Amana Developing Mutual Fund Forecast - Simple Regression

AMIDX Fund  USD 17.16  0.06  0.35%   
Amana Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Amana Developing's share price is above 70 at this time. This suggests that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Amana, making its price go up or down.

Momentum 76

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Amana Developing's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Amana Developing World, which may create opportunities for some arbitrage if properly timed.
Using Amana Developing hype-based prediction, you can estimate the value of Amana Developing World from the perspective of Amana Developing response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Amana Developing World on the next trading day is expected to be 16.69 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.39.

Amana Developing after-hype prediction price

    
  USD 15.94  
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 Amana Developing to cross-verify your projections.

Amana Developing Additional Predictive Modules

Most predictive techniques to examine Amana price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Amana using various technical indicators. When you analyze Amana 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Amana Developing price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Amana Developing Simple Regression Price Forecast For the 28th of January

Given 90 days horizon, the Simple Regression forecasted value of Amana Developing World on the next trading day is expected to be 16.69 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.12, and the sum of the absolute errors of 17.39.
Please note that although there have been many attempts to predict Amana 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 Amana Developing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amana Developing Mutual Fund Forecast Pattern

Backtest Amana Developing  Amana Developing Price Prediction  Buy or Sell Advice  

Amana Developing Forecasted Value

In the context of forecasting Amana Developing'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. Amana Developing's downside and upside margins for the forecasting period are 15.83 and 17.54, respectively. We have considered Amana Developing'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
17.16
16.69
Expected Value
17.54
Upside

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 Amana Developing mutual fund data series using in forecasting. Note that when a statistical model is used to represent Amana Developing 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 Criteria117.7874
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2804
MAPEMean absolute percentage error0.0184
SAESum of the absolute errors17.3857
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Amana Developing World historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Amana Developing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amana Developing World. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amana Developing'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.
Hype
Prediction
LowEstimatedHigh
15.0815.9418.88
Details
Intrinsic
Valuation
LowRealHigh
15.4418.1018.96
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.1516.2017.24
Details

Amana Developing After-Hype Price Density Analysis

As far as predicting the price of Amana Developing 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 Amana Developing 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 Amana Developing, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Amana Developing Estimiated After-Hype Price Volatility

In the context of predicting Amana Developing's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Amana Developing's historical news coverage. Amana Developing's after-hype downside and upside margins for the prediction period are 15.08 and 18.88, respectively. We have considered Amana Developing'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
17.16
15.94
After-hype Price
18.88
Upside
Amana Developing is very steady at this time. Analysis and calculation of next after-hype price of Amana Developing World is based on 3 months time horizon.

Amana Developing Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Amana Developing is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Amana Developing 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 Amana Developing, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.24 
0.86
  1.22 
  1.10 
7 Events / Month
2 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
17.16
15.94
7.11 
16.90  
Notes

Amana Developing Hype Timeline

Amana Developing World is presently traded for 17.16. The entity has historical hype elasticity of -1.22, and average elasticity to hype of competition of -1.1. Amana is forecasted to decline in value after the next headline, with the price expected to drop to 15.94. The average volatility of media hype impact on the company price is about 16.9%. The price reduction on the next news is expected to be -7.11%, whereas the daily expected return is presently at 0.24%. The volatility of related hype on Amana Developing is about 18.7%, with the expected price after the next announcement by competition of 16.06. The company last dividend was issued on the 19th of December 2019. Assuming the 90 days horizon the next forecasted press release will be in about 7 days.
Check out Historical Fundamental Analysis of Amana Developing to cross-verify your projections.

Amana Developing Related Hype Analysis

Having access to credible news sources related to Amana Developing's direct competition is more important than ever and may enhance your ability to predict Amana Developing's future price movements. Getting to know how Amana Developing'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 Amana Developing 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
AMDWXAmana Developing World(5.04)3 per month 0.46  0.21  1.57 (0.93) 3.58 
ICPAXWilliston Basinmid North America 0.03 1 per month 1.05  0.06  1.86 (1.96) 4.50 
JNVSXJensen Quality Value(6.86)2 per month 0.54  0.06  1.38 (1.02) 13.63 
LPDAXBlackrock Lifepath Dynamic 0.00 0 per month 0.82 (0.01) 1.14 (1.33) 3.25 
MECDXMainstay Epoch Capital(4.44)9 per month 0.47  0.09  1.21 (1.19) 10.45 
WSBFXWalden Asset Management(11.49)5 per month 0.00  0.1  0.90 (0.57) 8.26 
CBLLXCb Large Cap 0.00 1 per month 0.35 (0.05) 1.28 (0.81) 2.58 
FLRUXInfrastructure Fund Retail(11.36)5 per month 0.20 (0.13) 0.51 (0.41) 2.12 
ASQIXSmall Pany Fund(6.82)6 per month 0.86  0.08  2.05 (1.67) 4.61 
WELNXWilliam Blair Emerging 0.00 0 per month 0.86 (0.01) 1.47 (1.58) 3.57 

Other Forecasting Options for Amana Developing

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

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

Amana Developing Market Strength Events

Market strength indicators help investors to evaluate how Amana Developing 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 Amana Developing shares will generate the highest return on investment. By undertsting and applying Amana Developing mutual fund market strength indicators, traders can identify Amana Developing World entry and exit signals to maximize returns.

Amana Developing Risk Indicators

The analysis of Amana Developing'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 Amana Developing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amana 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 Amana Developing

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

Amana Developing financial ratios help investors to determine whether Amana 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 Amana with respect to the benefits of owning Amana Developing security.
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