Hodges Fund Mutual Fund Forward View

HDPMX Fund  USD 82.17  0.72  0.88%   
Hodges Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Hodges Fund's share price is at 59. 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 Hodges Fund, making its price go up or down.

Momentum 59

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Hodges Fund's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Hodges Fund Retail, which may create opportunities for some arbitrage if properly timed.
Using Hodges Fund hype-based prediction, you can estimate the value of Hodges Fund Retail from the perspective of Hodges Fund response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Hodges Fund Retail on the next trading day is expected to be 81.58 with a mean absolute deviation of 1.04 and the sum of the absolute errors of 63.30.

Hodges Fund after-hype prediction price

    
  USD 81.57  
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 Hodges Fund to cross-verify your projections.

Hodges Fund Additional Predictive Modules

Most predictive techniques to examine Hodges price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hodges using various technical indicators. When you analyze Hodges 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 Hodges Fund is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Hodges Fund Retail 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.

Hodges Fund Naive Prediction Price Forecast For the 4th of February

Given 90 days horizon, the Naive Prediction forecasted value of Hodges Fund Retail on the next trading day is expected to be 81.58 with a mean absolute deviation of 1.04, mean absolute percentage error of 2.20, and the sum of the absolute errors of 63.30.
Please note that although there have been many attempts to predict Hodges 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 Hodges Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hodges Fund Mutual Fund Forecast Pattern

Backtest Hodges Fund  Hodges Fund Price Prediction  Research Analysis  

Hodges Fund Forecasted Value

In the context of forecasting Hodges Fund'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. Hodges Fund's downside and upside margins for the forecasting period are 79.65 and 83.52, respectively. We have considered Hodges Fund'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
82.17
81.58
Expected Value
83.52
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 Hodges Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Hodges Fund 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 Criteria118.8996
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0377
MAPEMean absolute percentage error0.0141
SAESum of the absolute errors63.2996
This model is not at all useful as a medium-long range forecasting tool of Hodges Fund Retail. 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 Hodges Fund. 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 Hodges Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hodges Fund Retail. 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
79.6381.5783.51
Details
Intrinsic
Valuation
LowRealHigh
80.5682.5084.44
Details
Bollinger
Band Projection (param)
LowMiddleHigh
78.4981.5584.62
Details

Hodges Fund After-Hype Price Density Analysis

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

Hodges Fund Estimiated After-Hype Price Volatility

In the context of predicting Hodges Fund's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hodges Fund's historical news coverage. Hodges Fund's after-hype downside and upside margins for the prediction period are 79.63 and 83.51, respectively. We have considered Hodges Fund'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
82.17
81.57
After-hype Price
83.51
Upside
Hodges Fund is very steady at this time. Analysis and calculation of next after-hype price of Hodges Fund Retail is based on 3 months time horizon.

Hodges Fund Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Hodges Fund is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hodges Fund 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 Hodges Fund, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.31 
1.94
  0.12 
 0.00  
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
82.17
81.57
0.15 
510.53  
Notes

Hodges Fund Hype Timeline

Hodges Fund Retail is currently traded for 82.17. The entity has historical hype elasticity of 0.12, and average elasticity to hype of competition of 0.0. Hodges is expected to increase in value after the next headline, with the price projected to jump to 81.57 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.15%, whereas the daily expected return is currently at 0.31%. The volatility of related hype on Hodges Fund is about 27714.29%, with the expected price after the next announcement by competition of 82.17. Assuming the 90 days horizon the next expected press release will be very soon.
Check out Historical Fundamental Analysis of Hodges Fund to cross-verify your projections.

Hodges Fund Related Hype Analysis

Having access to credible news sources related to Hodges Fund's direct competition is more important than ever and may enhance your ability to predict Hodges Fund's future price movements. Getting to know how Hodges Fund'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 Hodges Fund 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
SPEDXAlger Dynamic Opportunities(0.07)2 per month 0.00 (0.14) 1.27 (1.27) 3.51 
BWLIXAmerican Beacon Bridgeway 0.00 0 per month 0.41  0.16  1.55 (1.08) 3.03 
CRMAXCrm Smallmid Cap 0.00 0 per month 0.77  0.13  2.25 (1.54) 7.99 
PVCMXPalm Valley Capital 0.00 0 per month 0.00 (0.02) 0.57 (0.41) 1.08 
SDVGXSit Dividend Growth 0.00 0 per month 0.40  0.11  1.01 (1.12) 11.18 
WBALXBalanced Fund Balanced 0.00 0 per month 0.00  0.05  0.72 (0.44) 4.27 
BRLVXAmerican Beacon Bridgeway 0.00 0 per month 0.39  0.16  1.54 (1.11) 3.00 
RYVFXRoyce Small Cap Value 0.00 0 per month 0.54  0.14  2.35 (1.27) 12.98 
EMFIXAshmore Emerging Markets 0.00 0 per month 0.51  0.14  1.56 (1.20) 3.54 
EMEAXAshmore Emerging Markets 0.00 0 per month 0.50  0.13  1.57 (1.21) 3.61 

Other Forecasting Options for Hodges Fund

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

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

Hodges Fund Market Strength Events

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

Hodges Fund Risk Indicators

The analysis of Hodges Fund'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 Hodges Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hodges 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 Hodges Fund

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

Hodges Fund financial ratios help investors to determine whether Hodges 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 Hodges with respect to the benefits of owning Hodges Fund security.
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