FIS Christian Etf Forecast - 8 Period Moving Average
| PRAY Etf | USD 28.96 0.10 0.35% |
The 8 Period Moving Average forecasted value of FIS Christian Stock on the next trading day is expected to be 28.95 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 17.99. FIS Etf Forecast is based on your current time horizon.
FIS |
FIS Christian 8 Period Moving Average Price Forecast For the 11th of January 2025
Given 90 days horizon, the 8 Period Moving Average forecasted value of FIS Christian Stock on the next trading day is expected to be 28.95 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.19, and the sum of the absolute errors of 17.99.Please note that although there have been many attempts to predict FIS 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 FIS Christian's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
FIS Christian Etf Forecast Pattern
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FIS Christian Forecasted Value
In the context of forecasting FIS Christian'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. FIS Christian's downside and upside margins for the forecasting period are 28.20 and 29.69, respectively. We have considered FIS Christian'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of FIS Christian etf data series using in forecasting. Note that when a statistical model is used to represent FIS Christian 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.| AIC | Akaike Information Criteria | 101.7252 |
| Bias | Arithmetic mean of the errors | 0.099 |
| MAD | Mean absolute deviation | 0.3395 |
| MAPE | Mean absolute percentage error | 0.0114 |
| SAE | Sum of the absolute errors | 17.9937 |
Predictive Modules for FIS Christian
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FIS Christian Stock. 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.Other Forecasting Options for FIS Christian
For every potential investor in FIS, whether a beginner or expert, FIS Christian's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FIS Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FIS. Basic forecasting techniques help filter out the noise by identifying FIS Christian's price trends.FIS Christian 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 FIS Christian etf to make a market-neutral strategy. Peer analysis of FIS Christian could also be used in its relative valuation, which is a method of valuing FIS Christian by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FIS Christian Stock 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 FIS Christian'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 FIS Christian's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
FIS Christian Market Strength Events
Market strength indicators help investors to evaluate how FIS Christian etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FIS Christian shares will generate the highest return on investment. By undertsting and applying FIS Christian etf market strength indicators, traders can identify FIS Christian Stock entry and exit signals to maximize returns.
FIS Christian Risk Indicators
The analysis of FIS Christian'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 FIS Christian's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fis 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.
| Mean Deviation | 0.5707 | |||
| Standard Deviation | 0.7397 | |||
| Variance | 0.5471 |
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out Historical Fundamental Analysis of FIS Christian to cross-verify your projections. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of FIS Christian Stock is measured differently than its book value, which is the value of FIS that is recorded on the company's balance sheet. Investors also form their own opinion of FIS Christian's value that differs from its market value or its book value, called intrinsic value, which is FIS Christian'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 FIS Christian's market value can be influenced by many factors that don't directly affect FIS Christian'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 FIS Christian's value and its price as these two are different measures arrived at by different means. Investors typically determine if FIS Christian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FIS Christian'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.