Concorde Wealth Mutual Fund Forecast - Polynomial Regression
| CONWX Fund | USD 19.96 0.05 0.25% |
The Polynomial Regression forecasted value of Concorde Wealth Management on the next trading day is expected to be 20.00 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 5.19. Concorde Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Concorde Wealth'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 Concorde, making its price go up or down. Momentum 71
Buy Stretched
Oversold | Overbought |
Using Concorde Wealth hype-based prediction, you can estimate the value of Concorde Wealth Management from the perspective of Concorde Wealth response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Concorde Wealth Management on the next trading day is expected to be 20.00 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 5.19. Concorde Wealth after-hype prediction price | USD 0.0 |
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.
Concorde |
Concorde Wealth Additional Predictive Modules
Most predictive techniques to examine Concorde price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Concorde using various technical indicators. When you analyze Concorde 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Concorde Wealth Polynomial Regression Price Forecast For the 24th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Concorde Wealth Management on the next trading day is expected to be 20.00 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.19.Please note that although there have been many attempts to predict Concorde 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 Concorde Wealth's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Concorde Wealth Mutual Fund Forecast Pattern
| Backtest Concorde Wealth | Concorde Wealth Price Prediction | Buy or Sell Advice |
Concorde Wealth Forecasted Value
In the context of forecasting Concorde Wealth'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. Concorde Wealth's downside and upside margins for the forecasting period are 19.56 and 20.45, respectively. We have considered Concorde Wealth'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Concorde Wealth mutual fund data series using in forecasting. Note that when a statistical model is used to represent Concorde Wealth 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.| AIC | Akaike Information Criteria | 115.4432 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0837 |
| MAPE | Mean absolute percentage error | 0.0044 |
| SAE | Sum of the absolute errors | 5.1906 |
Predictive Modules for Concorde Wealth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Concorde Wealth Mana. 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 Concorde Wealth'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.
Concorde Wealth After-Hype Price Prediction Density Analysis
As far as predicting the price of Concorde Wealth 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 Concorde Wealth 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 Concorde Wealth, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Concorde Wealth Estimiated After-Hype Price Volatility
In the context of predicting Concorde Wealth's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Concorde Wealth's historical news coverage. Concorde Wealth's after-hype downside and upside margins for the prediction period are 0.00 and 0.44, respectively. We have considered Concorde Wealth'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
Concorde Wealth is out of control at this time. Analysis and calculation of next after-hype price of Concorde Wealth Mana is based on 3 months time horizon.
Concorde Wealth Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Concorde Wealth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Concorde Wealth 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 Concorde Wealth, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.12 | 0.44 | 2.95 | 0.00 | 3 Events / Month | 0 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
19.96 | 0.00 | 0.00 |
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Concorde Wealth Hype Timeline
Concorde Wealth Mana is currently traded for 19.96. The entity has historical hype elasticity of 2.95, and average elasticity to hype of competition of 0.0. Concorde is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 1.79%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.12%. %. The volatility of related hype on Concorde Wealth is about 4400.0%, with the expected price after the next announcement by competition of 19.96. The company last dividend was issued on the 31st of December 1970. Assuming the 90 days horizon the next anticipated press release will be in about 3 days. Check out Historical Fundamental Analysis of Concorde Wealth to cross-verify your projections.Concorde Wealth Related Hype Analysis
Having access to credible news sources related to Concorde Wealth's direct competition is more important than ever and may enhance your ability to predict Concorde Wealth's future price movements. Getting to know how Concorde Wealth'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 Concorde Wealth may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FARIX | Fulcrum Diversified Absolute | 0.00 | 0 per month | 0.34 | 0.08 | 1.07 | (0.89) | 3.57 | |
| WDIAX | Wilmington Diversified Income | 0.00 | 0 per month | 0.49 | (0.01) | 0.98 | (1.03) | 3.44 | |
| FZABX | Fidelity Advisor Diversified | 0.11 | 1 per month | 0.37 | 0.13 | 1.37 | (1.42) | 14.27 | |
| JPDVX | Jpmorgan Diversified Fund | 0.01 | 1 per month | 0.00 | 0.08 | 0.82 | (0.73) | 14.15 | |
| SSHFX | Sound Shore Fund | 0.00 | 0 per month | 0.34 | 0.12 | 1.38 | (1.29) | 15.33 | |
| RTOUX | Tax Managed Mid Small | (0.19) | 1 per month | 0.72 | 0.06 | 1.92 | (1.40) | 4.25 | |
| OPTCX | Rbb Fund | 0.00 | 0 per month | 0.00 | (0.34) | 0.40 | (0.20) | 1.00 |
Other Forecasting Options for Concorde Wealth
For every potential investor in Concorde, whether a beginner or expert, Concorde Wealth's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Concorde Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Concorde. Basic forecasting techniques help filter out the noise by identifying Concorde Wealth's price trends.Concorde Wealth 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 Concorde Wealth mutual fund to make a market-neutral strategy. Peer analysis of Concorde Wealth could also be used in its relative valuation, which is a method of valuing Concorde Wealth by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Concorde Wealth Market Strength Events
Market strength indicators help investors to evaluate how Concorde Wealth 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 Concorde Wealth shares will generate the highest return on investment. By undertsting and applying Concorde Wealth mutual fund market strength indicators, traders can identify Concorde Wealth Management entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 19.96 | |||
| Day Typical Price | 19.96 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.05 | |||
| Relative Strength Index | 71.17 |
Concorde Wealth Risk Indicators
The analysis of Concorde Wealth'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 Concorde Wealth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting concorde 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.
| Mean Deviation | 0.3347 | |||
| Semi Deviation | 0.0698 | |||
| Standard Deviation | 0.441 | |||
| Variance | 0.1944 | |||
| Downside Variance | 0.1812 | |||
| Semi Variance | 0.0049 | |||
| Expected Short fall | (0.38) |
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 Concorde Wealth
The number of cover stories for Concorde Wealth depends on current market conditions and Concorde Wealth's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Concorde Wealth 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 Concorde Wealth'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 Concorde Mutual Fund
Concorde Wealth financial ratios help investors to determine whether Concorde 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 Concorde with respect to the benefits of owning Concorde Wealth security.
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