Pro Blend Mutual Fund Forecast - Simple Exponential Smoothing

EXBAX Fund  USD 14.79  0.05  0.34%   
Pro Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Pro Blend's mutual fund price is slightly above 66 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 Pro, making its price go up or down.

Momentum 66

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Pro Blend's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Pro Blend Moderate Term, which may create opportunities for some arbitrage if properly timed.
Using Pro Blend hype-based prediction, you can estimate the value of Pro Blend Moderate Term from the perspective of Pro Blend response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Pro Blend Moderate Term on the next trading day is expected to be 14.79 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.15.

Pro Blend after-hype prediction price

    
  USD 14.79  
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 Pro Blend to cross-verify your projections.

Pro Blend Additional Predictive Modules

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

Pro Blend Simple Exponential Smoothing Price Forecast For the 28th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Pro Blend Moderate Term on the next trading day is expected to be 14.79 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.15.
Please note that although there have been many attempts to predict Pro 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 Pro Blend's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pro Blend Mutual Fund Forecast Pattern

Backtest Pro Blend  Pro Blend Price Prediction  Buy or Sell Advice  

Pro Blend Forecasted Value

In the context of forecasting Pro Blend'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. Pro Blend's downside and upside margins for the forecasting period are 14.18 and 15.40, respectively. We have considered Pro Blend'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
14.79
14.79
Expected Value
15.40
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 Pro Blend mutual fund data series using in forecasting. Note that when a statistical model is used to represent Pro Blend 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 Criteria113.1973
BiasArithmetic mean of the errors -0.0152
MADMean absolute deviation0.0516
MAPEMean absolute percentage error0.0036
SAESum of the absolute errors3.15
This simple exponential smoothing model begins by setting Pro Blend Moderate Term forecast for the second period equal to the observation of the first period. In other words, recent Pro Blend observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Pro Blend

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pro Blend Moderate. 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
14.1814.7915.40
Details
Intrinsic
Valuation
LowRealHigh
13.3116.2016.81
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.4014.6114.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pro Blend. Your research has to be compared to or analyzed against Pro Blend's peers to derive any actionable benefits. When done correctly, Pro Blend'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 Pro Blend Moderate.

Pro Blend After-Hype Price Density Analysis

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

Pro Blend Estimiated After-Hype Price Volatility

In the context of predicting Pro Blend's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Pro Blend's historical news coverage. Pro Blend's after-hype downside and upside margins for the prediction period are 14.18 and 15.40, respectively. We have considered Pro Blend'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
14.79
14.79
After-hype Price
15.40
Upside
Pro Blend is very steady at this time. Analysis and calculation of next after-hype price of Pro Blend Moderate is based on 3 months time horizon.

Pro Blend Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Pro Blend is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pro Blend 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 Pro Blend, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.12 
0.61
 0.00  
  0.08 
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
14.79
14.79
0.00 
6,100  
Notes

Pro Blend Hype Timeline

Pro Blend Moderate is currently traded for 14.79. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.08. Pro 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.12%. %. The volatility of related hype on Pro Blend is about 92.01%, with the expected price after the next announcement by competition of 14.71. The company last dividend was issued on the 16th of December 2019. Assuming the 90 days horizon the next forecasted press release will be very soon.
Check out Historical Fundamental Analysis of Pro Blend to cross-verify your projections.

Pro Blend Related Hype Analysis

Having access to credible news sources related to Pro Blend's direct competition is more important than ever and may enhance your ability to predict Pro Blend's future price movements. Getting to know how Pro Blend'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 Pro Blend 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
DTLGXWilshire Large 0.00 0 per month 0.00 (0.12) 1.55 (2.10) 5.18 
TWSCXStrategic Allocation Servative 0.00 0 per month 0.17  0  0.70 (0.55) 4.16 
EXHAXPro Blend Maximum Term(0.06)2 per month 0.22  0.13  1.32 (0.99) 12.78 
HFCVXHennessy Nerstone Value(6.57)2 per month 0.00  0.14  1.24 (0.74) 6.17 
BACAXBlackrock All Cap Energy 0.00 0 per month 0.77  0.1  1.81 (1.14) 4.45 
DISMXDfa International 0.00 0 per month 0.59  0.07  1.18 (1.09) 2.55 
SEVPXGuggenheim Mid Cap 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
FACEXFrost Growth Equity 0.00 0 per month 0.55  0.09  1.33 (1.62) 32.12 
FWRLXWireless Portfolio Wireless 0.00 0 per month 0.00 (0.14) 1.09 (1.59) 3.14 
QIBGXFederated Mdt Balanced 0.00 0 per month 0.20  0.07  0.89 (0.74) 9.43 

Other Forecasting Options for Pro Blend

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

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

Pro Blend Market Strength Events

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

Pro Blend Risk Indicators

The analysis of Pro Blend'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 Pro Blend's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pro 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 Pro Blend

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

Other Information on Investing in Pro Mutual Fund

Pro Blend financial ratios help investors to determine whether Pro 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 Pro with respect to the benefits of owning Pro Blend security.
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