Meridian Small Mutual Fund Forecast - Naive Prediction

Meridian Small Additional Predictive Modules

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

Meridian Small Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of Meridian Small Cap on the next trading day is expected to be 12.92 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.98.

Meridian Small Mutual Fund Forecast Pattern

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Meridian Small Price Prediction

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Meridian Small Forecasted Value

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 Meridian Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Meridian Small 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. This model is not at all useful as a medium-long range forecasting tool of Meridian Small Cap. 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 Meridian Small. 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 Meridian Small

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Meridian Small Cap. 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 Low Estimated High 11.60 12.62 13.64 Details

Intrinsic Valuation Low Real High 11.47 12.49 13.51 Details

Bollinger Band Projection (param) Low Middle High 12.22 12.47 12.72 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Meridian Small. Your research has to be compared to or analyzed against Meridian Small's peers to derive any actionable benefits. When done correctly, Meridian Small's 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 Meridian Small Cap.

Meridian Small After-Hype Price Prediction Density Analysis

Meridian Small Estimiated After-Hype Price Volatility

Meridian Small Mutual Fund Price Prediction Analysis

Meridian Small Hype Timeline

Meridian Small Cap is now traded for 12.62. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Meridian 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 0.03%. %. The volatility of related hype on Meridian Small is about 438.71%, with the expected price after the next announcement by competition of 12.61. The company last dividend was issued on the 20th of December 2019. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Meridian Small to cross-verify your projections.

Meridian Small Related Hype Analysis

Other Forecasting Options for Meridian Small

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

Meridian Small Related Equities

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Correlation

Meridian Small Market Strength Events

Meridian Small Risk Indicators

Story Coverage note for Meridian Small

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Other Information on Investing in Meridian Mutual Fund