GraniteShares Etf Forward View - Simple Moving Average
| QCML Etf | 11.67 0.01 0.09% |
This page provides Simple Moving Average reference data for GraniteShares 2x Long, calculated from historical daily prices. The model output shown here is derived from GraniteShares's historical price series and is provided for informational purposes.
The Simple Moving Average forecasted value of GraniteShares 2x Long on the next trading day is expected to be 11.66 with a mean absolute deviation of 0.55 and the sum of the absolute errors of 32.62.The simple moving average model is conceptually a linear regression of the current value of GraniteShares 2x Long price series against current and previous (unobserved) value of GraniteShares. 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 The Simple Moving Average reference information for GraniteShares is based on available price data and is intended for informational purposes. Simple Moving Average Price Forecast For the 25th of March
Given 90 days horizon, the Simple Moving Average forecasted value of GraniteShares 2x Long on the next trading day is expected to be 11.66 with a mean absolute deviation of 0.55 , mean absolute percentage error of 0.63 , and the sum of the absolute errors of 32.62 .Please note that although there have been many attempts to predict GraniteShares 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 GraniteShares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
| Backtest GraniteShares | GraniteShares Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for GraniteShares 2x Long uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. At the moment, the model places downside around 7.95 and upside around 15.38 for the forecasting period.
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 GraniteShares etf data series using in forecasting. Note that when a statistical model is used to represent GraniteShares 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 | 113.9698 |
| Bias | Arithmetic mean of the errors | 0.2682 |
| MAD | Mean absolute deviation | 0.5528 |
| MAPE | Mean absolute percentage error | 0.0342 |
| SAE | Sum of the absolute errors | 32.615 |
Other Forecasting Options for GraniteShares
The autocorrelation structure of GraniteShares' daily returns reveals whether GraniteShares exhibits momentum, mean-reversion, or random-walk behavior. Separating these elements helps distinguish persistent directional moves from temporary noise in GraniteShares Etf price data.GraniteShares Related Equities
These stocks are related to GraniteShares within the Trading--Leveraged Equity space and can be used for peer review, pricing, or spreading risk. Checking GraniteShares against peers on P/E, margins, and return on equity helps put its position in context. Firms that trade at big discounts to peers on core metrics may be worth more research.
| Risk & Return | Correlation |
GraniteShares Market Strength Events
Market strength indicators applied to GraniteShares etf help assess momentum and resilience across environments. These indicators support informed market timing decisions when analyzing GraniteShares.
GraniteShares Risk Indicators
Risk indicator analysis for GraniteShares is essential for accurately projecting its future price trajectory. The process involves identifying the amount of risk involved in GraniteShares' investment and either accepting or mitigating it.
| Mean Deviation | 2.61 | |||
| Standard Deviation | 3.6 | |||
| Variance | 13.0 |
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 GraniteShares
Coverage intensity for GraniteShares 2x Long matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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More Resources for GraniteShares Etf Analysis
Understanding GraniteShares 2x Long starts with its core financial statements, trend data, and ratio analysis. Financial ratios help explain how results are produced and sustained.The Historical Fundamental Analysis of GraniteShares dataset supports cross-verification of projections for GraniteShares. Investors get more value from GraniteShares analysis when it is combined with other construction and diversification tools. GraniteShares analysis across multiple dimensions - risk, valuation, diversification - produces a more informed position-sizing decision. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Market capitalization and book value offer complementary views of GraniteShares 2x Long - the first driven by investor sentiment, the second by accounting standards.
The concept of value for GraniteShares differs from its quoted price, since each reflects a different lens. Evaluation typically reviews profitability, growth, balance sheet strength, industry position, and market signals.