Delaware Small Mutual Fund Forecast - Simple Exponential Smoothing

DVLRX Fund  USD 62.25  1.50  2.47%   
The Simple Exponential Smoothing forecasted value of Delaware Small Cap on the next trading day is expected to be 62.25 with a mean absolute deviation of 0.48 and the sum of the absolute errors of 29.34. Delaware Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Delaware Small'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 Delaware Small's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Delaware Small Cap, which may create opportunities for some arbitrage if properly timed.
Using Delaware Small hype-based prediction, you can estimate the value of Delaware Small Cap from the perspective of Delaware Small response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Delaware Small Cap on the next trading day is expected to be 62.25 with a mean absolute deviation of 0.48 and the sum of the absolute errors of 29.34.

Delaware Small after-hype prediction price

    
  USD 49.51  
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 Delaware Small to cross-verify your projections.

Delaware Small Additional Predictive Modules

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

Delaware Small Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Delaware Small Cap on the next trading day is expected to be 62.25 with a mean absolute deviation of 0.48, mean absolute percentage error of 1.16, and the sum of the absolute errors of 29.34.
Please note that although there have been many attempts to predict Delaware 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 Delaware Small's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Delaware Small Mutual Fund Forecast Pattern

Backtest Delaware SmallDelaware Small Price PredictionBuy or Sell Advice 

Delaware Small Forecasted Value

In the context of forecasting Delaware Small'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. Delaware Small's downside and upside margins for the forecasting period are 60.19 and 64.31, respectively. We have considered Delaware Small'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
62.25
62.25
Expected Value
64.31
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 Delaware Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Delaware Small 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 Criteria118.2589
BiasArithmetic mean of the errors -0.2102
MADMean absolute deviation0.481
MAPEMean absolute percentage error0.0087
SAESum of the absolute errors29.34
This simple exponential smoothing model begins by setting Delaware Small Cap forecast for the second period equal to the observation of the first period. In other words, recent Delaware Small observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Delaware Small

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delaware Small 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.
Hype
Prediction
LowEstimatedHigh
47.4549.5168.48
Details
Intrinsic
Valuation
LowRealHigh
61.7263.7865.84
Details
Bollinger
Band Projection (param)
LowMiddleHigh
49.2957.3865.47
Details

Delaware Small After-Hype Price Prediction Density Analysis

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

Delaware Small Estimiated After-Hype Price Volatility

In the context of predicting Delaware Small's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Delaware Small's historical news coverage. Delaware Small's after-hype downside and upside margins for the prediction period are 47.45 and 68.48, respectively. We have considered Delaware Small'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
62.25
49.51
After-hype Price
68.48
Upside
Delaware Small is very steady at this time. Analysis and calculation of next after-hype price of Delaware Small Cap is based on 3 months time horizon.

Delaware Small Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Delaware Small is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Delaware Small 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 Delaware Small, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.40 
2.06
  12.74 
  0.88 
3 Events / Month
2 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
62.25
49.51
20.47 
6.47  
Notes

Delaware Small Hype Timeline

Delaware Small Cap is currently traded for 62.25. The entity has historical hype elasticity of -12.74, and average elasticity to hype of competition of 0.88. Delaware is projected to decline in value after the next headline, with the price expected to drop to 49.51. The average volatility of media hype impact on the company price is about 6.47%. The price reduction on the next news is expected to be -20.47%, whereas the daily expected return is currently at 0.4%. The volatility of related hype on Delaware Small is about 93.85%, with the expected price after the next announcement by competition of 63.13. The company has price-to-book (P/B) ratio of 1.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. Delaware Small Cap last dividend was issued on the 19th of December 2019. Assuming the 90 days horizon the next projected press release will be in about 3 days.
Check out Historical Fundamental Analysis of Delaware Small to cross-verify your projections.

Delaware Small Related Hype Analysis

Having access to credible news sources related to Delaware Small's direct competition is more important than ever and may enhance your ability to predict Delaware Small's future price movements. Getting to know how Delaware Small'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 Delaware Small 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
JMVAXPerkins Mid Cap 0.03 1 per month 0.32  0.13  1.80 (1.15) 10.88 
JDPRXPerkins Mid Cap 1.29 8 per month 0.34  0.12  1.65 (1.18) 10.83 
JDPNXPerkins Mid Cap 12.11 5 per month 0.30  0.13  1.68 (1.12) 10.84 
JCNRXJanus Trarian Fund 0.20 1 per month 1.19 (0.09) 1.77 (2.06) 4.61 
JMVCXPerkins Mid Cap 1.58 8 per month 0.33  0.12  1.69 (1.16) 11.00 
CIPIXChamplain Mid Cap(3.60)7 per month 0.30  0.1  1.69 (1.20) 22.56 
ESPRXWells Fargo Advantage 10.33 3 per month 0.61  0.07  2.54 (1.17) 4.92 
JDIAXJanus Overseas Fund(30.25)8 per month 0.31  0.03  1.09 (0.86) 2.61 
JCNIXJanus Trarian Fund 0.37 1 per month 1.05  0.05  1.80 (2.08) 14.44 
JDIRXJanus Overseas Fund 29.89 8 per month 0.28  0.05  1.08 (0.84) 2.59 

Other Forecasting Options for Delaware Small

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

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

Delaware Small Market Strength Events

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

Delaware Small Risk Indicators

The analysis of Delaware Small'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 Delaware Small's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting delaware 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 Delaware Small

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

Delaware Small financial ratios help investors to determine whether Delaware 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 Delaware with respect to the benefits of owning Delaware Small security.
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