Blue Current Mutual Fund Forecast - Simple Moving Average

BCGDX Fund  USD 19.70  0.08  0.41%   
The Simple Moving Average forecasted value of Blue Current Global on the next trading day is expected to be 19.66 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.36. Blue Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Blue Current's share price is below 20 suggesting 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 Blue Current's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Blue Current Global, which may create opportunities for some arbitrage if properly timed.
Using Blue Current hype-based prediction, you can estimate the value of Blue Current Global from the perspective of Blue Current response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Blue Current Global on the next trading day is expected to be 19.66 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.36.

Blue Current after-hype prediction price

    
  USD 21.84  
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 Blue Current to cross-verify your projections.

Blue Current Additional Predictive Modules

Most predictive techniques to examine Blue price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Blue using various technical indicators. When you analyze Blue 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 Blue Current 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.

Blue Current Simple Moving Average Price Forecast For the 24th of January

Given 90 days horizon, the Simple Moving Average forecasted value of Blue Current Global on the next trading day is expected to be 19.66 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.36.
Please note that although there have been many attempts to predict Blue 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 Blue Current's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Blue Current Mutual Fund Forecast Pattern

Backtest Blue CurrentBlue Current Price PredictionBuy or Sell Advice 

Blue Current Forecasted Value

In the context of forecasting Blue Current'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. Blue Current's downside and upside margins for the forecasting period are 19.11 and 20.21, respectively. We have considered Blue Current'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
19.70
19.66
Expected Value
20.21
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 Blue Current mutual fund data series using in forecasting. Note that when a statistical model is used to represent Blue Current 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 Criteria110.3214
BiasArithmetic mean of the errors -0.0246
MADMean absolute deviation0.1078
MAPEMean absolute percentage error0.0056
SAESum of the absolute errors6.36
The simple moving average model is conceptually a linear regression of the current value of Blue Current Global price series against current and previous (unobserved) value of Blue Current. 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 Blue Current

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blue Current Global. 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 Blue Current'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
17.6621.8422.39
Details
Intrinsic
Valuation
LowRealHigh
17.6620.1820.73
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.9419.4219.89
Details

Blue Current After-Hype Price Prediction Density Analysis

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

Blue Current Estimiated After-Hype Price Volatility

In the context of predicting Blue Current's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Blue Current's historical news coverage. Blue Current's after-hype downside and upside margins for the prediction period are 17.66 and 22.39, respectively. We have considered Blue Current'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
19.70
21.84
After-hype Price
22.39
Upside
Blue Current is very steady at this time. Analysis and calculation of next after-hype price of Blue Current Global is based on 3 months time horizon.

Blue Current Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Blue Current is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Blue Current 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 Blue Current, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
0.55
 0.00  
  0.20 
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
19.70
21.84
11.31 
0.00  
Notes

Blue Current Hype Timeline

Blue Current Global is currently traded for 19.70. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.2. Blue is forecasted to increase in value after the next headline, with the price projected to jump to 21.84 or above. The average volatility of media hype impact on the company the price is insignificant. The price jump on the next news is projected to be 11.31%, whereas the daily expected return is currently at 0.08%. The volatility of related hype on Blue Current is about 21.81%, with the expected price after the next announcement by competition of 19.90. Debt can assist Blue Current until it has trouble settling it off, either with new capital or with free cash flow. So, Blue Current's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Blue Current Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blue to invest in growth at high rates of return. When we think about Blue Current's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Blue Current to cross-verify your projections.

Blue Current Related Hype Analysis

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

Other Forecasting Options for Blue Current

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

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

Blue Current Market Strength Events

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

Blue Current Risk Indicators

The analysis of Blue Current'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 Blue Current's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting blue 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 Blue Current

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

Blue Current financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Current security.
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