Site Centers Etf Forecast - Simple Regression

SITC Etf  USD 15.70  0.18  1.16%   
The Simple Regression forecasted value of Site Centers Corp on the next trading day is expected to be 17.68 with a mean absolute deviation of 1.56 and the sum of the absolute errors of 94.99. Site Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Site Centers stock prices and determine the direction of Site Centers Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Site Centers' historical fundamentals, such as revenue growth or operating cash flow patterns.
  

Open Interest Against 2024-12-20 Site Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Site Centers' 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 Site Centers' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Site Centers 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 Site Centers' open interest, investors have to compare it to Site Centers' 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 Site Centers 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 Site. 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Site Centers 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.

Site Centers Simple Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Simple Regression forecasted value of Site Centers Corp on the next trading day is expected to be 17.68 with a mean absolute deviation of 1.56, mean absolute percentage error of 3.09, and the sum of the absolute errors of 94.99.
Please note that although there have been many attempts to predict Site 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 Site Centers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Site Centers Etf Forecast Pattern

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Site Centers Forecasted Value

In the context of forecasting Site Centers' 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. Site Centers' downside and upside margins for the forecasting period are 11.92 and 23.44, respectively. We have considered Site Centers' 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
15.70
17.68
Expected Value
23.44
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 Site Centers etf data series using in forecasting. Note that when a statistical model is used to represent Site Centers 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 Criteria119.2374
BiasArithmetic mean of the errors None
MADMean absolute deviation1.5573
MAPEMean absolute percentage error0.1064
SAESum of the absolute errors94.9945
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 Site Centers Corp 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 Site Centers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Site Centers Corp. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Site Centers' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.7415.5021.26
Details
Intrinsic
Valuation
LowRealHigh
8.8814.6420.40
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.2416.3117.39
Details
9 Analysts
Consensus
LowTargetHigh
13.6515.0016.65
Details

Other Forecasting Options for Site Centers

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

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

Site Centers Corp 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 Site Centers' 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 Site Centers' current price.

Site Centers Market Strength Events

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

Site Centers Risk Indicators

The analysis of Site Centers' 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 Site Centers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting site 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.

Other Information on Investing in Site Etf

Site Centers financial ratios help investors to determine whether Site 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 Site with respect to the benefits of owning Site Centers security.