ProShares SAMPP Etf Forward View - Simple Exponential Smoothing
| SPXV Etf | USD 72.20 -0.20 -0.28% |
This reference page presents Simple Exponential Smoothing forecast data for ProShares SAMPP 500. The model output shown here is derived from ProShares SAMPP's historical price series and is provided for informational purposes.
The Simple Exponential Smoothing forecasted value of ProShares SAMPP 500 on the next trading day is expected to be 72.23 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.80.This simple exponential smoothing model begins by setting ProShares SAMPP 500 forecast for the second period equal to the observation of the first period. In other words, recent ProShares SAMPP observations are given relatively more weight in forecasting than the older observations. This Simple Exponential Smoothing forecast data for ProShares SAMPP 500 is sourced from the most recent available trading data and is intended solely as reference information. Simple Exponential Smoothing Price Forecast For the 21st of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of ProShares SAMPP 500 on the next trading day is expected to be 72.23 with a mean absolute deviation of 0.47 , mean absolute percentage error of 0.34 , and the sum of the absolute errors of 28.80 .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 SAMPP's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
| Backtest ProShares SAMPP | ProShares SAMPP Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for ProShares SAMPP 500 focuses on identifying predictive downside and upside bands that can frame a realistic trading range. 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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of ProShares SAMPP etf data series using in forecasting. Note that when a statistical model is used to represent ProShares SAMPP 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 | 117.0432 |
| Bias | Arithmetic mean of the errors | 0.0459 |
| MAD | Mean absolute deviation | 0.4721 |
| MAPE | Mean absolute percentage error | 0.0063 |
| SAE | Sum of the absolute errors | 28.8002 |
Other Forecasting Options for ProShares SAMPP
For every potential investor in ProShares, whether a beginner or expert, ProShares SAMPP's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better.ProShares SAMPP Related Equities
The following equities are related to ProShares SAMPP within the Large Blend space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing ProShares SAMPP 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 SAMPP Market Strength Events
Market strength indicators help investors to evaluate how ProShares SAMPP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProShares SAMPP shares will generate the highest return on.
ProShares SAMPP Risk Indicators
The analysis of ProShares SAMPP'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 ProShares SAMPP's investment and either accepting that risk or mitigating it.
| Mean Deviation | 0.6319 | |||
| Standard Deviation | 0.8061 | |||
| Variance | 0.6498 |
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 SAMPP
Story coverage around ProShares SAMPP 500 often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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More Resources for ProShares Etf Analysis
The foundation for reviewing ProShares SAMPP 500 is its financial reporting and trend data. These measures summarize how the business operates financially.Cross-checking projections for ProShares SAMPP against Historical Fundamental Analysis of ProShares SAMPP can provide additional context. Reviewing past fundamental performance provides grounding for forward-looking estimates. The pace of change in historical fundamentals can inform expectations about future trends. ProShares SAMPP currently shows P/E of 19.32. ProShares SAMPP analysis should be paired with portfolio risk and diversification tools before adjusting allocations. For ProShares SAMPP, the analytical tools below add portfolio-level context that single-security review alone cannot provide. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
ProShares SAMPP 500's market price can diverge from book value, the accounting figure shown on ProShares's balance sheet. A P/B ratio of 2.67 indicates the market values ProShares SAMPP above its accounting book value. Intrinsic value represents an estimate of underlying worth and can differ from both market price and book value. The three perspectives together offer a richer context than any single measure alone. The dataset reflects available inputs without directional implication.
For ProShares SAMPP, intrinsic value is a model-driven estimate while price is a market-driven observation. For ProShares SAMPP, key inputs include a P/E ratio of 19.32, and a P/B ratio of 2.67.