Maine Municipal Mutual Fund Forward View

MEIMX Fund  USD 9.52  0.01  0.11%   
Maine Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Maine Municipal's share price is at 57. This 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 Maine Municipal, making its price go up or down.

Momentum 57

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Maine Municipal's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Maine Municipal Fund, which may create opportunities for some arbitrage if properly timed.
Using Maine Municipal hype-based prediction, you can estimate the value of Maine Municipal Fund from the perspective of Maine Municipal response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Maine Municipal Fund on the next trading day is expected to be 9.56 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.67.

Maine Municipal after-hype prediction price

    
  USD 9.52  
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 Maine Municipal to cross-verify your projections.

Maine Municipal Additional Predictive Modules

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

Maine Municipal Naive Prediction Price Forecast For the 20th of February

Given 90 days horizon, the Naive Prediction forecasted value of Maine Municipal Fund on the next trading day is expected to be 9.56 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.67.
Please note that although there have been many attempts to predict Maine 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 Maine Municipal's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Maine Municipal Mutual Fund Forecast Pattern

Backtest Maine Municipal  Maine Municipal Price Prediction  Research Analysis  

Maine Municipal Forecasted Value

In the context of forecasting Maine Municipal'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. Maine Municipal's downside and upside margins for the forecasting period are 9.46 and 9.66, respectively. We have considered Maine Municipal'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
9.52
9.56
Expected Value
9.66
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 Maine Municipal mutual fund data series using in forecasting. Note that when a statistical model is used to represent Maine Municipal 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 Criteria109.5609
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0111
MAPEMean absolute percentage error0.0012
SAESum of the absolute errors0.6744
This model is not at all useful as a medium-long range forecasting tool of Maine Municipal Fund. 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 Maine Municipal. 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 Maine Municipal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Maine Municipal. 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
9.429.529.62
Details
Intrinsic
Valuation
LowRealHigh
9.409.509.60
Details

Maine Municipal After-Hype Price Density Analysis

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

Maine Municipal Estimiated After-Hype Price Volatility

In the context of predicting Maine Municipal's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Maine Municipal's historical news coverage. Maine Municipal's after-hype downside and upside margins for the prediction period are 9.42 and 9.62, respectively. We have considered Maine Municipal'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
9.52
9.52
After-hype Price
9.62
Upside
Maine Municipal is very steady at this time. Analysis and calculation of next after-hype price of Maine Municipal is based on 3 months time horizon.

Maine Municipal Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Maine Municipal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Maine Municipal 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 Maine Municipal, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
0.10
 0.00  
 0.00  
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.52
9.52
0.00 
0.00  
Notes

Maine Municipal Hype Timeline

Maine Municipal is now traded for 9.52. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Maine is expected 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 expected to be very small, whereas the daily expected return is now at 0.03%. %. The volatility of related hype on Maine Municipal is about 3000.0%, with the expected price after the next announcement by competition of 9.52. Assuming the 90 days horizon the next expected press release will be very soon.
Check out Historical Fundamental Analysis of Maine Municipal to cross-verify your projections.

Maine Municipal Related Hype Analysis

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

Other Forecasting Options for Maine Municipal

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

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

Maine Municipal Market Strength Events

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

Maine Municipal Risk Indicators

The analysis of Maine Municipal'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 Maine Municipal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting maine 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 Maine Municipal

The number of cover stories for Maine Municipal depends on current market conditions and Maine Municipal's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Maine Municipal 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 Maine Municipal's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Other Information on Investing in Maine Mutual Fund

Maine Municipal financial ratios help investors to determine whether Maine 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 Maine with respect to the benefits of owning Maine Municipal security.
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