Bull Profund Mutual Fund Forecast - Simple Exponential Smoothing

BLPIX Fund  USD 82.91  0.03  0.04%   
Bull Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Bull Profund's share price is at 52 suggesting 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 Bull Profund, making its price go up or down.

Momentum 52

 Impartial

 
Oversold
 
Overbought
The successful prediction of Bull Profund's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Bull Profund Investor, which may create opportunities for some arbitrage if properly timed.
Using Bull Profund hype-based prediction, you can estimate the value of Bull Profund Investor from the perspective of Bull Profund response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Bull Profund Investor on the next trading day is expected to be 82.91 with a mean absolute deviation of 0.46 and the sum of the absolute errors of 27.47.

Bull Profund after-hype prediction price

    
  USD 82.91  
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 Bull Profund to cross-verify your projections.

Bull Profund Additional Predictive Modules

Most predictive techniques to examine Bull price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bull using various technical indicators. When you analyze Bull 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.
Bull Profund 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 Bull Profund Investor are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Bull Profund Investor prices get older.

Bull Profund Simple Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Bull Profund Investor on the next trading day is expected to be 82.91 with a mean absolute deviation of 0.46, mean absolute percentage error of 0.39, and the sum of the absolute errors of 27.47.
Please note that although there have been many attempts to predict Bull 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 Bull Profund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bull Profund Mutual Fund Forecast Pattern

Backtest Bull Profund  Bull Profund Price Prediction  Buy or Sell Advice  

Bull Profund Forecasted Value

In the context of forecasting Bull Profund'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. Bull Profund's downside and upside margins for the forecasting period are 82.14 and 83.68, respectively. We have considered Bull Profund'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
82.91
82.91
Expected Value
83.68
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 Bull Profund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Bull Profund 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 Criteria115.3336
BiasArithmetic mean of the errors -0.0208
MADMean absolute deviation0.4578
MAPEMean absolute percentage error0.0057
SAESum of the absolute errors27.47
This simple exponential smoothing model begins by setting Bull Profund Investor forecast for the second period equal to the observation of the first period. In other words, recent Bull Profund observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Bull Profund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bull Profund Investor. 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
82.1482.9183.68
Details
Intrinsic
Valuation
LowRealHigh
80.7481.5191.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
81.8582.8683.88
Details

Bull Profund After-Hype Price Density Analysis

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

Bull Profund Estimiated After-Hype Price Volatility

In the context of predicting Bull Profund's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bull Profund's historical news coverage. Bull Profund's after-hype downside and upside margins for the prediction period are 82.14 and 83.68, respectively. We have considered Bull Profund'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
82.91
82.91
After-hype Price
83.68
Upside
Bull Profund is very steady at this time. Analysis and calculation of next after-hype price of Bull Profund Investor is based on 3 months time horizon.

Bull Profund Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Bull Profund is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bull Profund 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 Bull Profund, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
0.77
 0.00  
  0.01 
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
82.91
82.91
0.00 
0.00  
Notes

Bull Profund Hype Timeline

Bull Profund Investor is currently traded for 82.91. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Bull 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 currently at 0.03%. %. The volatility of related hype on Bull Profund is about 370.19%, with the expected price after the next announcement by competition of 82.90. The company had 3-1 split on the 18th of November 2019. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Bull Profund to cross-verify your projections.

Bull Profund Related Hype Analysis

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

Other Forecasting Options for Bull Profund

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

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

Bull Profund Market Strength Events

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

Bull Profund Risk Indicators

The analysis of Bull Profund'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 Bull Profund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bull 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 Bull Profund

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

Other Macroaxis Stories

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Other Information on Investing in Bull Mutual Fund

Bull Profund financial ratios help investors to determine whether Bull 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 Bull with respect to the benefits of owning Bull Profund security.
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