ProShares Short Etf Forward View - Simple Moving Average
| PSQ Etf | USD 32.14 0.61 1.93% |
This page provides reference data for ProShares Short using Simple Moving Average forecasting. The projected value and error metrics are calculated from available daily price observations.
The Simple Moving Average forecasted value of ProShares Short QQQ on the next trading day is expected to be 32.14 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.85.The simple moving average model is conceptually a linear regression of the current value of ProShares Short QQQ price series against current and previous (unobserved) value of ProShares Short. 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 This Simple Moving Average reference page for ProShares Short presents model-generated projections from historical price data for informational purposes. Simple Moving Average Price Forecast For the 22nd of March
Given 90 days horizon, the Simple Moving Average forecasted value of ProShares Short QQQ on the next trading day is expected to be 32.14 with a mean absolute deviation of 0.26 , mean absolute percentage error of 0.11 , and the sum of the absolute errors of 15.85 .Please note that although there have been many attempts to predict ProShares 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 ProShares Short's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
| Backtest ProShares Short | ProShares Short Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates ProShares Short's predictive range by looking for statistically meaningful downside and upside boundaries. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 ProShares Short etf data series using in forecasting. Note that when a statistical model is used to represent ProShares Short 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 | 114.0408 |
| Bias | Arithmetic mean of the errors | -0.058 |
| MAD | Mean absolute deviation | 0.2642 |
| MAPE | Mean absolute percentage error | 0.0086 |
| SAE | Sum of the absolute errors | 15.85 |
Other Forecasting Options for ProShares Short
For investors considering ProShares, ProShares Short's price movement is the most direct driver of investment returns. Noise in ProShares Etf price charts can make identifying meaningful trends difficult without dedicated analytical tools.ProShares Short Related Equities
The following equities are related to ProShares Short within the Trading--Inverse Equity space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing ProShares Short against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
ProShares Short Market Strength Events
Market strength indicators for ProShares Short provide investors with a view of how the etf performs across different market environments. By analyzing these indicators, traders can determine the best moments to enter or exit positions in ProShares Short QQQ.
| Accumulation Distribution | 360381.0 | |||
| Daily Balance Of Power | 0.9242 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 31.99 | |||
| Day Typical Price | 32.04 | |||
| Price Action Indicator | 0.46 | |||
| Period Momentum Indicator | 0.61 |
ProShares Short Risk Indicators
A structured analysis of ProShares Short's risk indicators is one of the most reliable ways to improve the accuracy of price forecasts. Understanding the risk embedded in ProShares Short's allows investors to decide whether to accept, reduce, or hedge their exposure.
| Mean Deviation | 0.8107 | |||
| Semi Deviation | 0.7917 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.01 | |||
| Downside Variance | 0.8131 | |||
| Semi Variance | 0.6268 | |||
| Expected Short fall | -0.92 |
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 ProShares Short
Coverage intensity for ProShares Short QQQ matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.
Story Categories
Currently Trending Categories
More Resources for ProShares Etf Analysis
Analysis of ProShares Short QQQ often begins with its financial statements and historical patterns. Ratios connect earnings, costs, and operational efficiency.Historical Fundamental Analysis of ProShares Short offers a historical basis for evaluating projection assumptions about ProShares Short. The view provides historical context for the projection set. This analysis of ProShares Short works best as a complementary layer when evaluating how the security fits in a broader portfolio. For ProShares Short, the analytical tools below add portfolio-level context that single-security review alone cannot provide. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
ProShares Short QQQ can be assessed through both market valuation and accounting book value, which often tell different stories. Intrinsic value provides a third perspective, grounded in fundamentals rather than accounting convention or market sentiment.
ProShares Short's value is shaped by fundamental inputs, whereas price is shaped by supply and demand dynamics. Valuation inputs span operating results, balance sheet health, and forward growth signals. The actual ProShares Short transaction price is determined by real-time order flow on the exchange. All metrics are derived from available inputs and shown for reference.