Hennessy Equity Mutual Fund Forward View - Simple Regression

Hennessy Equity Additional Predictive Modules

Most predictive techniques to examine Hennessy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hennessy using various technical indicators. When you analyze Hennessy 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. Simple Regression model is a single variable regression model that attempts to put a straight line through Hennessy Equity price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Hennessy Equity Simple Regression Price Forecast For the 2nd of February

Given 90 days horizon, the Simple Regression forecasted value of Hennessy Equity And on the next trading day is expected to be 14.10 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.17, and the sum of the absolute errors of 21.04.

Hennessy Equity Mutual Fund Forecast Pattern

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Hennessy Equity Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Hennessy Equity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Hennessy Equity 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Hennessy Equity And historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Hennessy Equity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hennessy Equity And. 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 Low Estimated High 12.34 14.02 15.70 Details

Intrinsic Valuation Low Real High 11.70 13.38 15.06 Details

Bollinger Band Projection (param) Low Middle High 13.24 13.45 13.66 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hennessy Equity. Your research has to be compared to or analyzed against Hennessy Equity's peers to derive any actionable benefits. When done correctly, Hennessy Equity'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 Hennessy Equity And.

Hennessy Equity After-Hype Price Density Analysis

Hennessy Equity Estimiated After-Hype Price Volatility

Hennessy Equity Mutual Fund Price Outlook Analysis

Notes

Hennessy Equity Hype Timeline

Hennessy Equity And is currently traded for 13.61. The entity has historical hype elasticity of 0.41, and average elasticity to hype of competition of -0.56. Hennessy is forecasted to increase in value after the next headline, with the price projected to jump to 14.02 or above. The average volatility of media hype impact on the company the price is about 119.15%. The price jump on the next news is projected to be 3.01%, whereas the daily expected return is currently at 0.29%. The volatility of related hype on Hennessy Equity is about 86.33%, with the expected price after the next announcement by competition of 13.05. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Hennessy Equity to cross-verify your projections.

Hennessy Equity Related Hype Analysis

Other Forecasting Options for Hennessy Equity

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

Hennessy Equity Related Equities

Risk & Return

Correlation

Hennessy Equity Market Strength Events

Hennessy Equity Risk Indicators

Story Coverage note for Hennessy Equity

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