Edge Midcap Mutual Fund Forecast - Naive Prediction

PEDMXDelisted Fund  USD 10.80  0.00  0.00%   
The Naive Prediction forecasted value of Edge Midcap Fund on the next trading day is expected to be 9.36 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 11.22. Edge Mutual Fund Forecast is based on your current time horizon.
At this time, the relative strength index (RSI) of Edge Midcap's share price is approaching 40 indicating that the mutual fund is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Edge Midcap, making its price go up or down.

Momentum 40

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Edge Midcap's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Edge Midcap Fund, which may create opportunities for some arbitrage if properly timed.
Using Edge Midcap hype-based prediction, you can estimate the value of Edge Midcap Fund from the perspective of Edge Midcap response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Edge Midcap Fund on the next trading day is expected to be 9.36 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 11.22.

Edge Midcap after-hype prediction price

    
  USD 10.8  
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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry.

Edge Midcap Additional Predictive Modules

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

Edge Midcap Naive Prediction Price Forecast For the 7th of January

Given 90 days horizon, the Naive Prediction forecasted value of Edge Midcap Fund on the next trading day is expected to be 9.36 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.10, and the sum of the absolute errors of 11.22.
Please note that although there have been many attempts to predict Edge 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 Edge Midcap's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Edge Midcap Mutual Fund Forecast Pattern

Backtest Edge MidcapEdge Midcap Price PredictionBuy or Sell Advice 

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 Edge Midcap mutual fund data series using in forecasting. Note that when a statistical model is used to represent Edge Midcap 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 Criteria115.8259
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1839
MAPEMean absolute percentage error0.0148
SAESum of the absolute errors11.217
This model is not at all useful as a medium-long range forecasting tool of Edge Midcap Fund. 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 Edge Midcap. 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 Edge Midcap

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edge Midcap Fund. 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
10.8010.8010.80
Details
Intrinsic
Valuation
LowRealHigh
10.3010.3011.88
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.7710.8210.86
Details

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

Edge Midcap Market Strength Events

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

Edge Midcap Risk Indicators

The analysis of Edge Midcap'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 Edge Midcap's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edge 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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Other Consideration for investing in Edge Mutual Fund

If you are still planning to invest in Edge Midcap Fund check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Edge Midcap's history and understand the potential risks before investing.
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