NBI Unconstrained Etf Forecast - Naive Prediction
| NUBF Etf | CAD 21.37 0.03 0.14% |
The Naive Prediction forecasted value of NBI Unconstrained Fixed on the next trading day is expected to be 21.18 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.77. NBI Etf Forecast is based on your current time horizon.
As of today the relative strength momentum indicator of NBI Unconstrained's share price is below 20 . This indicates 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 NBI Unconstrained hype-based prediction, you can estimate the value of NBI Unconstrained Fixed from the perspective of NBI Unconstrained response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of NBI Unconstrained Fixed on the next trading day is expected to be 21.18 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.77. NBI Unconstrained after-hype prediction price | CAD 21.37 |
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.
NBI |
NBI Unconstrained Additional Predictive Modules
Most predictive techniques to examine NBI price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NBI using various technical indicators. When you analyze NBI 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 |
NBI Unconstrained Naive Prediction Price Forecast For the 25th of January
Given 90 days horizon, the Naive Prediction forecasted value of NBI Unconstrained Fixed on the next trading day is expected to be 21.18 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.77.Please note that although there have been many attempts to predict NBI 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 NBI Unconstrained's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
NBI Unconstrained Etf Forecast Pattern
| Backtest NBI Unconstrained | NBI Unconstrained Price Prediction | Buy or Sell Advice |
NBI Unconstrained Forecasted Value
In the context of forecasting NBI Unconstrained'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. NBI Unconstrained's downside and upside margins for the forecasting period are 20.82 and 21.55, respectively. We have considered NBI Unconstrained'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of NBI Unconstrained etf data series using in forecasting. Note that when a statistical model is used to represent NBI Unconstrained 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 | 114.7563 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0608 |
| MAPE | Mean absolute percentage error | 0.0028 |
| SAE | Sum of the absolute errors | 3.7681 |
Predictive Modules for NBI Unconstrained
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NBI Unconstrained Fixed. 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.NBI Unconstrained After-Hype Price Prediction Density Analysis
As far as predicting the price of NBI Unconstrained 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 NBI Unconstrained 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 NBI Unconstrained, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NBI Unconstrained Estimiated After-Hype Price Volatility
In the context of predicting NBI Unconstrained's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NBI Unconstrained's historical news coverage. NBI Unconstrained's after-hype downside and upside margins for the prediction period are 21.01 and 21.73, respectively. We have considered NBI Unconstrained'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
NBI Unconstrained is very steady at this time. Analysis and calculation of next after-hype price of NBI Unconstrained Fixed is based on 3 months time horizon.
NBI Unconstrained Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as NBI Unconstrained is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NBI Unconstrained 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 NBI Unconstrained, 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 |
0.00 | 0.36 | 0.00 | 0.00 | 8 Events / Month | 2 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
21.37 | 21.37 | 0.00 |
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NBI Unconstrained Hype Timeline
NBI Unconstrained Fixed is now traded for 21.37on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. NBI is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on NBI Unconstrained is about 1636.36%, with the expected price after the next announcement by competition of 21.37. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next estimated press release will be in about 8 days. Check out Historical Fundamental Analysis of NBI Unconstrained to cross-verify your projections.NBI Unconstrained Related Hype Analysis
Having access to credible news sources related to NBI Unconstrained's direct competition is more important than ever and may enhance your ability to predict NBI Unconstrained's future price movements. Getting to know how NBI Unconstrained'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 NBI Unconstrained may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| VEE | Vanguard FTSE Emerging | (0.06) | 6 per month | 0.53 | (0.04) | 1.11 | (0.92) | 3.80 | |
| XEC | iShares Core MSCI | 0.18 | 5 per month | 0.58 | 0.03 | 1.33 | (1.09) | 4.63 | |
| XDIV | iShares Core MSCI | 0.01 | 5 per month | 0.17 | 0.13 | 0.81 | (0.65) | 2.06 | |
| VCE | Vanguard FTSE Canada | 1.01 | 6 per month | 0.55 | 0.10 | 1.08 | (0.98) | 3.19 | |
| VXC | Vanguard FTSE Global | (0.73) | 3 per month | 0.69 | (0.06) | 1.09 | (1.09) | 3.48 | |
| FLCP | Franklin Canadian Core | (0.02) | 1 per month | 0.00 | (0.37) | 0.28 | (0.39) | 1.27 | |
| XEI | iShares SPTSX Composite | 0.09 | 4 per month | 0.20 | 0.12 | 0.77 | (0.68) | 2.09 | |
| QCN | Mackenzie Canadian Equity | (0.17) | 2 per month | 0.52 | 0.13 | 1.08 | (0.88) | 3.16 | |
| XGD | iShares SPTSX Global | (0.53) | 1 per month | 1.56 | 0.23 | 4.50 | (3.80) | 9.52 | |
| ZQQ | BMO NASDAQ 100 | 0.44 | 8 per month | 1.07 | (0.05) | 1.43 | (1.91) | 4.62 |
Other Forecasting Options for NBI Unconstrained
For every potential investor in NBI, whether a beginner or expert, NBI Unconstrained's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NBI Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NBI. Basic forecasting techniques help filter out the noise by identifying NBI Unconstrained's price trends.NBI Unconstrained 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 NBI Unconstrained etf to make a market-neutral strategy. Peer analysis of NBI Unconstrained could also be used in its relative valuation, which is a method of valuing NBI Unconstrained by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NBI Unconstrained Market Strength Events
Market strength indicators help investors to evaluate how NBI Unconstrained etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NBI Unconstrained shares will generate the highest return on investment. By undertsting and applying NBI Unconstrained etf market strength indicators, traders can identify NBI Unconstrained Fixed entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 21.37 | |||
| Day Typical Price | 21.37 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
NBI Unconstrained Risk Indicators
The analysis of NBI Unconstrained'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 NBI Unconstrained's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nbi 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 | 0.2567 | |||
| Semi Deviation | 0.2847 | |||
| Standard Deviation | 0.3544 | |||
| Variance | 0.1256 | |||
| Downside Variance | 0.1118 | |||
| Semi Variance | 0.0811 | |||
| Expected Short fall | (0.33) |
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 NBI Unconstrained
The number of cover stories for NBI Unconstrained depends on current market conditions and NBI Unconstrained's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NBI Unconstrained 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 NBI Unconstrained'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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Other Information on Investing in NBI Etf
NBI Unconstrained financial ratios help investors to determine whether NBI 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 NBI with respect to the benefits of owning NBI Unconstrained security.