology'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. Kurv Technology's downside and upside margins for the forecasting period are 26.85 and 28.99, respectively. We have considered Kurv Technology'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
27.92
27.92
Expected Value
28.99
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Kurv Technology etf data series using in forecasting. Note that when a statistical model is used to represent Kurv Technology 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 Criteria113.8248
BiasArithmetic mean of the errors -0.0638
MADMean absolute deviation0.2268
MAPEMean absolute percentage error0.0088
SAESum of the absolute errors13.61
This simple exponential smoothing model begins by setting Kurv Technology Titans forecast for the second period equal to the observation of the first period. In other words, recent Kurv Technology observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Kurv Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kurv Technology Titans. 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
26.2427.3128.38
Details
Intrinsic
Valuation
LowRealHigh
24.6229.3830.45
Details
Bollinger
Band Projection (param)
LowMiddleHigh
27.2727.4127.55
Details

Other Forecasting Options for Kurv Technology

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

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

Kurv Technology Titans 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 Kurv Technology'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 Kurv Technology's current price.

Kurv Technology Market Strength Events

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

Kurv Technology Risk Indicators

The analysis of Kurv Technology'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 Kurv Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kurv 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.

Pair Trading with Kurv Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kurv Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kurv Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kurv Etf

  0.98VGT Vanguard InformationPairCorr
  0.95XLK Technology Select SectorPairCorr
  0.98IYW iShares Technology ETFPairCorr

Moving against Kurv Etf

  0.9BITI ProShares Trust Downward RallyPairCorr
  0.77GREI Goldman Sachs FuturePairCorr
  0.69HART IQ Healthy HeartsPairCorr
  0.34PRME Prime Medicine, CommonPairCorr
The ability to find closely correlated positions to Kurv Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kurv Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kurv Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kurv Technology Titans to buy it.
The correlation of Kurv Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kurv Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kurv Technology Titans moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kurv Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Kurv Technology Titans is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kurv Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kurv Technology Titans Etf. Highlighted below are key reports to facilitate an investment decision about Kurv Technology Titans Etf:
Check out Historical Fundamental Analysis of Kurv Technology to cross-verify your projections.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Kurv Technology Titans is measured differently than its book value, which is the value of Kurv that is recorded on the company's balance sheet. Investors also form their own opinion of Kurv Technology's value that differs from its market value or its book value, called intrinsic value, which is Kurv Technology'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 Kurv Technology's market value can be influenced by many factors that don't directly affect Kurv Technology'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 Kurv Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kurv Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kurv Technology'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.