FundX Aggressive Etf Forecast - Simple Moving Average
| XNAV Etf | USD 85.85 0.83 0.98% |
The Simple Moving Average forecasted value of FundX Aggressive ETF on the next trading day is expected to be 85.85 with a mean absolute deviation of 0.73 and the sum of the absolute errors of 42.91. FundX Etf Forecast is based on your current time horizon.
At this time the relative strength momentum indicator of FundX Aggressive's share price is below 20 . This entails that the etf is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using FundX Aggressive hype-based prediction, you can estimate the value of FundX Aggressive ETF from the perspective of FundX Aggressive response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of FundX Aggressive ETF on the next trading day is expected to be 85.85 with a mean absolute deviation of 0.73 and the sum of the absolute errors of 42.91. FundX Aggressive after-hype prediction price | USD 85.83 |
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 FundX Aggressive to cross-verify your projections. FundX Aggressive Additional Predictive Modules
Most predictive techniques to examine FundX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for FundX using various technical indicators. When you analyze FundX 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 |
FundX Aggressive Simple Moving Average Price Forecast For the 24th of January
Given 90 days horizon, the Simple Moving Average forecasted value of FundX Aggressive ETF on the next trading day is expected to be 85.85 with a mean absolute deviation of 0.73, mean absolute percentage error of 0.76, and the sum of the absolute errors of 42.91.Please note that although there have been many attempts to predict FundX 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 FundX Aggressive's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
FundX Aggressive Etf Forecast Pattern
| Backtest FundX Aggressive | FundX Aggressive Price Prediction | Buy or Sell Advice |
FundX Aggressive Forecasted Value
In the context of forecasting FundX Aggressive'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. FundX Aggressive's downside and upside margins for the forecasting period are 84.89 and 86.81, respectively. We have considered FundX Aggressive'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of FundX Aggressive etf data series using in forecasting. Note that when a statistical model is used to represent FundX Aggressive 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 | 114.1548 |
| Bias | Arithmetic mean of the errors | -0.1268 |
| MAD | Mean absolute deviation | 0.7273 |
| MAPE | Mean absolute percentage error | 0.009 |
| SAE | Sum of the absolute errors | 42.912 |
Predictive Modules for FundX Aggressive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FundX Aggressive ETF. 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.FundX Aggressive After-Hype Price Prediction Density Analysis
As far as predicting the price of FundX Aggressive 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 FundX Aggressive 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 FundX Aggressive, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
FundX Aggressive Estimiated After-Hype Price Volatility
In the context of predicting FundX Aggressive's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on FundX Aggressive's historical news coverage. FundX Aggressive's after-hype downside and upside margins for the prediction period are 84.87 and 86.79, respectively. We have considered FundX Aggressive'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
FundX Aggressive is very steady at this time. Analysis and calculation of next after-hype price of FundX Aggressive ETF is based on 3 months time horizon.
FundX Aggressive Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as FundX Aggressive is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading FundX Aggressive 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 FundX Aggressive, 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 |
0.11 | 0.96 | 0.02 | 0.01 | 2 Events / Month | 3 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
85.85 | 85.83 | 0.02 |
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FundX Aggressive Hype Timeline
FundX Aggressive ETF is at this time traded for 85.85. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.01. FundX is forecasted to decline in value after the next headline, with the price expected to drop to 85.83. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.02%, whereas the daily expected return is at this time at 0.11%. The volatility of related hype on FundX Aggressive is about 1745.45%, with the expected price after the next announcement by competition of 85.84. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of FundX Aggressive to cross-verify your projections.FundX Aggressive Related Hype Analysis
Having access to credible news sources related to FundX Aggressive's direct competition is more important than ever and may enhance your ability to predict FundX Aggressive's future price movements. Getting to know how FundX Aggressive'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 FundX Aggressive may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DIVY | Tidal ETF Trust | 0.03 | 1 per month | 0.51 | 0.04 | 1.20 | (1.15) | 3.30 | |
| ROMO | Strategy Shares NewfoundReSolve | (0.03) | 3 per month | 0.62 | (0.05) | 1.03 | (1.26) | 3.07 | |
| EMM | Global X Funds | 0.05 | 3 per month | 0.85 | 0.06 | 1.53 | (1.60) | 3.92 | |
| MFUL | Collaborative Investment Series | 0.03 | 3 per month | 0.25 | (0.34) | 0.37 | (0.51) | 1.24 | |
| CRAK | VanEck Oil Refiners | (0.53) | 4 per month | 0.77 | 0.09 | 2.24 | (1.47) | 5.71 | |
| IWMW | iShares Russell 2000 | (0.03) | 2 per month | 0.87 | (0.08) | 1.21 | (1.43) | 4.23 | |
| UMDD | ProShares UltraPro MidCap400 | 0.1 | 1 per month | 2.38 | 0.11 | 5.66 | (4.17) | 11.49 | |
| PXJ | Invesco Dynamic Oil | (0.22) | 1 per month | 0.99 | 0.21 | 3.18 | (2.45) | 8.92 | |
| RETL | Direxion Daily Retail | 0.01 | 5 per month | 3.05 | 0.06 | 5.26 | (5.50) | 18.66 | |
| IRTR | iShares Trust | 0.04 | 3 per month | 0.25 | (0.23) | 0.49 | (0.49) | 1.56 |
Other Forecasting Options for FundX Aggressive
For every potential investor in FundX, whether a beginner or expert, FundX Aggressive's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FundX Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FundX. Basic forecasting techniques help filter out the noise by identifying FundX Aggressive's price trends.FundX Aggressive 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 FundX Aggressive etf to make a market-neutral strategy. Peer analysis of FundX Aggressive could also be used in its relative valuation, which is a method of valuing FundX Aggressive by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FundX Aggressive Market Strength Events
Market strength indicators help investors to evaluate how FundX Aggressive etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FundX Aggressive shares will generate the highest return on investment. By undertsting and applying FundX Aggressive etf market strength indicators, traders can identify FundX Aggressive ETF entry and exit signals to maximize returns.
FundX Aggressive Risk Indicators
The analysis of FundX Aggressive'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 FundX Aggressive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fundx 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 | 0.7581 | |||
| Semi Deviation | 0.9894 | |||
| Standard Deviation | 0.9658 | |||
| Variance | 0.9329 | |||
| Downside Variance | 1.26 | |||
| Semi Variance | 0.9789 | |||
| Expected Short fall | (0.76) |
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 FundX Aggressive
The number of cover stories for FundX Aggressive depends on current market conditions and FundX Aggressive's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that FundX Aggressive 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 FundX Aggressive'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 FundX Aggressive to cross-verify your projections. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of FundX Aggressive ETF is measured differently than its book value, which is the value of FundX that is recorded on the company's balance sheet. Investors also form their own opinion of FundX Aggressive's value that differs from its market value or its book value, called intrinsic value, which is FundX Aggressive'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 FundX Aggressive's market value can be influenced by many factors that don't directly affect FundX Aggressive'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 FundX Aggressive's value and its price as these two are different measures arrived at by different means. Investors typically determine if FundX Aggressive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FundX Aggressive'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.