AXS 2X Etf Forecast - Simple Regression
| TARK Etf | USD 52.88 1.96 3.57% |
AXS Etf outlook is based on your current time horizon.
As of now, the relative strength momentum indicator of AXS 2X's share price is approaching 45. This usually implies that the etf is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling AXS 2X, making its price go up or down. Momentum 45
Impartial
Oversold | Overbought |
Using AXS 2X hype-based prediction, you can estimate the value of AXS 2X Innovation from the perspective of AXS 2X response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of AXS 2X Innovation on the next trading day is expected to be 51.02 with a mean absolute deviation of 3.52 and the sum of the absolute errors of 214.58. AXS 2X after-hype prediction price | USD 52.88 |
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.
Check out Historical Fundamental Analysis of AXS 2X to cross-verify your projections. AXS 2X Additional Predictive Modules
Most predictive techniques to examine AXS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for AXS using various technical indicators. When you analyze AXS 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 |
AXS 2X Simple Regression Price Forecast For the 26th of January
Given 90 days horizon, the Simple Regression forecasted value of AXS 2X Innovation on the next trading day is expected to be 51.02 with a mean absolute deviation of 3.52, mean absolute percentage error of 22.50, and the sum of the absolute errors of 214.58.Please note that although there have been many attempts to predict AXS 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 AXS 2X's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
AXS 2X Etf Forecast Pattern
| Backtest AXS 2X | AXS 2X Price Prediction | Buy or Sell Advice |
AXS 2X Forecasted Value
In the context of forecasting AXS 2X'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. AXS 2X's downside and upside margins for the forecasting period are 46.76 and 55.28, respectively. We have considered AXS 2X'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of AXS 2X etf data series using in forecasting. Note that when a statistical model is used to represent AXS 2X 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 | 121.2241 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 3.5177 |
| MAPE | Mean absolute percentage error | 0.066 |
| SAE | Sum of the absolute errors | 214.5821 |
Predictive Modules for AXS 2X
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AXS 2X Innovation. 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.AXS 2X After-Hype Price Density Analysis
As far as predicting the price of AXS 2X 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 AXS 2X 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 AXS 2X, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
AXS 2X Estimiated After-Hype Price Volatility
In the context of predicting AXS 2X's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on AXS 2X's historical news coverage. AXS 2X's after-hype downside and upside margins for the prediction period are 48.62 and 57.14, respectively. We have considered AXS 2X'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
AXS 2X is very steady at this time. Analysis and calculation of next after-hype price of AXS 2X Innovation is based on 3 months time horizon.
AXS 2X Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as AXS 2X is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AXS 2X 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 AXS 2X, 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 |
0.34 | 4.26 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
52.88 | 52.88 | 0.00 |
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AXS 2X Hype Timeline
AXS 2X Innovation is at this time traded for 52.88. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. AXS is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at -0.34%. %. The volatility of related hype on AXS 2X is about 60857.14%, with the expected price after the next announcement by competition of 52.88. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be within a week. Check out Historical Fundamental Analysis of AXS 2X to cross-verify your projections.AXS 2X Related Hype Analysis
Having access to credible news sources related to AXS 2X's direct competition is more important than ever and may enhance your ability to predict AXS 2X's future price movements. Getting to know how AXS 2X'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 AXS 2X may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GLL | ProShares UltraShort Gold | 0.00 | 0 per month | 0.00 | (0.31) | 2.41 | (4.61) | 16.51 | |
| FCSH | Federated Hermes ETF | 0.00 | 0 per month | 0.00 | (0.85) | 0.16 | (0.08) | 0.29 | |
| LABD | Direxion Daily SP | 0.00 | 0 per month | 0.00 | (0.16) | 6.12 | (8.46) | 18.22 | |
| UMAY | Innovator ETFs Trust | 0.00 | 0 per month | 0.16 | (0.25) | 0.39 | (0.36) | 1.13 | |
| RIOX | Defiance Daily Target | 0.00 | 0 per month | 0.00 | (0.09) | 17.02 | (14.15) | 44.53 | |
| INDL | Direxion Daily MSCI | 0.00 | 0 per month | 0.00 | (0.22) | 1.79 | (2.17) | 7.21 | |
| PSH | PGIM Short Duration | 0.00 | 0 per month | 0.00 | (0.51) | 0.20 | (0.16) | 0.62 | |
| SARK | Tuttle Capital Short | 0.00 | 0 per month | 2.01 | 0.03 | 4.47 | (3.19) | 10.11 | |
| GTR | WisdomTree Target Range | 0.00 | 0 per month | 0.71 | (0.06) | 1.02 | (1.13) | 2.88 | |
| BLCV | BlackRock ETF Trust | 0.07 | 2 per month | 0.52 | 0.05 | 1.28 | (0.97) | 3.27 |
Other Forecasting Options for AXS 2X
For every potential investor in AXS, whether a beginner or expert, AXS 2X's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AXS Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AXS. Basic forecasting techniques help filter out the noise by identifying AXS 2X's price trends.AXS 2X 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 AXS 2X etf to make a market-neutral strategy. Peer analysis of AXS 2X could also be used in its relative valuation, which is a method of valuing AXS 2X by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AXS 2X Market Strength Events
Market strength indicators help investors to evaluate how AXS 2X etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AXS 2X shares will generate the highest return on investment. By undertsting and applying AXS 2X etf market strength indicators, traders can identify AXS 2X Innovation entry and exit signals to maximize returns.
AXS 2X Risk Indicators
The analysis of AXS 2X'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 AXS 2X's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting axs 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 | 3.25 | |||
| Standard Deviation | 4.26 | |||
| Variance | 18.13 |
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 AXS 2X
The number of cover stories for AXS 2X depends on current market conditions and AXS 2X's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that AXS 2X 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 AXS 2X'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 AXS 2X to cross-verify your projections. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of AXS 2X Innovation is measured differently than its book value, which is the value of AXS that is recorded on the company's balance sheet. Investors also form their own opinion of AXS 2X's value that differs from its market value or its book value, called intrinsic value, which is AXS 2X'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 AXS 2X's market value can be influenced by many factors that don't directly affect AXS 2X'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 AXS 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS 2X'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.