Zacks All-cap Mutual Fund Forward View - Simple Regression
| CZOVX Fund | USD 29.87 0.11 0.37% |
Zacks Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Zacks All-cap's mutual fund price is slightly above 64 suggesting that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Zacks, making its price go up or down. Momentum 64
Buy Extended
Oversold | Overbought |
Using Zacks All-cap hype-based prediction, you can estimate the value of Zacks All Cap Core from the perspective of Zacks All-cap response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Zacks All Cap Core on the next trading day is expected to be 30.43 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 16.04. Zacks All-cap after-hype prediction price | USD 29.87 |
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.
Zacks |
Zacks All-cap Additional Predictive Modules
Most predictive techniques to examine Zacks price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zacks using various technical indicators. When you analyze Zacks 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 |
Zacks All-cap Simple Regression Price Forecast For the 20th of February
Given 90 days horizon, the Simple Regression forecasted value of Zacks All Cap Core on the next trading day is expected to be 30.43 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.11, and the sum of the absolute errors of 16.04.Please note that although there have been many attempts to predict Zacks Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Zacks All-cap's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Zacks All-cap Mutual Fund Forecast Pattern
| Backtest Zacks All-cap | Zacks All-cap Price Prediction | Research Analysis |
Zacks All-cap Forecasted Value
In the context of forecasting Zacks All-cap'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. Zacks All-cap's downside and upside margins for the forecasting period are 29.64 and 31.22, respectively. We have considered Zacks All-cap'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Zacks All-cap mutual fund data series using in forecasting. Note that when a statistical model is used to represent Zacks All-cap 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 | 115.9226 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2629 |
| MAPE | Mean absolute percentage error | 0.0089 |
| SAE | Sum of the absolute errors | 16.0364 |
Predictive Modules for Zacks All-cap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zacks All Cap. 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 Zacks All-cap'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.
Zacks All-cap After-Hype Price Density Analysis
As far as predicting the price of Zacks All-cap 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 Zacks All-cap 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 Zacks All-cap, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Zacks All-cap Estimiated After-Hype Price Volatility
In the context of predicting Zacks All-cap's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Zacks All-cap's historical news coverage. Zacks All-cap's after-hype downside and upside margins for the prediction period are 29.08 and 30.66, respectively. We have considered Zacks All-cap'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Zacks All-cap is very steady at this time. Analysis and calculation of next after-hype price of Zacks All Cap is based on 3 months time horizon.
Zacks All-cap Mutual Fund Price Outlook Analysis
Have you ever been surprised when a price of a Mutual Fund such as Zacks All-cap is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zacks All-cap 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 Zacks All-cap, 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 |
0.11 | 0.79 | 0.00 | 0.15 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
29.87 | 29.87 | 0.00 |
|
Zacks All-cap Hype Timeline
Zacks All Cap is currently traded for 29.87. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.15. Zacks 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 insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.11%. %. The volatility of related hype on Zacks All-cap is about 59.62%, with the expected price after the next announcement by competition of 29.72. The company last dividend was issued on the 12th of December 1970. Assuming the 90 days horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Zacks All-cap to cross-verify your projections.Zacks All-cap Related Hype Analysis
Having access to credible news sources related to Zacks All-cap's direct competition is more important than ever and may enhance your ability to predict Zacks All-cap's future price movements. Getting to know how Zacks All-cap'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 Zacks All-cap may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ZSCCX | Zacks Small Cap E | 0.00 | 0 per month | 0.56 | 0.1 | 2.50 | (1.20) | 4.67 | |
| ZSCIX | Zacks Small Cap E | 0.00 | 0 per month | 0.59 | 0.1 | 2.52 | (1.22) | 4.67 | |
| ZDIIX | Zacks Dividend Fund | 0.07 | 2 per month | 0.41 | 0.12 | 1.32 | (1.02) | 3.42 | |
| ZDIVX | Zacks Dividend Fund | (5.37) | 5 per month | 0.42 | 0.13 | 1.30 | (1.00) | 3.44 |
Other Forecasting Options for Zacks All-cap
For every potential investor in Zacks, whether a beginner or expert, Zacks All-cap's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zacks Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zacks. Basic forecasting techniques help filter out the noise by identifying Zacks All-cap's price trends.Zacks All-cap 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 Zacks All-cap mutual fund to make a market-neutral strategy. Peer analysis of Zacks All-cap could also be used in its relative valuation, which is a method of valuing Zacks All-cap by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zacks All-cap Market Strength Events
Market strength indicators help investors to evaluate how Zacks All-cap 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 Zacks All-cap shares will generate the highest return on investment. By undertsting and applying Zacks All-cap mutual fund market strength indicators, traders can identify Zacks All Cap Core entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 29.87 | |||
| Day Typical Price | 29.87 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.11) | |||
| Relative Strength Index | 64.37 |
Zacks All-cap Risk Indicators
The analysis of Zacks All-cap'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 Zacks All-cap's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zacks 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 | 0.6083 | |||
| Semi Deviation | 0.7412 | |||
| Standard Deviation | 0.8308 | |||
| Variance | 0.6902 | |||
| Downside Variance | 0.6377 | |||
| Semi Variance | 0.5494 | |||
| Expected Short fall | (0.66) |
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 Zacks All-cap
The number of cover stories for Zacks All-cap depends on current market conditions and Zacks All-cap's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Zacks All-cap 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 Zacks All-cap'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
Story Categories
Currently Trending Categories
Other Information on Investing in Zacks Mutual Fund
Zacks All-cap financial ratios help investors to determine whether Zacks 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 Zacks with respect to the benefits of owning Zacks All-cap security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| AI Portfolio Prophet Use AI to generate optimal portfolios and find profitable investment opportunities |