Pimco Emerging Mutual Fund Forecast - Simple Exponential Smoothing

PEMIX Fund  USD 9.35  0.02  0.21%   
The Simple Exponential Smoothing forecasted value of Pimco Emerging Markets on the next trading day is expected to be 9.35 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.48. Pimco Mutual Fund Forecast is based on your current time horizon.
At this time, The relative strength index (RSI) of Pimco Emerging's share price is at 59 indicating that the mutual 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 Pimco Emerging, making its price go up or down.

Momentum 59

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Pimco Emerging's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Pimco Emerging Markets, which may create opportunities for some arbitrage if properly timed.
Using Pimco Emerging hype-based prediction, you can estimate the value of Pimco Emerging Markets from the perspective of Pimco Emerging response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Pimco Emerging Markets on the next trading day is expected to be 9.35 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.48.

Pimco Emerging after-hype prediction price

    
  USD 9.35  
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 Pimco Emerging to cross-verify your projections.

Pimco Emerging Additional Predictive Modules

Most predictive techniques to examine Pimco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pimco using various technical indicators. When you analyze Pimco 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.
Pimco Emerging 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 Pimco Emerging Markets are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Pimco Emerging Markets prices get older.

Pimco Emerging Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Pimco Emerging Markets on the next trading day is expected to be 9.35 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.48.
Please note that although there have been many attempts to predict Pimco 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 Pimco Emerging's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pimco Emerging Mutual Fund Forecast Pattern

Backtest Pimco EmergingPimco Emerging Price PredictionBuy or Sell Advice 

Pimco Emerging Forecasted Value

In the context of forecasting Pimco Emerging'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. Pimco Emerging's downside and upside margins for the forecasting period are 9.21 and 9.49, respectively. We have considered Pimco Emerging'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
9.35
9.35
Expected Value
9.49
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 Pimco Emerging mutual fund data series using in forecasting. Note that when a statistical model is used to represent Pimco Emerging 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 Criteria107.5929
BiasArithmetic mean of the errors -0.002
MADMean absolute deviation0.008
MAPEMean absolute percentage error9.0E-4
SAESum of the absolute errors0.48
This simple exponential smoothing model begins by setting Pimco Emerging Markets forecast for the second period equal to the observation of the first period. In other words, recent Pimco Emerging observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Pimco Emerging

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pimco Emerging Markets. 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
9.219.359.49
Details
Intrinsic
Valuation
LowRealHigh
8.458.5910.29
Details

Pimco Emerging After-Hype Price Prediction Density Analysis

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

Pimco Emerging Estimiated After-Hype Price Volatility

In the context of predicting Pimco Emerging's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Pimco Emerging's historical news coverage. Pimco Emerging's after-hype downside and upside margins for the prediction period are 9.21 and 9.49, respectively. We have considered Pimco Emerging'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
9.35
9.35
After-hype Price
9.49
Upside
Pimco Emerging is very steady at this time. Analysis and calculation of next after-hype price of Pimco Emerging Markets is based on 3 months time horizon.

Pimco Emerging Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Pimco Emerging is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pimco Emerging 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 Pimco Emerging, 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 
0.14
 0.00  
  0.10 
0 Events / Month
1 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.35
9.35
0.00 
0.00  
Notes

Pimco Emerging Hype Timeline

Pimco Emerging Markets is at this time traded for 9.35. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.1. Pimco 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 at this time at 0.02%. %. The volatility of related hype on Pimco Emerging is about 2.83%, with the expected price after the next announcement by competition of 9.25. Assuming the 90 days horizon the next forecasted press release will be within a week.
Check out Historical Fundamental Analysis of Pimco Emerging to cross-verify your projections.

Pimco Emerging Related Hype Analysis

Having access to credible news sources related to Pimco Emerging's direct competition is more important than ever and may enhance your ability to predict Pimco Emerging's future price movements. Getting to know how Pimco Emerging'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 Pimco Emerging may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Pimco Emerging

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

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

Pimco Emerging Market Strength Events

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

Pimco Emerging Risk Indicators

The analysis of Pimco Emerging'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 Pimco Emerging's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pimco 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 Pimco Emerging

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