ProShares UltraPro Etf Forward View - Triple Exponential Smoothing
| SDOW Etf | USD 36.07 1.00 2.85% |
ProShares UltraPro's Triple Exponential Smoothing reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations. This information is intended as reference material for analytical purposes.
The Triple Exponential Smoothing forecasted value of ProShares UltraPro Short on the next trading day is expected to be 36.13 with a mean absolute deviation of 0.65 and the sum of the absolute errors of 38.59.As with simple exponential smoothing, in triple exponential smoothing models past ProShares UltraPro observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older ProShares UltraPro Short observations. The Triple Exponential Smoothing reference values for ProShares UltraPro are derived from publicly available price data and should be used for informational purposes only. Triple Exponential Smoothing Price Forecast For the 27th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of ProShares UltraPro Short on the next trading day is expected to be 36.13 with a mean absolute deviation of 0.65 , mean absolute percentage error of 0.64 , and the sum of the absolute errors of 38.59 .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 UltraPro's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
| Backtest ProShares UltraPro | ProShares UltraPro Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for ProShares UltraPro Short focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 33.59 and upside near 38.67.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of ProShares UltraPro etf data series using in forecasting. Note that when a statistical model is used to represent ProShares UltraPro 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.1227 |
| MAD | Mean absolute deviation | 0.6541 |
| MAPE | Mean absolute percentage error | 0.0211 |
| SAE | Sum of the absolute errors | 38.594 |
Other Forecasting Options for ProShares UltraPro
Relative Strength Index values for ProShares measure the speed and magnitude of recent price changes. Recognizing these clusters in ProShares UltraPro's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of ProShares Etf daily data can reveal short-term reversal or continuation signals. Identifying these patterns in ProShares Etf data supports better trade timing.ProShares UltraPro Related Equities
These stocks are related to ProShares UltraPro within the Trading--Inverse Equity space and can be used for peer review, pricing, or spreading risk. Profit comparisons show whether ProShares UltraPro earns above or below average returns next to its peers. Persistent outperformance or underperformance by specific peers relative to ProShares UltraPro often signals structural advantages or weaknesses. The data below allows side-by-side review across the most common financial metrics.
| Risk & Return | Correlation |
ProShares UltraPro Market Strength Events
Market strength indicators provide a structured view of how ProShares UltraPro etf is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in ProShares UltraPro Short. These signals help validate or refine position timing for ProShares UltraPro. Review these indicators alongside ProShares UltraPro's fundamental data for a complete analytical picture.
ProShares UltraPro Risk Indicators
The analysis of ProShares UltraPro's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with ProShares UltraPro's and helps determine how to manage it. A structured analysis of ProShares UltraPro's risk indicators is one of the most reliable ways to improve forecast accuracy. Investors who carefully evaluate the risks in ProShares UltraPro's are better positioned to make informed decisions.
| Mean Deviation | 1.89 | |||
| Semi Deviation | 2.11 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.08 | |||
| Downside Variance | 5.36 | |||
| Semi Variance | 4.43 | |||
| Expected Short fall | -2.12 |
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 UltraPro
Coverage intensity for ProShares UltraPro Short matters because narrative visibility can influence sentiment, participation, and volatility around the name. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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 ProShares Etf Analysis
Understanding ProShares UltraPro Short starts with its core financial statements, trend data, and ratio analysis. The reports below outline key financial context for ProShares UltraPro Short Etf:Historical Fundamental Analysis of ProShares UltraPro provides a cross-check on projections for ProShares UltraPro. ProShares UltraPro analysis should be read alongside other portfolio and risk tools before reallocating capital. A thorough ProShares UltraPro review pairs this page with the quantitative and comparative resources listed below. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of ProShares UltraPro Short is measured differently than book value, which reflects ProShares accounting equity. Reconciling these perspectives is central to structured valuation analysis.
Distinguishing between ProShares UltraPro's value and market price helps frame analytical expectations. In practice, ProShares UltraPro price is set by the continuous auction process on its listing exchange.