ZKB Silver Etf Forward View - Triple Exponential Smoothing
| ZSILHE Etf | EUR 336.65 -2.65 -0.78% |
The Triple Exponential Smoothing forecast shown here for ZKB Silver is reference data produced from the equity's historical price series. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Triple Exponential Smoothing forecasted value of ZKB Silver ETF on the next trading day is expected to be 338.90 with a mean absolute deviation of 18.42 and the sum of the absolute errors of 1,105.As with simple exponential smoothing, in triple exponential smoothing models past ZKB Silver 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 ZKB Silver ETF observations. This Triple Exponential Smoothing reference page for ZKB Silver presents model-generated projections from historical price data for informational purposes. Triple Exponential Smoothing Price Forecast For the 22nd of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of ZKB Silver ETF on the next trading day is expected to be 338.90 with a mean absolute deviation of 18.42 , mean absolute percentage error of 690.60 , and the sum of the absolute errors of 1,105 .Please note that although there have been many attempts to predict ZKB 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 ZKB Silver's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
| Backtest ZKB Silver | ZKB Silver Price Prediction | Research Analysis |
Forecasted Value
Forecasting ZKB Silver ETF for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. At the moment, the model places downside around 332.84 and upside around 344.96 for the forecasting period.
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 ZKB Silver etf data series using in forecasting. Note that when a statistical model is used to represent ZKB Silver 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 | 2.0642 |
| MAD | Mean absolute deviation | 18.4158 |
| MAPE | Mean absolute percentage error | 0.0446 |
| SAE | Sum of the absolute errors | 1104.95 |
Other Forecasting Options for ZKB Silver
Regardless of investment experience, understanding ZKB Silver's price movement is essential for anyone considering a position in ZKB. Price charts for ZKB Etf are often filled with noise that can lead to poor investment choices if not properly filtered.ZKB Silver Related Equities
The following equities are related to ZKB Silver within the Commodities - Precious Metals space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing ZKB Silver 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 |
ZKB Silver Market Strength Events
Market strength indicators for ZKB Silver give investors insight into the etf's responsiveness to broader market forces. Tracking these indicators provides context to make informed timing decisions and identify periods where trading ZKB Silver is likely to be most rewarding.
| Accumulation Distribution | 167.94 | |||
| Daily Balance Of Power | -0.13 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 340.88 | |||
| Day Typical Price | 339.47 | |||
| Market Facilitation Index | 0.0069 | |||
| Price Action Indicator | -5.55 | |||
| Period Momentum Indicator | -2.65 |
ZKB Silver Risk Indicators
A thorough review of ZKB Silver's risk indicators is an important first step in forecasting its price and managing investment exposure. This analysis provides context for determining the appropriate level of risk to accept when holding ZKB Silver's.
| Mean Deviation | 4.11 | |||
| Semi Deviation | 6.1 | |||
| Standard Deviation | 5.76 | |||
| Variance | 33.19 | |||
| Downside Variance | 44.69 | |||
| Semi Variance | 37.16 | |||
| Expected Short fall | -3.97 |
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 ZKB Silver
Story coverage around ZKB Silver ETF often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
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 ZKB Etf Analysis
Other Information on Investing in ZKB Etf
ZKB Silver ratios capture relationships across its reported financial data. They summarize how financial performance connects to valuation.