Jpmorgan Equity Mutual Fund Forecast - Naive Prediction

HLIEX Fund  USD 25.51  0.12  0.47%   
Jpmorgan Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Jpmorgan Equity's mutual fund price is slightly above 66. This usually indicates 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 Jpmorgan, making its price go up or down.

Momentum 66

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Jpmorgan Equity's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Jpmorgan Equity Income, which may create opportunities for some arbitrage if properly timed.
Using Jpmorgan Equity hype-based prediction, you can estimate the value of Jpmorgan Equity Income from the perspective of Jpmorgan Equity response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Jpmorgan Equity Income on the next trading day is expected to be 26.00 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.25.

Jpmorgan Equity after-hype prediction price

    
  USD 28.91  
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 Jpmorgan Equity to cross-verify your projections.

Jpmorgan Equity Additional Predictive Modules

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

Jpmorgan Equity Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Jpmorgan Equity Income on the next trading day is expected to be 26.00 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.16, and the sum of the absolute errors of 17.25.
Please note that although there have been many attempts to predict Jpmorgan 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 Jpmorgan Equity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jpmorgan Equity Mutual Fund Forecast Pattern

Backtest Jpmorgan Equity  Jpmorgan Equity Price Prediction  Buy or Sell Advice  

Jpmorgan Equity Forecasted Value

In the context of forecasting Jpmorgan Equity'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. Jpmorgan Equity's downside and upside margins for the forecasting period are 24.46 and 27.54, respectively. We have considered Jpmorgan Equity'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
25.51
26.00
Expected Value
27.54
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 Jpmorgan Equity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Jpmorgan 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.
AICAkaike Information Criteria118.1328
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2783
MAPEMean absolute percentage error0.0118
SAESum of the absolute errors17.2525
This model is not at all useful as a medium-long range forecasting tool of Jpmorgan Equity Income. 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 Jpmorgan Equity. 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 Jpmorgan 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 Jpmorgan Equity Income. 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 Jpmorgan Equity'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.
Hype
Prediction
LowEstimatedHigh
22.9628.9130.45
Details
Intrinsic
Valuation
LowRealHigh
22.9627.7129.25
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.6925.2225.75
Details

Jpmorgan Equity After-Hype Price Density Analysis

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

Jpmorgan Equity Estimiated After-Hype Price Volatility

In the context of predicting Jpmorgan Equity's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Jpmorgan Equity's historical news coverage. Jpmorgan Equity's after-hype downside and upside margins for the prediction period are 22.96 and 30.45, respectively. We have considered Jpmorgan Equity'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
25.51
28.91
After-hype Price
30.45
Upside
Jpmorgan Equity is very steady at this time. Analysis and calculation of next after-hype price of Jpmorgan Equity Income is based on 3 months time horizon.

Jpmorgan Equity Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Jpmorgan Equity is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Jpmorgan Equity 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 Jpmorgan Equity, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.28 
1.54
  3.40 
  0.58 
5 Events / Month
1 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
25.51
28.91
13.33 
12.66  
Notes

Jpmorgan Equity Hype Timeline

Jpmorgan Equity Income is currently traded for 25.51. The entity has historical hype elasticity of 3.4, and average elasticity to hype of competition of 0.58. Jpmorgan is forecasted to increase in value after the next headline, with the price projected to jump to 28.91 or above. The average volatility of media hype impact on the company the price is about 12.66%. The price jump on the next news is projected to be 13.33%, whereas the daily expected return is currently at 0.28%. The volatility of related hype on Jpmorgan Equity is about 74.04%, with the expected price after the next announcement by competition of 26.09. Debt can assist Jpmorgan Equity until it has trouble settling it off, either with new capital or with free cash flow. So, Jpmorgan Equity's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jpmorgan Equity Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jpmorgan to invest in growth at high rates of return. When we think about Jpmorgan Equity's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next forecasted press release will be in about 5 days.
Check out Historical Fundamental Analysis of Jpmorgan Equity to cross-verify your projections.

Jpmorgan Equity Related Hype Analysis

Having access to credible news sources related to Jpmorgan Equity's direct competition is more important than ever and may enhance your ability to predict Jpmorgan Equity's future price movements. Getting to know how Jpmorgan Equity'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 Jpmorgan Equity 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
OIEJXJpmorgan Equity Income 14.25 4 per month 0.32  0.11  1.30 (1.10) 12.55 
LLDYXLord Abbett Short 6.96 7 per month 0.00 (0.51) 0.26 (0.26) 0.78 
CDDRXColumbia Dividend Income(0.16)2 per month 0.33  0.08  1.08 (0.95) 5.84 
CDDYXColumbia Dividend Income(0.06)1 per month 0.43  0.02  0.97 (0.95) 2.63 
MDIZXMfs International Diversification 0.00 0 per month 0.37  0.07  1.08 (0.79) 2.30 
MDIDXMfs International Diversification(0.21)1 per month 0.38  0.05  1.06 (0.81) 2.25 
PTTAXTotal Return Fund 0.02 1 per month 0.18 (0.35) 0.34 (0.34) 0.79 
PTTRXTotal Return Fund 0.00 0 per month 0.17 (0.35) 0.34 (0.34) 0.91 
LOLDXLord Abbett Short 0.00 0 per month 0.00 (0.43) 0.26 (0.26) 0.78 
RBHTXAmerican Funds 2045 0.00 0 per month 0.61 (0.01) 0.94 (1.17) 2.94 

Other Forecasting Options for Jpmorgan Equity

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

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

Jpmorgan Equity Market Strength Events

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

Jpmorgan Equity Risk Indicators

The analysis of Jpmorgan Equity'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 Jpmorgan Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jpmorgan 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 Jpmorgan Equity

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

Jpmorgan Equity financial ratios help investors to determine whether Jpmorgan 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 Jpmorgan with respect to the benefits of owning Jpmorgan Equity security.
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