First American Mutual Fund Forecast - Naive Prediction
| FSCCX Fund | USD 35.11 0.12 0.34% |
First Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of First American's share price is at 57. This usually indicates that the mutual 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 First American, making its price go up or down. Momentum 57
Buy Extended
Oversold | Overbought |
Using First American hype-based prediction, you can estimate the value of First American Investment from the perspective of First American response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of First American Investment on the next trading day is expected to be 35.45 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 22.04. First American after-hype prediction price | USD 35.11 |
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.
First |
First American Additional Predictive Modules
Most predictive techniques to examine First price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for First using various technical indicators. When you analyze First 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 |
First American Naive Prediction Price Forecast For the 29th of January
Given 90 days horizon, the Naive Prediction forecasted value of First American Investment on the next trading day is expected to be 35.45 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.22, and the sum of the absolute errors of 22.04.Please note that although there have been many attempts to predict First 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 First American's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
First American Mutual Fund Forecast Pattern
| Backtest First American | First American Price Prediction | Buy or Sell Advice |
First American Forecasted Value
In the context of forecasting First American'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. First American's downside and upside margins for the forecasting period are 34.41 and 36.49, respectively. We have considered First American'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of First American mutual fund data series using in forecasting. Note that when a statistical model is used to represent First American 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 | 118.4393 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3555 |
| MAPE | Mean absolute percentage error | 0.0107 |
| SAE | Sum of the absolute errors | 22.0389 |
Predictive Modules for First American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First American Investment. 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 First American'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.
First American After-Hype Price Density Analysis
As far as predicting the price of First American 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 First American 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 First American, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
First American Estimiated After-Hype Price Volatility
In the context of predicting First American's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on First American's historical news coverage. First American's after-hype downside and upside margins for the prediction period are 34.07 and 36.15, respectively. We have considered First American'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
First American is very steady at this time. Analysis and calculation of next after-hype price of First American Investment is based on 3 months time horizon.
First American Mutual Fund Price Outlook Analysis
Have you ever been surprised when a price of a Mutual Fund such as First American is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First American 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 First American, 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 |
0.15 | 1.04 | 0.00 | 0.00 | 4 Events / Month | 3 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
35.11 | 35.11 | 0.00 |
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First American Hype Timeline
First American Investment is currently traded for 35.11. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. First 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 0.15%. %. The volatility of related hype on First American is about 52000.0%, with the expected price after the next announcement by competition of 35.11. The company has price-to-book (P/B) ratio of 1.47. Some equities with similar Price to Book (P/B) outperform the market in the long run. First American Investment last dividend was issued on the 30th of December 1970. Assuming the 90 days horizon the next forecasted press release will be in about 4 days. Check out Historical Fundamental Analysis of First American to cross-verify your projections.First American Related Hype Analysis
Having access to credible news sources related to First American's direct competition is more important than ever and may enhance your ability to predict First American's future price movements. Getting to know how First American'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 First American may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FMPFX | Nuveen Small Cap | (0.23) | 9 per month | 1.11 | 0.05 | 1.85 | (1.91) | 6.63 | |
| SAISX | Sa International Small | 0.00 | 0 per month | 0.41 | 0.17 | 1.25 | (1.06) | 2.61 | |
| NSCCX | Nuveen Nwq Small Cap | (0.02) | 13 per month | 0.67 | 0.14 | 2.63 | (1.66) | 14.57 | |
| POPFX | Prospector Opportunity Fund | 0.00 | 0 per month | 0.00 | (0.13) | 1.01 | (1.17) | 41.75 | |
| JCE | Nuveen Core Equity | 0.08 | 2 per month | 0.65 | 0.01 | 1.28 | (1.19) | 3.55 | |
| DBL | Doubleline Opportunistic Credit | 0.02 | 4 per month | 0.00 | (0.25) | 0.60 | (0.53) | 2.05 | |
| CAF | Morgan Stanley China | 0.02 | 3 per month | 0.81 | 0.12 | 2.28 | (1.77) | 6.75 | |
| EMF | Templeton Emerging Markets | 0.08 | 3 per month | 0.62 | 0.22 | 2.06 | (1.60) | 5.66 | |
| NCA | Nuveen California Municipal | (0.07) | 1 per month | 0.55 | 0.03 | 1.19 | (0.98) | 5.74 | |
| IIF | Morgan Stanley India | 0.10 | 6 per month | 0.00 | (0.31) | 0.90 | (1.02) | 4.47 |
Other Forecasting Options for First American
For every potential investor in First, whether a beginner or expert, First American's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First American's price trends.First American 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 First American mutual fund to make a market-neutral strategy. Peer analysis of First American could also be used in its relative valuation, which is a method of valuing First American by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
First American Market Strength Events
Market strength indicators help investors to evaluate how First American 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 First American shares will generate the highest return on investment. By undertsting and applying First American mutual fund market strength indicators, traders can identify First American Investment entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 35.11 | |||
| Day Typical Price | 35.11 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.12) | |||
| Relative Strength Index | 57.13 |
First American Risk Indicators
The analysis of First American'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 First American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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 | 0.7723 | |||
| Semi Deviation | 0.8444 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.11 | |||
| Downside Variance | 0.935 | |||
| Semi Variance | 0.713 | |||
| Expected Short fall | (0.89) |
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 First American
The number of cover stories for First American depends on current market conditions and First American's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that First American 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 First American'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 First Mutual Fund
First American financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First American security.
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