Blackrock Muniholdings Fund Forecast - Simple Regression

MHD Fund  USD 11.79  0.02  0.17%   
The Simple Regression forecasted value of Blackrock Muniholdings Closed on the next trading day is expected to be 11.74 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.87. Blackrock Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Blackrock Muniholdings stock prices and determine the direction of Blackrock Muniholdings Closed's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Blackrock Muniholdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength index (RSI) of Blackrock Muniholdings' share price is at 55. This indicates that the 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 Blackrock Muniholdings, making its price go up or down.

Momentum 55

 Impartial

 
Oversold
 
Overbought
The successful prediction of Blackrock Muniholdings' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Blackrock Muniholdings and does not consider all of the tangible or intangible factors available from Blackrock Muniholdings' fundamental data. We analyze noise-free headlines and recent hype associated with Blackrock Muniholdings Closed, which may create opportunities for some arbitrage if properly timed.
Using Blackrock Muniholdings hype-based prediction, you can estimate the value of Blackrock Muniholdings Closed from the perspective of Blackrock Muniholdings response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Blackrock Muniholdings Closed on the next trading day is expected to be 11.74 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.87.

Blackrock Muniholdings after-hype prediction price

    
  USD 11.79  
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 Blackrock Muniholdings to cross-verify your projections.

Blackrock Muniholdings Additional Predictive Modules

Most predictive techniques to examine Blackrock price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Blackrock using various technical indicators. When you analyze Blackrock 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 Blackrock Muniholdings 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.

Blackrock Muniholdings Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of Blackrock Muniholdings Closed on the next trading day is expected to be 11.74 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.87.
Please note that although there have been many attempts to predict Blackrock 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 Blackrock Muniholdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Blackrock Muniholdings Fund Forecast Pattern

Backtest Blackrock MuniholdingsBlackrock Muniholdings Price PredictionBuy or Sell Advice 

Blackrock Muniholdings Forecasted Value

In the context of forecasting Blackrock Muniholdings' 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. Blackrock Muniholdings' downside and upside margins for the forecasting period are 11.32 and 12.17, respectively. We have considered Blackrock Muniholdings' 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
11.79
11.74
Expected Value
12.17
Upside

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 Blackrock Muniholdings fund data series using in forecasting. Note that when a statistical model is used to represent Blackrock Muniholdings 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 Criteria115.2131
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0786
MAPEMean absolute percentage error0.0068
SAESum of the absolute errors4.8721
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 Blackrock Muniholdings Closed 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 Blackrock Muniholdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blackrock Muniholdings. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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
11.3711.7912.21
Details
Intrinsic
Valuation
LowRealHigh
11.3511.7712.19
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.4011.6911.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blackrock Muniholdings. Your research has to be compared to or analyzed against Blackrock Muniholdings' peers to derive any actionable benefits. When done correctly, Blackrock Muniholdings' 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 Blackrock Muniholdings.

Blackrock Muniholdings After-Hype Price Prediction Density Analysis

As far as predicting the price of Blackrock Muniholdings 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 Blackrock Muniholdings 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 Fund prices, such as prices of Blackrock Muniholdings, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Blackrock Muniholdings Estimiated After-Hype Price Volatility

In the context of predicting Blackrock Muniholdings' fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Blackrock Muniholdings' historical news coverage. Blackrock Muniholdings' after-hype downside and upside margins for the prediction period are 11.37 and 12.21, respectively. We have considered Blackrock Muniholdings' 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
11.79
11.79
After-hype Price
12.21
Upside
Blackrock Muniholdings is very steady at this time. Analysis and calculation of next after-hype price of Blackrock Muniholdings is based on 3 months time horizon.

Blackrock Muniholdings Fund Price Prediction Analysis

Have you ever been surprised when a price of a Fund such as Blackrock Muniholdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Blackrock Muniholdings 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 Blackrock Muniholdings, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
0.43
 0.00  
  0.15 
4 Events / Month
2 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.79
11.79
0.00 
2,150  
Notes

Blackrock Muniholdings Hype Timeline

On the 23rd of January Blackrock Muniholdings is traded for 11.79. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.15. Blackrock is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.02%. %. The volatility of related hype on Blackrock Muniholdings is about 5.66%, with the expected price after the next announcement by competition of 11.64. About 24.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.73. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Blackrock Muniholdings last dividend was issued on the 13th of October 2022. Considering the 90-day investment horizon the next forecasted press release will be in about 4 days.
Check out Historical Fundamental Analysis of Blackrock Muniholdings to cross-verify your projections.

Blackrock Muniholdings Related Hype Analysis

Having access to credible news sources related to Blackrock Muniholdings' direct competition is more important than ever and may enhance your ability to predict Blackrock Muniholdings' future price movements. Getting to know how Blackrock Muniholdings' 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 Blackrock Muniholdings 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
MUJBlackrock Muniholdings New 0.00 0 per month 0.00 (0.02) 0.68 (0.42) 2.30 
MYDBlackrock Muniyield(0.02)1 per month 0.44 (0.21) 0.68 (0.78) 2.49 
DSUBlackrock Debt Strategies(0.02)2 per month 0.23 (0.12) 0.71 (0.58) 1.86 
MVFMunivest Fund(0.02)6 per month 0.00 (0.25) 0.72 (0.85) 2.04 
MQYBlackrock Muniyield Quality(0.05)2 per month 0.34 (0.22) 0.79 (0.62) 1.66 
ALZFXAlger Capital Appreciation(87.15)7 per month 1.33  0.03  2.24 (2.63) 8.01 
NDMONuveen Dynamic Municipal 0.06 1 per month 0.00 (0.21) 1.06 (0.89) 2.49 
MUABlackrock Muniassets Closed 11.39 4 per month 0.66 (0.06) 1.32 (1.24) 4.65 
IFNIndia Closed(0.22)5 per month 0.00 (0.23) 1.48 (1.68) 5.55 
NKXNuveen California Amt 0.02 4 per month 0.58 (0.13) 0.56 (0.78) 3.53 

Other Forecasting Options for Blackrock Muniholdings

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

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

Blackrock Muniholdings Market Strength Events

Market strength indicators help investors to evaluate how Blackrock Muniholdings fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blackrock Muniholdings shares will generate the highest return on investment. By undertsting and applying Blackrock Muniholdings fund market strength indicators, traders can identify Blackrock Muniholdings Closed entry and exit signals to maximize returns.

Blackrock Muniholdings Risk Indicators

The analysis of Blackrock Muniholdings' 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 Blackrock Muniholdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting blackrock 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 Blackrock Muniholdings

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

Blackrock Muniholdings financial ratios help investors to determine whether Blackrock 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 Blackrock with respect to the benefits of owning Blackrock Muniholdings security.
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