Europacific Growth Mutual Fund Forecast - Simple Moving Average

CEUFX Fund  USD 62.18  0.38  0.61%   
The Simple Moving Average forecasted value of Europacific Growth Fund on the next trading day is expected to be 61.99 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 31.00. Europacific Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Europacific Growth's share price is above 70 at this time suggesting 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 Europacific, making its price go up or down.

Momentum 71

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Europacific Growth's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Europacific Growth Fund, which may create opportunities for some arbitrage if properly timed.
Using Europacific Growth hype-based prediction, you can estimate the value of Europacific Growth Fund from the perspective of Europacific Growth response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Europacific Growth Fund on the next trading day is expected to be 61.99 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 31.00.

Europacific Growth after-hype prediction price

    
  USD 62.18  
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 Europacific Growth to cross-verify your projections.

Europacific Growth Additional Predictive Modules

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

Europacific Growth Simple Moving Average Price Forecast For the 23rd of January

Given 90 days horizon, the Simple Moving Average forecasted value of Europacific Growth Fund on the next trading day is expected to be 61.99 with a mean absolute deviation of 0.53, mean absolute percentage error of 0.86, and the sum of the absolute errors of 31.00.
Please note that although there have been many attempts to predict Europacific 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 Europacific Growth's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Europacific Growth Mutual Fund Forecast Pattern

Backtest Europacific GrowthEuropacific Growth Price PredictionBuy or Sell Advice 

Europacific Growth Forecasted Value

In the context of forecasting Europacific Growth'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. Europacific Growth's downside and upside margins for the forecasting period are 60.49 and 63.49, respectively. We have considered Europacific Growth'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
62.18
61.99
Expected Value
63.49
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 Europacific Growth mutual fund data series using in forecasting. Note that when a statistical model is used to represent Europacific Growth 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 Criteria114.2867
BiasArithmetic mean of the errors -0.2171
MADMean absolute deviation0.5254
MAPEMean absolute percentage error0.0094
SAESum of the absolute errors31.0
The simple moving average model is conceptually a linear regression of the current value of Europacific Growth Fund price series against current and previous (unobserved) value of Europacific Growth. 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 Europacific Growth

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Europacific Growth. 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
60.6862.1863.68
Details
Intrinsic
Valuation
LowRealHigh
55.9666.1267.62
Details
Bollinger
Band Projection (param)
LowMiddleHigh
56.1660.2564.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Europacific Growth. Your research has to be compared to or analyzed against Europacific Growth's peers to derive any actionable benefits. When done correctly, Europacific Growth'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 Europacific Growth.

Europacific Growth After-Hype Price Prediction Density Analysis

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

Europacific Growth Estimiated After-Hype Price Volatility

In the context of predicting Europacific Growth's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Europacific Growth's historical news coverage. Europacific Growth's after-hype downside and upside margins for the prediction period are 60.68 and 63.68, respectively. We have considered Europacific Growth'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
62.18
62.18
After-hype Price
63.68
Upside
Europacific Growth is very steady at this time. Analysis and calculation of next after-hype price of Europacific Growth is based on 3 months time horizon.

Europacific Growth Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Europacific Growth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Europacific Growth 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 Europacific Growth, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.27 
1.50
 0.00  
  1.30 
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
62.18
62.18
0.00 
0.00  
Notes

Europacific Growth Hype Timeline

Europacific Growth is currently traded for 62.18. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -1.3. Europacific 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 0.27%. %. The volatility of related hype on Europacific Growth is about 31.05%, with the expected price after the next announcement by competition of 60.88. The company has price-to-book (P/B) ratio of 1.73. Some equities with similar Price to Book (P/B) outperform the market in the long run. Europacific Growth last dividend was issued on the 19th of December 2019. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Europacific Growth to cross-verify your projections.

Europacific Growth Related Hype Analysis

Having access to credible news sources related to Europacific Growth's direct competition is more important than ever and may enhance your ability to predict Europacific Growth's future price movements. Getting to know how Europacific Growth'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 Europacific Growth 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
RERAXEuropacific Growth Fund(41.33)2 per month 0.33  0.11  1.43 (1.23) 12.07 
RERGXEuropacific Growth Fund 0.00 0 per month 0.32  0.11  1.42 (1.23) 11.28 
RERFXEuropacific Growth Fund 0.00 0 per month 0.34  0.11  1.42 (1.23) 11.30 
RERHXEuropacific Growth Fund 0.00 0 per month 0.33  0.11  1.42 (1.23) 11.37 
RERCXEuropacific Growth Fund 0.00 0 per month 0.33  0.11  1.42 (1.23) 11.64 
RERBXEuropacific Growth Fund(2.15)2 per month 0.33  0.11  1.43 (1.23) 11.96 
REREXEuropacific Growth Fund 0.00 0 per month 0.34  0.11  1.43 (1.22) 11.58 
AEGBXEuropacific Growth Fund 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
AEPGXEuropacific Growth Fund 0.00 0 per month 0.36  0.10  1.42 (1.23) 11.31 

Other Forecasting Options for Europacific Growth

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

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

Europacific Growth Market Strength Events

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

Europacific Growth Risk Indicators

The analysis of Europacific Growth'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 Europacific Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting europacific 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 Europacific Growth

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

Europacific Growth financial ratios help investors to determine whether Europacific 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 Europacific with respect to the benefits of owning Europacific Growth security.
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