Resolute Performance Fund Forward View - Simple Moving Average

0P000075B1  CAD 117.99  2.23  1.85%   
Resolute Fund outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Resolute Performance stock prices and determine the direction of Resolute Performance's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Resolute Performance's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of today, the relative strength index (RSI) of Resolute Performance's share price is approaching 39. This suggests that the fund is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Resolute Performance, making its price go up or down.

Momentum 39

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Resolute Performance's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Resolute Performance, which may create opportunities for some arbitrage if properly timed.
Using Resolute Performance hype-based prediction, you can estimate the value of Resolute Performance from the perspective of Resolute Performance response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Resolute Performance on the next trading day is expected to be 119.11 with a mean absolute deviation of 3.03 and the sum of the absolute errors of 178.52.

Resolute Performance after-hype prediction price

    
  CAD 117.99  
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 fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Resolute Performance to cross-verify your projections.

Resolute Performance Additional Predictive Modules

Most predictive techniques to examine Resolute price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Resolute using various technical indicators. When you analyze Resolute 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.
A two period moving average forecast for Resolute Performance is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Resolute Performance Simple Moving Average Price Forecast For the 22nd of February

Given 90 days horizon, the Simple Moving Average forecasted value of Resolute Performance on the next trading day is expected to be 119.11 with a mean absolute deviation of 3.03, mean absolute percentage error of 17.85, and the sum of the absolute errors of 178.52.
Please note that although there have been many attempts to predict Resolute Fund 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 Resolute Performance's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Resolute Performance Fund Forecast Pattern

Backtest Resolute Performance  Resolute Performance Price Prediction  Research Analysis  

Resolute Performance Forecasted Value

In the context of forecasting Resolute Performance's Fund 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. Resolute Performance's downside and upside margins for the forecasting period are 115.77 and 122.44, respectively. We have considered Resolute Performance'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.
Market Value
117.99
115.77
Downside
119.11
Expected Value
122.44
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Resolute Performance fund data series using in forecasting. Note that when a statistical model is used to represent Resolute Performance fund, 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.
AICAkaike Information Criteria117.317
BiasArithmetic mean of the errors -0.7928
MADMean absolute deviation3.0258
MAPEMean absolute percentage error0.0279
SAESum of the absolute errors178.525
The simple moving average model is conceptually a linear regression of the current value of Resolute Performance price series against current and previous (unobserved) value of Resolute Performance. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Resolute Performance

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Resolute Performance. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.
Hype
Prediction
LowEstimatedHigh
114.64117.99121.34
Details
Intrinsic
Valuation
LowRealHigh
111.51114.86118.21
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.24115.58218.92
Details

Resolute Performance After-Hype Price Density Analysis

As far as predicting the price of Resolute Performance at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Resolute Performance or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Fund prices, such as prices of Resolute Performance, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Resolute Performance Estimiated After-Hype Price Volatility

In the context of predicting Resolute Performance's fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Resolute Performance's historical news coverage. Resolute Performance's after-hype downside and upside margins for the prediction period are 114.64 and 121.34, respectively. We have considered Resolute Performance's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
117.99
114.64
Downside
117.99
After-hype Price
121.34
Upside
Resolute Performance is very steady at this time. Analysis and calculation of next after-hype price of Resolute Performance is based on 3 months time horizon.

Resolute Performance Fund Price Outlook Analysis

Have you ever been surprised when a price of a Fund such as Resolute Performance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Resolute Performance backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Resolute Performance, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.56 
3.34
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
117.99
117.99
0.00 
0.00  
Notes

Resolute Performance Hype Timeline

Resolute Performance is presently traded for 117.99on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Resolute is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.56%. %. The volatility of related hype on Resolute Performance is about 0.0%, with the expected price after the next announcement by competition of 117.99. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Resolute Performance to cross-verify your projections.

Resolute Performance Related Hype Analysis

Having access to credible news sources related to Resolute Performance's direct competition is more important than ever and may enhance your ability to predict Resolute Performance's future price movements. Getting to know how Resolute Performance's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Resolute Performance may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Resolute Performance

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

Resolute Performance 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 Resolute Performance fund to make a market-neutral strategy. Peer analysis of Resolute Performance could also be used in its relative valuation, which is a method of valuing Resolute Performance by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Resolute Performance Market Strength Events

Market strength indicators help investors to evaluate how Resolute Performance fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resolute Performance shares will generate the highest return on investment. By undertsting and applying Resolute Performance fund market strength indicators, traders can identify Resolute Performance entry and exit signals to maximize returns.

Resolute Performance Risk Indicators

The analysis of Resolute Performance'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 Resolute Performance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting resolute fund 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.
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 Resolute Performance

The number of cover stories for Resolute Performance depends on current market conditions and Resolute Performance's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Resolute Performance is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Resolute Performance's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Resolute Fund

Resolute Performance financial ratios help investors to determine whether Resolute Fund 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 Resolute with respect to the benefits of owning Resolute Performance security.
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