Federated Premier Fund Forecast - Naive Prediction

FMN Fund  USD 11.11  0.04  0.36%   
The Naive Prediction forecasted value of Federated Premier Municipal on the next trading day is expected to be 11.07 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.86. Federated Fund Forecast is based on your current time horizon.
As of today, The relative strength index (RSI) of Federated Premier's share price is at 50. This usually indicates that the fund is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Federated Premier, making its price go up or down.

Momentum 50

 Impartial

 
Oversold
 
Overbought
The successful prediction of Federated Premier's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Federated Premier Municipal, which may create opportunities for some arbitrage if properly timed.
Using Federated Premier hype-based prediction, you can estimate the value of Federated Premier Municipal from the perspective of Federated Premier response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Federated Premier Municipal on the next trading day is expected to be 11.07 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.86.

Federated Premier after-hype prediction price

    
  USD 11.11  
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 Federated Premier to cross-verify your projections.

Federated Premier Additional Predictive Modules

Most predictive techniques to examine Federated price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Federated using various technical indicators. When you analyze Federated 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 naive forecasting model for Federated Premier is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Federated Premier Municipal value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Federated Premier Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Federated Premier Municipal on the next trading day is expected to be 11.07 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.86.
Please note that although there have been many attempts to predict Federated 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 Federated Premier's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Federated Premier Fund Forecast Pattern

Backtest Federated PremierFederated Premier Price PredictionBuy or Sell Advice 

Federated Premier Forecasted Value

In the context of forecasting Federated Premier's 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. Federated Premier's downside and upside margins for the forecasting period are 10.72 and 11.42, respectively. We have considered Federated Premier'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
11.11
11.07
Expected Value
11.42
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Federated Premier fund data series using in forecasting. Note that when a statistical model is used to represent Federated Premier 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 Criteria113.3895
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0301
MAPEMean absolute percentage error0.0027
SAESum of the absolute errors1.8639
This model is not at all useful as a medium-long range forecasting tool of Federated Premier Municipal. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Federated Premier. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Federated Premier

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Federated Premier. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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
10.7611.1111.46
Details
Intrinsic
Valuation
LowRealHigh
10.7611.1111.46
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.9811.1111.24
Details

Federated Premier After-Hype Price Prediction Density Analysis

As far as predicting the price of Federated Premier 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 Federated Premier 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 Fund prices, such as prices of Federated Premier, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Federated Premier Estimiated After-Hype Price Volatility

In the context of predicting Federated Premier's fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Federated Premier's historical news coverage. Federated Premier's after-hype downside and upside margins for the prediction period are 10.76 and 11.46, respectively. We have considered Federated Premier'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
11.11
11.11
After-hype Price
11.46
Upside
Federated Premier is very steady at this time. Analysis and calculation of next after-hype price of Federated Premier is based on 3 months time horizon.

Federated Premier Fund Price Prediction Analysis

Have you ever been surprised when a price of a Fund such as Federated Premier is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Federated Premier 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 Federated Premier, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
0.35
 0.00  
 0.00  
5 Events / Month
3 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.11
11.11
0.00 
583.33  
Notes

Federated Premier Hype Timeline

On the 23rd of January Federated Premier is traded for 11.11. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Federated is expected 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 expected to be very small, whereas the daily expected return is currently at 0.01%. %. The volatility of related hype on Federated Premier is about 333.33%, with the expected price after the next announcement by competition of 11.11. About 31.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. Federated Premier last dividend was issued on the 20th of October 2022. Considering the 90-day investment horizon the next expected press release will be in about 5 days.
Check out Historical Fundamental Analysis of Federated Premier to cross-verify your projections.

Federated Premier Related Hype Analysis

Having access to credible news sources related to Federated Premier's direct competition is more important than ever and may enhance your ability to predict Federated Premier's future price movements. Getting to know how Federated Premier'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 Federated Premier 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
RFMRiverNorth Flexible Municipalome 0.08 5 per month 0.00 (0.21) 0.65 (0.91) 3.19 
VGIVirtus Global Multi(0.05)3 per month 0.35 (0.13) 0.66 (0.52) 2.22 
IAEVoya Asia Pacific(0.06)2 per month 0.74  0.08  2.20 (1.64) 6.59 
NMSNuveen Minnesota Quality 0.02 4 per month 0.36 (0.17) 0.59 (0.69) 3.17 
HLFNXHennessy Large Cap 0.00 0 per month 1.06  0.06  2.11 (2.08) 12.15 
PGPPimco Global Stocksplus(0.06)4 per month 0.62  0.06  1.44 (1.22) 3.94 
NMINuveen Municipalome 0.04 7 per month 0.43 (0.20) 0.60 (0.88) 3.17 
DMADestra Multi Alternative 0.04 4 per month 0.30  0.0002  1.11 (0.71) 4.30 
GLVClough Global Allocation 0.08 5 per month 0.59  0.01  1.34 (1.32) 3.91 
LVAGXLsv Global Value(1.14)1 per month 0.36  0.15  1.54 (1.27) 5.26 

Other Forecasting Options for Federated Premier

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

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

Federated Premier Market Strength Events

Market strength indicators help investors to evaluate how Federated Premier fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Federated Premier shares will generate the highest return on investment. By undertsting and applying Federated Premier fund market strength indicators, traders can identify Federated Premier Municipal entry and exit signals to maximize returns.

Federated Premier Risk Indicators

The analysis of Federated Premier'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 Federated Premier's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting federated 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 Federated Premier

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

Federated Premier financial ratios help investors to determine whether Federated 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 Federated with respect to the benefits of owning Federated Premier security.
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