Midas Special Mutual Fund Forward View - Simple Regression
| MISEX Fund | USD 42.15 1.03 2.50% |
Midas Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Midas Special's share price is above 70 at this time. This indicates that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Midas, making its price go up or down. Momentum 70
Buy Stretched
Oversold | Overbought |
Using Midas Special hype-based prediction, you can estimate the value of Midas Special Fund from the perspective of Midas Special response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Midas Special Fund on the next trading day is expected to be 44.20 with a mean absolute deviation of 1.37 and the sum of the absolute errors of 83.68. Midas Special after-hype prediction price | USD 42.15 |
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.
Midas |
Midas Special Additional Predictive Modules
Most predictive techniques to examine Midas price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Midas using various technical indicators. When you analyze Midas 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Midas Special Simple Regression Price Forecast For the 23rd of February
Given 90 days horizon, the Simple Regression forecasted value of Midas Special Fund on the next trading day is expected to be 44.20 with a mean absolute deviation of 1.37, mean absolute percentage error of 2.44, and the sum of the absolute errors of 83.68.Please note that although there have been many attempts to predict Midas 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 Midas Special's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Midas Special Mutual Fund Forecast Pattern
| Backtest Midas Special | Midas Special Price Prediction | Research Analysis |
Midas Special Forecasted Value
In the context of forecasting Midas Special'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. Midas Special's downside and upside margins for the forecasting period are 42.64 and 45.76, respectively. We have considered Midas Special'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.
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 Midas Special mutual fund data series using in forecasting. Note that when a statistical model is used to represent Midas Special 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.| AIC | Akaike Information Criteria | 119.003 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.3718 |
| MAPE | Mean absolute percentage error | 0.0336 |
| SAE | Sum of the absolute errors | 83.6803 |
Predictive Modules for Midas Special
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Midas Special. 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 Midas Special'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.
Midas Special After-Hype Price Density Analysis
As far as predicting the price of Midas Special 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 Midas Special 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 Midas Special, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Midas Special Estimiated After-Hype Price Volatility
In the context of predicting Midas Special's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Midas Special's historical news coverage. Midas Special's after-hype downside and upside margins for the prediction period are 40.59 and 43.71, respectively. We have considered Midas Special'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
Midas Special is very steady at this time. Analysis and calculation of next after-hype price of Midas Special is based on 3 months time horizon.
Midas Special Mutual Fund Price Outlook Analysis
Have you ever been surprised when a price of a Mutual Fund such as Midas Special is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Midas Special 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 Midas Special, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.22 | 1.56 | 0.00 | 0.01 | 0 Events / Month | 1 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
42.15 | 42.15 | 0.00 |
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Midas Special Hype Timeline
Midas Special is now traded for 42.15. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Midas 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 insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.22%. %. The volatility of related hype on Midas Special is about 2354.72%, with the expected price after the next announcement by competition of 42.16. The company has price-to-book ratio of 1.95. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Midas Special last dividend was issued on the 30th of December 1970. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Midas Special to cross-verify your projections.Midas Special Related Hype Analysis
Having access to credible news sources related to Midas Special's direct competition is more important than ever and may enhance your ability to predict Midas Special's future price movements. Getting to know how Midas Special'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 Midas Special may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PRVBX | Versatile Bond Portfolio | 0.00 | 0 per month | 0.00 | (0.64) | 0.15 | (0.12) | 0.36 | |
| USCBX | California Bond Fund | 0.57 | 1 per month | 0.00 | (0.46) | 0.29 | (0.20) | 0.68 | |
| RGHYX | Rbc Bluebay Global | 0.01 | 1 per month | 0.00 | (0.28) | 0.20 | (0.10) | 1.11 | |
| GOBAX | Legg Mason Bw | (0.04) | 3 per month | 0.19 | (0.08) | 0.55 | (0.45) | 1.64 | |
| PATFX | T Rowe Price | 0.00 | 0 per month | 0.00 | (0.38) | 0.27 | (0.09) | 0.81 | |
| TOHIX | Touchstone Ohio Tax | (0.01) | 1 per month | 0.00 | (0.54) | 0.19 | (0.09) | 0.65 | |
| TTRBX | Ambrus Core Bond | 0.00 | 0 per month | 0.00 | (0.46) | 0.20 | (0.20) | 0.60 | |
| TIMTX | Transamerica Intermediate Muni | 0.00 | 0 per month | 0.00 | (0.46) | 0.19 | (0.09) | 0.56 |
Other Forecasting Options for Midas Special
For every potential investor in Midas, whether a beginner or expert, Midas Special's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Midas Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Midas. Basic forecasting techniques help filter out the noise by identifying Midas Special's price trends.Midas Special 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 Midas Special mutual fund to make a market-neutral strategy. Peer analysis of Midas Special could also be used in its relative valuation, which is a method of valuing Midas Special by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Midas Special Market Strength Events
Market strength indicators help investors to evaluate how Midas Special 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 Midas Special shares will generate the highest return on investment. By undertsting and applying Midas Special mutual fund market strength indicators, traders can identify Midas Special Fund entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 42.15 | |||
| Day Typical Price | 42.15 | |||
| Price Action Indicator | 0.52 | |||
| Period Momentum Indicator | 1.03 | |||
| Relative Strength Index | 70.93 |
Midas Special Risk Indicators
The analysis of Midas Special'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 Midas Special's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting midas 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.
| Mean Deviation | 1.04 | |||
| Semi Deviation | 0.7353 | |||
| Standard Deviation | 1.58 | |||
| Variance | 2.49 | |||
| Downside Variance | 1.03 | |||
| Semi Variance | 0.5406 | |||
| Expected Short fall | (1.24) |
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 Midas Special
The number of cover stories for Midas Special depends on current market conditions and Midas Special's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Midas Special 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 Midas Special'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 Midas Mutual Fund
Midas Special financial ratios help investors to determine whether Midas 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 Midas with respect to the benefits of owning Midas Special security.
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