Mid-cap Growth Mutual Fund Forecast - Simple Moving Average

MGPIX Fund  USD 115.28  0.27  0.23%   
The Simple Moving Average forecasted value of Mid Cap Growth Profund on the next trading day is expected to be 115.28 with a mean absolute deviation of 1.00 and the sum of the absolute errors of 59.23. Mid-cap Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Mid-cap Growth's share price is below 20 . This indicates that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Mid-cap Growth's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Mid Cap Growth Profund, which may create opportunities for some arbitrage if properly timed.
Using Mid-cap Growth hype-based prediction, you can estimate the value of Mid Cap Growth Profund from the perspective of Mid-cap Growth response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Mid Cap Growth Profund on the next trading day is expected to be 115.28 with a mean absolute deviation of 1.00 and the sum of the absolute errors of 59.23.

Mid-cap Growth after-hype prediction price

    
  USD 115.28  
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 Mid-cap Growth to cross-verify your projections.

Mid-cap Growth Additional Predictive Modules

Most predictive techniques to examine Mid-cap price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mid-cap using various technical indicators. When you analyze Mid-cap 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 two period moving average forecast for Mid-cap Growth is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Mid-cap Growth Simple Moving Average Price Forecast For the 19th of January

Given 90 days horizon, the Simple Moving Average forecasted value of Mid Cap Growth Profund on the next trading day is expected to be 115.28 with a mean absolute deviation of 1.00, mean absolute percentage error of 1.47, and the sum of the absolute errors of 59.23.
Please note that although there have been many attempts to predict Mid-cap 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 Mid-cap Growth's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mid-cap Growth Mutual Fund Forecast Pattern

Backtest Mid-cap GrowthMid-cap Growth Price PredictionBuy or Sell Advice 

Mid-cap Growth Forecasted Value

In the context of forecasting Mid-cap Growth'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. Mid-cap Growth's downside and upside margins for the forecasting period are 114.30 and 116.26, respectively. We have considered Mid-cap Growth'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
115.28
114.30
Downside
115.28
Expected Value
116.26
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Mid-cap Growth mutual fund data series using in forecasting. Note that when a statistical model is used to represent Mid-cap Growth 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 Criteria114.8223
BiasArithmetic mean of the errors -0.2053
MADMean absolute deviation1.004
MAPEMean absolute percentage error0.0093
SAESum of the absolute errors59.235
The simple moving average model is conceptually a linear regression of the current value of Mid Cap Growth Profund price series against current and previous (unobserved) value of Mid-cap Growth. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Mid-cap Growth

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mid Cap Growth. 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
114.30115.28116.26
Details
Intrinsic
Valuation
LowRealHigh
98.1699.14126.81
Details

Other Forecasting Options for Mid-cap Growth

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

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

Mid Cap Growth Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Mid-cap Growth's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Mid-cap Growth's current price.

Mid-cap Growth Market Strength Events

Market strength indicators help investors to evaluate how Mid-cap Growth 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 Mid-cap Growth shares will generate the highest return on investment. By undertsting and applying Mid-cap Growth mutual fund market strength indicators, traders can identify Mid Cap Growth Profund entry and exit signals to maximize returns.

Mid-cap Growth Risk Indicators

The analysis of Mid-cap Growth'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 Mid-cap Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mid-cap 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Mid-cap Mutual Fund

Mid-cap Growth financial ratios help investors to determine whether Mid-cap 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 Mid-cap with respect to the benefits of owning Mid-cap Growth security.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets