Aim Taxexempt Mutual Fund Forecast - Naive Prediction

IORPX Fund  USD 10.04  0.01  0.1%   
The Naive Prediction forecasted value of Aim Taxexempt Funds on the next trading day is expected to be 10.00 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.54. Aim Mutual Fund Forecast is based on your current time horizon.
At this time, the relative strength index (RSI) of Aim Taxexempt's share price is approaching 47. This usually indicates that the mutual fund is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Aim Taxexempt, making its price go up or down.

Momentum 47

 Impartial

 
Oversold
 
Overbought
The successful prediction of Aim Taxexempt's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Aim Taxexempt Funds, which may create opportunities for some arbitrage if properly timed.
Using Aim Taxexempt hype-based prediction, you can estimate the value of Aim Taxexempt Funds from the perspective of Aim Taxexempt response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Aim Taxexempt Funds on the next trading day is expected to be 10.00 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.54.

Aim Taxexempt after-hype prediction price

    
  USD 0.0  
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 Aim Taxexempt to cross-verify your projections.

Aim Taxexempt Additional Predictive Modules

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

Aim Taxexempt Naive Prediction Price Forecast For the 23rd of January

Given 90 days horizon, the Naive Prediction forecasted value of Aim Taxexempt Funds on the next trading day is expected to be 10.00 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.54.
Please note that although there have been many attempts to predict Aim 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 Aim Taxexempt's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aim Taxexempt Mutual Fund Forecast Pattern

Backtest Aim TaxexemptAim Taxexempt Price PredictionBuy or Sell Advice 

Aim Taxexempt Forecasted Value

In the context of forecasting Aim Taxexempt'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. Aim Taxexempt's downside and upside margins for the forecasting period are 9.86 and 10.14, respectively. We have considered Aim Taxexempt'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
10.04
10.00
Expected Value
10.14
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 Aim Taxexempt mutual fund data series using in forecasting. Note that when a statistical model is used to represent Aim Taxexempt 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 Criteria109.2317
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0089
MAPEMean absolute percentage error9.0E-4
SAESum of the absolute errors0.5403
This model is not at all useful as a medium-long range forecasting tool of Aim Taxexempt Funds. 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 Aim Taxexempt. 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 Aim Taxexempt

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aim Taxexempt Funds. 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
0.000.000.14
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.14
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.9910.0610.13
Details

Aim Taxexempt After-Hype Price Prediction Density Analysis

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

Aim Taxexempt Estimiated After-Hype Price Volatility

In the context of predicting Aim Taxexempt's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Aim Taxexempt's historical news coverage. Aim Taxexempt's after-hype downside and upside margins for the prediction period are 0.00 and 0.14, respectively. We have considered Aim Taxexempt'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
10.04
0.00
After-hype Price
0.14
Upside
Aim Taxexempt is out of control at this time. Analysis and calculation of next after-hype price of Aim Taxexempt Funds is based on 3 months time horizon.

Aim Taxexempt Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Aim Taxexempt is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Aim Taxexempt 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 Aim Taxexempt, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.14
 0.00  
 0.00  
0 Events / Month
1 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
10.04
0.00
0.00 
0.00  
Notes

Aim Taxexempt Hype Timeline

Aim Taxexempt Funds is currently traded for 10.04. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Aim is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Aim Taxexempt is about 85.96%, with the expected price after the next announcement by competition of 10.04. The company last dividend was issued on the 28th of January 1970. Assuming the 90 days horizon the next projected press release will be uncertain.
Check out Historical Fundamental Analysis of Aim Taxexempt to cross-verify your projections.

Aim Taxexempt Related Hype Analysis

Having access to credible news sources related to Aim Taxexempt's direct competition is more important than ever and may enhance your ability to predict Aim Taxexempt's future price movements. Getting to know how Aim Taxexempt'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 Aim Taxexempt may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Aim Taxexempt

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

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

Aim Taxexempt Market Strength Events

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

Aim Taxexempt Risk Indicators

The analysis of Aim Taxexempt'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 Aim Taxexempt's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aim 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 Aim Taxexempt

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

Aim Taxexempt financial ratios help investors to determine whether Aim 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 Aim with respect to the benefits of owning Aim Taxexempt security.
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