Guinness Atkinson Etf Forecast - Polynomial Regression
| SOLR Etf | USD 33.36 0.38 1.15% |
Guinness Etf outlook is based on your current time horizon.
As of today, The relative strength momentum indicator of Guinness Atkinson's share price is at 59. This usually implies that the etf is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Guinness Atkinson, making its price go up or down. Momentum 59
Buy Extended
Oversold | Overbought |
Using Guinness Atkinson hype-based prediction, you can estimate the value of Guinness Atkinson Funds from the perspective of Guinness Atkinson response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Guinness Atkinson Funds on the next trading day is expected to be 33.24 with a mean absolute deviation of 0.33 and the sum of the absolute errors of 20.42. Guinness Atkinson after-hype prediction price | USD 33.38 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Guinness Atkinson Additional Predictive Modules
Most predictive techniques to examine Guinness price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Guinness using various technical indicators. When you analyze Guinness charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Guinness Atkinson Polynomial Regression Price Forecast For the 29th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Guinness Atkinson Funds on the next trading day is expected to be 33.24 with a mean absolute deviation of 0.33, mean absolute percentage error of 0.19, and the sum of the absolute errors of 20.42.Please note that although there have been many attempts to predict Guinness 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 Guinness Atkinson's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Guinness Atkinson Etf Forecast Pattern
| Backtest Guinness Atkinson | Guinness Atkinson Price Prediction | Buy or Sell Advice |
Guinness Atkinson Forecasted Value
In the context of forecasting Guinness Atkinson'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. Guinness Atkinson's downside and upside margins for the forecasting period are 32.07 and 34.41, respectively. We have considered Guinness Atkinson'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Guinness Atkinson etf data series using in forecasting. Note that when a statistical model is used to represent Guinness Atkinson 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 | 118.3008 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3293 |
| MAPE | Mean absolute percentage error | 0.0106 |
| SAE | Sum of the absolute errors | 20.4167 |
Predictive Modules for Guinness Atkinson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guinness Atkinson Funds. 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.Guinness Atkinson After-Hype Price Density Analysis
As far as predicting the price of Guinness Atkinson at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Guinness Atkinson or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Guinness Atkinson, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Guinness Atkinson Estimiated After-Hype Price Volatility
In the context of predicting Guinness Atkinson's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Guinness Atkinson's historical news coverage. Guinness Atkinson's after-hype downside and upside margins for the prediction period are 32.21 and 34.55, respectively. We have considered Guinness Atkinson's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Guinness Atkinson is very steady at this time. Analysis and calculation of next after-hype price of Guinness Atkinson Funds is based on 3 months time horizon.
Guinness Atkinson Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as Guinness Atkinson is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Guinness Atkinson backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Guinness Atkinson, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.10 | 1.17 | 0.02 | 0.04 | 2 Events / Month | 2 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
33.36 | 33.38 | 0.06 |
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Guinness Atkinson Hype Timeline
Guinness Atkinson Funds is at this time traded for 33.36. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of -0.04. Guinness is expected to increase in value after the next headline, with the price projected to jump to 33.38 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 0.06%, whereas the daily expected return is at this time at 0.1%. The volatility of related hype on Guinness Atkinson is about 312.0%, with the expected price after the next announcement by competition of 33.32. Given the investment horizon of 90 days the next expected press release will be in a few days. Check out Historical Fundamental Analysis of Guinness Atkinson to cross-verify your projections.Guinness Atkinson Related Hype Analysis
Having access to credible news sources related to Guinness Atkinson's direct competition is more important than ever and may enhance your ability to predict Guinness Atkinson's future price movements. Getting to know how Guinness Atkinson's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Guinness Atkinson may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NVIR | Listed Funds Trust | (0.28) | 2 per month | 0.83 | 0.10 | 1.75 | (1.42) | 4.07 | |
| FOWF | Pacer Solactive Whitney | (0.06) | 1 per month | 0.62 | 0.07 | 1.41 | (1.21) | 3.91 | |
| ETEC | iShares Breakthrough Environmental | (0.01) | 2 per month | 1.11 | 0.02 | 1.88 | (2.04) | 5.26 | |
| XVOL | Acruence Active Hedge | (0.03) | 2 per month | 0.76 | (0.03) | 1.56 | (1.21) | 3.79 | |
| ITDJ | iShares Trust | 0.01 | 1 per month | 0.66 | 0.01 | 1.01 | (1.18) | 3.10 | |
| USNG | Amplify Samsung Natural | (4.29) | 13 per month | 0.87 | 0.06 | 1.55 | (1.54) | 4.27 | |
| IBRN | iShares Trust | 0.74 | 3 per month | 1.10 | 0.1 | 2.81 | (1.68) | 6.67 | |
| EPMB | Harbor ETF Trust | 0.08 | 3 per month | 0.52 | 0.11 | 1.83 | (1.07) | 3.48 | |
| DYLG | Global X Funds | 0.09 | 3 per month | 0.35 | 0.01 | 0.94 | (0.58) | 2.60 | |
| GXLC | Global X Funds | 0.00 | 0 per month | 0.74 | (0.02) | 1.12 | (1.29) | 3.84 |
Other Forecasting Options for Guinness Atkinson
For every potential investor in Guinness, whether a beginner or expert, Guinness Atkinson's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Guinness Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Guinness. Basic forecasting techniques help filter out the noise by identifying Guinness Atkinson's price trends.Guinness Atkinson 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 Guinness Atkinson etf to make a market-neutral strategy. Peer analysis of Guinness Atkinson could also be used in its relative valuation, which is a method of valuing Guinness Atkinson by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Guinness Atkinson Market Strength Events
Market strength indicators help investors to evaluate how Guinness Atkinson etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guinness Atkinson shares will generate the highest return on investment. By undertsting and applying Guinness Atkinson etf market strength indicators, traders can identify Guinness Atkinson Funds entry and exit signals to maximize returns.
Guinness Atkinson Risk Indicators
The analysis of Guinness Atkinson'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 Guinness Atkinson's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guinness 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 | 0.9241 | |||
| Semi Deviation | 1.19 | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.36 | |||
| Downside Variance | 1.85 | |||
| Semi Variance | 1.41 | |||
| Expected Short fall | (0.89) |
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.
Story Coverage note for Guinness Atkinson
The number of cover stories for Guinness Atkinson depends on current market conditions and Guinness Atkinson's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Guinness Atkinson is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Guinness Atkinson's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Check out Historical Fundamental Analysis of Guinness Atkinson to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Guinness Atkinson Funds is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson'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 Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson'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 Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson'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.