American Balanced Mutual Fund Forecast - Simple Exponential Smoothing

AMBFX Fund  USD 38.48  0.11  0.29%   
The Simple Exponential Smoothing forecasted value of American Balanced Fund on the next trading day is expected to be 38.48 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 10.05. American Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of American Balanced's share price is below 20 . This suggests that the mutual fund 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
The successful prediction of American Balanced's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with American Balanced Fund, which may create opportunities for some arbitrage if properly timed.
Using American Balanced hype-based prediction, you can estimate the value of American Balanced Fund from the perspective of American Balanced response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of American Balanced Fund on the next trading day is expected to be 38.48 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 10.05.

American Balanced after-hype prediction price

    
  USD 38.48  
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 American Balanced to cross-verify your projections.

American Balanced Additional Predictive Modules

Most predictive techniques to examine American price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for American using various technical indicators. When you analyze American 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.
American Balanced simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for American Balanced Fund are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as American Balanced prices get older.

American Balanced Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of American Balanced Fund on the next trading day is expected to be 38.48 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 10.05.
Please note that although there have been many attempts to predict American Mutual Fund 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 American Balanced's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American Balanced Mutual Fund Forecast Pattern

Backtest American BalancedAmerican Balanced Price PredictionBuy or Sell Advice 

American Balanced Forecasted Value

In the context of forecasting American Balanced's Mutual 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. American Balanced's downside and upside margins for the forecasting period are 37.91 and 39.05, respectively. We have considered American Balanced'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
38.48
38.48
Expected Value
39.05
Upside

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 American Balanced mutual fund data series using in forecasting. Note that when a statistical model is used to represent American Balanced mutual 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 Criteria115.0062
BiasArithmetic mean of the errors -0.027
MADMean absolute deviation0.1648
MAPEMean absolute percentage error0.0044
SAESum of the absolute errors10.05
This simple exponential smoothing model begins by setting American Balanced Fund forecast for the second period equal to the observation of the first period. In other words, recent American Balanced observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for American Balanced

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Balanced. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual 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
37.9138.4839.05
Details
Intrinsic
Valuation
LowRealHigh
37.6038.1738.74
Details
Bollinger
Band Projection (param)
LowMiddleHigh
36.8337.8738.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Balanced. Your research has to be compared to or analyzed against American Balanced's peers to derive any actionable benefits. When done correctly, American Balanced's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in American Balanced.

American Balanced After-Hype Price Prediction Density Analysis

As far as predicting the price of American Balanced 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 American Balanced 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 Mutual Fund prices, such as prices of American Balanced, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

American Balanced Estimiated After-Hype Price Volatility

In the context of predicting American Balanced's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on American Balanced's historical news coverage. American Balanced's after-hype downside and upside margins for the prediction period are 37.91 and 39.05, respectively. We have considered American Balanced'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
38.48
38.48
After-hype Price
39.05
Upside
American Balanced is very steady at this time. Analysis and calculation of next after-hype price of American Balanced is based on 3 months time horizon.

American Balanced Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as American Balanced is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading American Balanced 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 American Balanced, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.06 
0.57
  1.78 
  0.12 
5 Events / Month
2 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
38.48
38.48
0.00 
1.92  
Notes

American Balanced Hype Timeline

American Balanced is presently traded for 38.48. The entity has historical hype elasticity of 1.78, and average elasticity to hype of competition of 0.12. American 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 about 1.92%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.06%. %. The volatility of related hype on American Balanced is about 28.67%, with the expected price after the next announcement by competition of 38.60. The company last dividend was issued on the 16th of March 2020. Assuming the 90 days horizon the next forecasted press release will be in about 5 days.
Check out Historical Fundamental Analysis of American Balanced to cross-verify your projections.

American Balanced Related Hype Analysis

Having access to credible news sources related to American Balanced's direct competition is more important than ever and may enhance your ability to predict American Balanced's future price movements. Getting to know how American Balanced'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 American Balanced may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
BALFXAmerican Balanced Fund 0.00 0 per month 0.45 (0.04) 0.95 (0.88) 2.62 
RLBGXAmerican Balanced Fund 29.62 6 per month 0.44 (0.03) 0.95 (0.91) 2.67 
ABALXAmerican Balanced 29.64 4 per month 0.53 (0.04) 0.95 (0.91) 2.75 
GFACXGrowth Fund Of 0.85 1 per month 0.72  0.09  1.40 (1.97) 14.57 
RGAAXGrowth Fund Of(0.97)9 per month 0.73  0.08  1.39 (1.99) 14.17 
RGABXGrowth Fund Of(2.26)7 per month 0.73  0.08  1.40 (1.98) 13.89 
GFAFXGrowth Fund Of(11.41)2 per month 0.75  0.08  1.41 (1.99) 12.18 
GFFFXGrowth Fund Of(11.91)3 per month 0.74  0.08  1.40 (1.99) 12.10 
AGTHXGrowth Fund Of(1.40)1 per month 0.59  0.13  1.90 (1.98) 15.55 
GAFFXGrowth Fund Of(12.28)6 per month 0.74  0.08  1.41 (1.98) 12.04 

Other Forecasting Options for American Balanced

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

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

American Balanced Market Strength Events

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

American Balanced Risk Indicators

The analysis of American Balanced'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 American Balanced's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american mutual 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 American Balanced

The number of cover stories for American Balanced depends on current market conditions and American Balanced's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that American Balanced 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 American Balanced'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 American Mutual Fund

American Balanced financial ratios help investors to determine whether American Mutual 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 American with respect to the benefits of owning American Balanced security.
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