Enact Holdings Etf Forward View - Simple Moving Average
| ACT Etf | USD 40.19 -0.16 -0.40% |
Enact Holdings's Simple Moving Average reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use. The model is fitted to available historical daily prices for Enact Holdings. This page is updated as new daily closing prices become available for Enact Holdings.
The Simple Moving Average forecasted value of Enact Holdings on the next trading day is expected to be 40.27 with a mean absolute deviation of 0.56 and the sum of the absolute errors of 33.32.The simple moving average model is conceptually a linear regression of the current value of Enact Holdings price series against current and previous (unobserved) value of Enact Holdings. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future All Simple Moving Average forecast figures shown for Enact Holdings are reference data reflecting model output based on available historical prices. Simple Moving Average Price Forecast For the 25th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Enact Holdings on the next trading day is expected to be 40.27 with a mean absolute deviation of 0.56 , mean absolute percentage error of 0.67 , and the sum of the absolute errors of 33.32 .Please note that although there have been many attempts to predict Enact Etf prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Enact Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
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Forecasted Value
Forecasting Enact Holdings for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. No forecasting approach has been shown to beat all others over time. Investors should treat any model output as a guide, not a guarantee.
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 Enact Holdings etf data series using in forecasting. Note that when a statistical model is used to represent Enact Holdings 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 | 114.0353 |
| Bias | Arithmetic mean of the errors | -0.0075 |
| MAD | Mean absolute deviation | 0.5648 |
| MAPE | Mean absolute percentage error | 0.0137 |
| SAE | Sum of the absolute errors | 33.325 |
Other Forecasting Options for Enact Holdings
Bollinger Bands applied to Enact Etf price data measure how far Enact has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Enact Holdings' price data. On-balance volume for Enact Etf creates a running indicator of buying versus selling pressure in Enact. Price departures from the channel boundary often mean-revert, offering tactical signals for Enact Holdings'.Enact Holdings Related Equities
These stocks within the Financials space are often compared to Enact Holdings by analysts and fund managers in the sector. Growth rate gaps between Enact Holdings and its peers often explain pricing differences in the market. Falling behind peers on key ratios may signal headwinds or execution issues worth looking into. Combining quantitative ratios with qualitative context such as management quality and market position sharpens peer comparisons.
| Risk & Return | Correlation |
Enact Holdings Market Strength Events
For investors tracking Enact Holdings, market strength indicators offer quantitative evaluation of etf behavior. These indicators add context to timing decisions around Enact Holdings positions. These indicators capture shifts in momentum that may precede significant price moves in Enact Holdings. These metrics provide actionable context for both entry and risk management decisions around Enact Holdings.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 40.19 | |||
| Day Typical Price | 40.19 | |||
| Price Action Indicator | -0.08 | |||
| Period Momentum Indicator | -0.16 | |||
| Relative Strength Index | 45.77 |
Enact Holdings Risk Indicators
Analyzing Enact Holdings' basic risk indicators provides investors with a structured view of the risk-return trade-off for enact etf. By identifying the level of risk embedded in Enact Holdings' investment, investors can make informed decisions about position sizing. Analyzing Enact Holdings' risk indicators gives investors important context for price forecasting. Understanding the risk in Enact Holdings' investment allows investors to make informed choices about mitigating exposure.
| Mean Deviation | 1.17 | |||
| Semi Deviation | 1.41 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.09 | |||
| Downside Variance | 2.16 | |||
| Semi Variance | 1.99 | |||
| Expected Short fall | -1.25 |
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 Enact Holdings
The amount of media and story coverage tied to Enact Holdings can signal where market attention is concentrating at the moment. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Enact Holdings Short Properties
Short-interest signals around Enact Holdings can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 149.3 M | |
| Cash And Short Term Investments | 582.5 M |
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Other Information on Investing in Enact Etf
Financial ratios for Enact Holdings show relationships between important financial metrics. They frame financial performance across earnings, cash flow, and valuation.