Invesco RAFI Etf Forecast - Simple Regression
| PXS Etf | CAD 57.93 0.50 0.87% |
The Simple Regression forecasted value of Invesco RAFI Index on the next trading day is expected to be 57.01 with a mean absolute deviation of 0.46 and the sum of the absolute errors of 28.19. Invesco Etf Forecast is based on your current time horizon.
As of today the relative strength momentum indicator of Invesco RAFI's share price is below 20 indicating that the etf is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Invesco RAFI hype-based prediction, you can estimate the value of Invesco RAFI Index from the perspective of Invesco RAFI response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Invesco RAFI Index on the next trading day is expected to be 57.01 with a mean absolute deviation of 0.46 and the sum of the absolute errors of 28.19. Invesco RAFI after-hype prediction price | CAD 57.93 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Invesco |
Invesco RAFI Additional Predictive Modules
Most predictive techniques to examine Invesco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Invesco using various technical indicators. When you analyze Invesco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Invesco RAFI Simple Regression Price Forecast For the 12th of January 2026
Given 90 days horizon, the Simple Regression forecasted value of Invesco RAFI Index on the next trading day is expected to be 57.01 with a mean absolute deviation of 0.46, mean absolute percentage error of 0.30, and the sum of the absolute errors of 28.19.Please note that although there have been many attempts to predict Invesco 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 Invesco RAFI's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Invesco RAFI Etf Forecast Pattern
| Backtest Invesco RAFI | Invesco RAFI Price Prediction | Buy or Sell Advice |
Invesco RAFI Forecasted Value
In the context of forecasting Invesco RAFI'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. Invesco RAFI's downside and upside margins for the forecasting period are 56.24 and 57.79, respectively. We have considered Invesco RAFI'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Invesco RAFI etf data series using in forecasting. Note that when a statistical model is used to represent Invesco RAFI 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 | 116.915 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4622 |
| MAPE | Mean absolute percentage error | 0.0083 |
| SAE | Sum of the absolute errors | 28.1934 |
Predictive Modules for Invesco RAFI
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco RAFI Index. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Other Forecasting Options for Invesco RAFI
For every potential investor in Invesco, whether a beginner or expert, Invesco RAFI's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Invesco Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Invesco. Basic forecasting techniques help filter out the noise by identifying Invesco RAFI's price trends.Invesco RAFI 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 Invesco RAFI etf to make a market-neutral strategy. Peer analysis of Invesco RAFI could also be used in its relative valuation, which is a method of valuing Invesco RAFI by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Invesco RAFI Index Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Invesco RAFI'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 Invesco RAFI's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Invesco RAFI Market Strength Events
Market strength indicators help investors to evaluate how Invesco RAFI etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco RAFI shares will generate the highest return on investment. By undertsting and applying Invesco RAFI etf market strength indicators, traders can identify Invesco RAFI Index entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 57.93 | |||
| Day Typical Price | 57.93 | |||
| Price Action Indicator | 0.25 | |||
| Period Momentum Indicator | 0.5 |
Invesco RAFI Risk Indicators
The analysis of Invesco RAFI'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 Invesco RAFI's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting invesco etf prices, 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 | 0.5549 | |||
| Semi Deviation | 0.5652 | |||
| Standard Deviation | 0.7886 | |||
| Variance | 0.6219 | |||
| Downside Variance | 0.5705 | |||
| Semi Variance | 0.3194 | |||
| Expected Short fall | (0.57) |
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.
Pair Trading with Invesco RAFI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco RAFI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco RAFI will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Etf
| 0.78 | XSP | iShares Core SP | PairCorr |
| 0.63 | ZSP | BMO SP 500 | PairCorr |
| 0.64 | VFV | Vanguard SP 500 | PairCorr |
| 0.62 | HXS | Global X SP | PairCorr |
| 0.63 | XUS | iShares Core SP | PairCorr |
Moving against Invesco Etf
The ability to find closely correlated positions to Invesco RAFI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco RAFI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco RAFI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco RAFI Index to buy it.
The correlation of Invesco RAFI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco RAFI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco RAFI Index moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco RAFI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Invesco Etf
Invesco RAFI financial ratios help investors to determine whether Invesco Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco RAFI security.