# ProShares UltraShort Etf Forecast - Polynomial Regression

SMN | Etf | ## USD 10.05 0.24 2.45% |

ProShares Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ProShares UltraShort historical stock prices and determine the direction of ProShares UltraShort Basic's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of ProShares UltraShort historical fundamentals such as revenue growth or operating cash flow patterns.

Additionally, take a look at Historical Fundamental Analysis of ProShares UltraShort to cross-verify your projections. ProShares |

### Open Interest Agains t 2022-12-16 ProShares Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast ProShares UltraShort's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest ProShares UltraShort's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies ProShares UltraShort stock based on available contracts left at the end of a trading day.

Please note, to derive more accurate forecasting about market movement from the current ProShares UltraShort's open interest, investors have to compare it to ProShares UltraShort's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of ProShares UltraShort is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in ProShares. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Most investors in ProShares UltraShort cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ProShares UltraShort's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ProShares UltraShort's price structures and extracts relationships that further increase the generated results' accuracy.

ProShares UltraShort polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for ProShares UltraShort Basic as well as the accuracy indicators are determined from the period prices. ## ProShares UltraShort Polynomial Regression Price Forecast For the 8th of December

Given 90 days horizon, the Polynomial Regression forecasted value of ProShares UltraShort Basic on the next trading day is expected to be 10.18 with a mean absolute deviation of 0.40, mean absolute percentage error of 0.28, and the sum of the absolute errors of 24.65.Please note that although there have been many attempts to predict ProShares Etf prices using its time series forecasting, we generally do not recommend 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 UltraShort's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

## ProShares UltraShort Etf Forecast Pattern

Backtest ProShares UltraShort | ProShares UltraShort Price Prediction | Buy or Sell Advice |

## ProShares UltraShort Forecasted Value

In the context of forecasting ProShares UltraShort's Etf value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. ProShares UltraShort's downside and upside margins for the forecasting period are 6.35 and 14.01, respectively. We have considered ProShares UltraShort's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.

## Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of ProShares UltraShort etf data series using in forecasting. Note that when a statistical model is used to represent ProShares UltraShort 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 | 116.8438 |

Bias | Arithmetic mean of the errors | None |

MAD | Mean absolute deviation | 0.4041 |

MAPE | Mean absolute percentage error | 0.0318 |

SAE | Sum of the absolute errors | 24.6511 |

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## Predictive Modules for ProShares UltraShort

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProShares UltraShort. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ProShares UltraShort's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ProShares UltraShort in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares UltraShort. Your research has to be compared to or analyzed against ProShares UltraShort's peers to derive any actionable benefits. When done correctly, ProShares UltraShort's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ProShares UltraShort.

## Other Forecasting Options for ProShares UltraShort

For every potential investor in ProShares, whether a beginner or expert, ProShares UltraShort's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ProShares Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ProShares. Basic forecasting techniques help filter out the noise by identifying ProShares UltraShort's price trends.## ProShares UltraShort Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProShares UltraShort etf to make a market-neutral strategy. Peer analysis of ProShares UltraShort could also be used in its relative valuation, which is a method of valuing ProShares UltraShort by comparing valuation metrics with similar companies.

Risk & Return | Correlation |

## ProShares UltraShort Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ProShares UltraShort's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ProShares UltraShort's current price.Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

## ProShares UltraShort Market Strength Events

Market strength indicators help investors to evaluate how ProShares UltraShort 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 UltraShort shares will generate the highest return on investment. By undertsting and applying ProShares UltraShort etf market strength indicators, traders can identify ProShares UltraShort Basic entry and exit signals to maximize returns.

Accumulation Distribution | 405.2 | |||

Daily Balance Of Power | 1.090909 | |||

Rate Of Daily Change | 1.02 | |||

Day Median Price | 10.0 | |||

Day Typical Price | 10.02 | |||

Market Facilitation Index | 0.0 | |||

Price Action Indicator | 0.17 |

## ProShares UltraShort Risk Indicators

The analysis of ProShares UltraShort's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in ProShares UltraShort's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting ProShares UltraShort stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.

Mean Deviation | 3.03 | |||

Standard Deviation | 3.82 | |||

Variance | 14.59 |

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ProShares UltraShort in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ProShares UltraShort's short interest history, or implied volatility extrapolated from ProShares UltraShort options trading.

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Additionally, take a look at Historical Fundamental Analysis of ProShares UltraShort to cross-verify your projections. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

## Complementary Tools for analysis

When running ProShares UltraShort price analysis, check to measure ProShares UltraShort's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares UltraShort is operating at the current time. Most of ProShares UltraShort's value examination focuses on studying past and present price action to predict the probability of ProShares UltraShort's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ProShares UltraShort's price. Additionally, you may evaluate how the addition of ProShares UltraShort to your portfolios can decrease your overall portfolio volatility.

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The market value of ProShares UltraShort is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine ProShares UltraShort value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.