Needham Aggressive Mutual Fund Forward View - Simple Exponential Smoothing

NEAIX Fund  USD 68.86  0.48  0.70%   
Needham Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Needham Aggressive's mutual fund price is slightly above 64. This indicates that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Needham, making its price go up or down.

Momentum 64

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Needham Aggressive's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Needham Aggressive Growth, which may create opportunities for some arbitrage if properly timed.
Using Needham Aggressive hype-based prediction, you can estimate the value of Needham Aggressive Growth from the perspective of Needham Aggressive response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Needham Aggressive Growth on the next trading day is expected to be 68.86 with a mean absolute deviation of 0.70 and the sum of the absolute errors of 42.76.

Needham Aggressive after-hype prediction price

    
  USD 68.81  
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 Needham Aggressive to cross-verify your projections.

Needham Aggressive Additional Predictive Modules

Most predictive techniques to examine Needham price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Needham using various technical indicators. When you analyze Needham 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.
Needham Aggressive simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Needham Aggressive Growth are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Needham Aggressive Growth prices get older.

Needham Aggressive Simple Exponential Smoothing Price Forecast For the 31st of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Needham Aggressive Growth on the next trading day is expected to be 68.86 with a mean absolute deviation of 0.70, mean absolute percentage error of 0.81, and the sum of the absolute errors of 42.76.
Please note that although there have been many attempts to predict Needham 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 Needham Aggressive's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Needham Aggressive Mutual Fund Forecast Pattern

Backtest Needham Aggressive  Needham Aggressive Price Prediction  Buy or Sell Advice  

Needham Aggressive Forecasted Value

In the context of forecasting Needham Aggressive'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. Needham Aggressive's downside and upside margins for the forecasting period are 67.38 and 70.34, respectively. We have considered Needham Aggressive'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
68.86
68.86
Expected Value
70.34
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Needham Aggressive mutual fund data series using in forecasting. Note that when a statistical model is used to represent Needham Aggressive 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 Criteria117.8959
BiasArithmetic mean of the errors -0.123
MADMean absolute deviation0.701
MAPEMean absolute percentage error0.0115
SAESum of the absolute errors42.76
This simple exponential smoothing model begins by setting Needham Aggressive Growth forecast for the second period equal to the observation of the first period. In other words, recent Needham Aggressive observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Needham Aggressive

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Needham Aggressive 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
67.3368.8170.29
Details
Intrinsic
Valuation
LowRealHigh
61.9774.0275.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
59.8765.3170.75
Details

Needham Aggressive After-Hype Price Density Analysis

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

Needham Aggressive Estimiated After-Hype Price Volatility

In the context of predicting Needham Aggressive's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Needham Aggressive's historical news coverage. Needham Aggressive's after-hype downside and upside margins for the prediction period are 67.33 and 70.29, respectively. We have considered Needham Aggressive'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
68.86
68.81
After-hype Price
70.29
Upside
Needham Aggressive is very steady at this time. Analysis and calculation of next after-hype price of Needham Aggressive Growth is based on 3 months time horizon.

Needham Aggressive Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Needham Aggressive is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Needham Aggressive 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 Needham Aggressive, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.21 
1.48
  0.05 
  2.18 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
68.86
68.81
0.07 
592.00  
Notes

Needham Aggressive Hype Timeline

Needham Aggressive Growth is now traded for 68.86. The entity has historical hype elasticity of -0.05, and average elasticity to hype of competition of 2.18. Needham is forecasted to decline in value after the next headline, with the price expected to drop to 68.81. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -0.07%, whereas the daily expected return is now at 0.21%. The volatility of related hype on Needham Aggressive is about 14.23%, with the expected price after the next announcement by competition of 71.04. The company last dividend was issued on the 8th of November 1970. Assuming the 90 days horizon the next forecasted press release will be very soon.
Check out Historical Fundamental Analysis of Needham Aggressive to cross-verify your projections.

Needham Aggressive Related Hype Analysis

Having access to credible news sources related to Needham Aggressive's direct competition is more important than ever and may enhance your ability to predict Needham Aggressive's future price movements. Getting to know how Needham Aggressive'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 Needham Aggressive 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
TBLWXT Rowe Price 42.94 5 per month 0.36  0.02  0.78 (0.79) 1.92 
TBLGXT Rowe Price 0.00 0 per month 0.41  0.01  0.81 (0.79) 2.00 
GASFXHennessy Gas Utility 0.00 0 per month 0.49  0.10  1.01 (1.10) 11.99 
PABFXPrudential Balanced Fund 36.21 3 per month 0.38 (0) 0.73 (0.87) 2.18 
USAGXPrecious Metals And 0.00 0 per month 1.66  0.24  4.39 (4.08) 10.19 
PEXMXT Rowe Price 0.00 0 per month 0.95  0.02  1.69 (1.78) 3.78 
TIQIXTouchstone Sustainability And 24.75 1 per month 0.58  0.14  1.44 (1.26) 5.24 
ARSIXAmg River Road 0.14 1 per month 0.68 (0.04) 1.56 (1.28) 4.09 
MPIEXMondrian International Value 0.00 0 per month 0.38  0.14  1.22 (1.05) 4.68 
RPGEXT Rowe Price 0.00 0 per month 0.64  0.11  1.28 (1.61) 14.19 

Other Forecasting Options for Needham Aggressive

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

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

Needham Aggressive Market Strength Events

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

Needham Aggressive Risk Indicators

The analysis of Needham Aggressive'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 Needham Aggressive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting needham 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 Needham Aggressive

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

Other Macroaxis Stories

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Other Information on Investing in Needham Mutual Fund

Needham Aggressive financial ratios help investors to determine whether Needham 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 Needham with respect to the benefits of owning Needham Aggressive security.
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