Avantis Equity Mutual Fund Forecast - Naive Prediction

AVUNX Fund  USD 21.60  0.09  0.42%   
The Naive Prediction forecasted value of Avantis Equity on the next trading day is expected to be 21.76 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.92. Avantis Mutual Fund Forecast is based on your current time horizon.
At this time, The relative strength index (RSI) of Avantis Equity's share price is at 59. This suggests that the mutual fund is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Avantis Equity, making its price go up or down.

Momentum 59

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Avantis Equity's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Avantis Equity, which may create opportunities for some arbitrage if properly timed.
Using Avantis Equity hype-based prediction, you can estimate the value of Avantis Equity from the perspective of Avantis Equity response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Avantis Equity on the next trading day is expected to be 21.76 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.92.

Avantis Equity after-hype prediction price

    
  USD 21.6  
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 Avantis Equity to cross-verify your projections.

Avantis Equity Additional Predictive Modules

Most predictive techniques to examine Avantis price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Avantis using various technical indicators. When you analyze Avantis 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 naive forecasting model for Avantis Equity is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Avantis Equity value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Avantis Equity Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Avantis Equity on the next trading day is expected to be 21.76 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.92.
Please note that although there have been many attempts to predict Avantis 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 Avantis Equity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Avantis Equity Mutual Fund Forecast Pattern

Backtest Avantis EquityAvantis Equity Price PredictionBuy or Sell Advice 

Avantis Equity Forecasted Value

In the context of forecasting Avantis Equity'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. Avantis Equity's downside and upside margins for the forecasting period are 20.97 and 22.56, respectively. We have considered Avantis Equity'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
21.60
21.76
Expected Value
22.56
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Avantis Equity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Avantis Equity 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 Criteria116.8362
BiasArithmetic mean of the errors None
MADMean absolute deviation0.16
MAPEMean absolute percentage error0.0078
SAESum of the absolute errors9.9193
This model is not at all useful as a medium-long range forecasting tool of Avantis Equity. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Avantis Equity. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Avantis Equity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avantis Equity. 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
20.8021.6022.40
Details
Intrinsic
Valuation
LowRealHigh
20.5321.3322.13
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.7521.2821.81
Details

Avantis Equity After-Hype Price Prediction Density Analysis

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

Avantis Equity Estimiated After-Hype Price Volatility

In the context of predicting Avantis Equity's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Avantis Equity's historical news coverage. Avantis Equity's after-hype downside and upside margins for the prediction period are 20.80 and 22.40, respectively. We have considered Avantis Equity'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
21.60
21.60
After-hype Price
22.40
Upside
Avantis Equity is very steady at this time. Analysis and calculation of next after-hype price of Avantis Equity is based on 3 months time horizon.

Avantis Equity Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Avantis Equity is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Avantis Equity 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 Avantis Equity, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
0.79
  0.01 
  0.12 
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
21.60
21.60
0.00 
790.00  
Notes

Avantis Equity Hype Timeline

Avantis Equity is presently traded for 21.60. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.12. Avantis is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is presently at 0.1%. %. The volatility of related hype on Avantis Equity is about 65.09%, with the expected price after the next announcement by competition of 21.72. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be very soon.
Check out Historical Fundamental Analysis of Avantis Equity to cross-verify your projections.

Avantis Equity Related Hype Analysis

Having access to credible news sources related to Avantis Equity's direct competition is more important than ever and may enhance your ability to predict Avantis Equity's future price movements. Getting to know how Avantis Equity'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 Avantis Equity may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Avantis Equity

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

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

Avantis Equity Market Strength Events

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

Avantis Equity Risk Indicators

The analysis of Avantis Equity'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 Avantis Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting avantis 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 Avantis Equity

The number of cover stories for Avantis Equity depends on current market conditions and Avantis Equity's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Avantis Equity 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 Avantis Equity's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Other Information on Investing in Avantis Mutual Fund

Avantis Equity financial ratios help investors to determine whether Avantis 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 Avantis with respect to the benefits of owning Avantis Equity security.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments