Virtus Kar Mutual Fund Forecast - Simple Exponential Smoothing

PHSKX Fund  USD 39.04  0.44  1.11%   
The Simple Exponential Smoothing forecasted value of Virtus Kar Mid Cap on the next trading day is expected to be 39.04 with a mean absolute deviation of 0.81 and the sum of the absolute errors of 48.37. Virtus Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Virtus Kar's share price is below 20 indicating that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Virtus Kar's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Virtus Kar Mid Cap, which may create opportunities for some arbitrage if properly timed.
Using Virtus Kar hype-based prediction, you can estimate the value of Virtus Kar Mid Cap from the perspective of Virtus Kar response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Virtus Kar Mid Cap on the next trading day is expected to be 39.04 with a mean absolute deviation of 0.81 and the sum of the absolute errors of 48.37.

Virtus Kar after-hype prediction price

    
  USD 39.04  
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 Virtus Kar to cross-verify your projections.

Virtus Kar Additional Predictive Modules

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

Virtus Kar Simple Exponential Smoothing Price Forecast For the 3rd of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Virtus Kar Mid Cap on the next trading day is expected to be 39.04 with a mean absolute deviation of 0.81, mean absolute percentage error of 6.01, and the sum of the absolute errors of 48.37.
Please note that although there have been many attempts to predict Virtus 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 Virtus Kar's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Virtus Kar Mutual Fund Forecast Pattern

Backtest Virtus KarVirtus Kar Price PredictionBuy or Sell Advice 

Virtus Kar Forecasted Value

In the context of forecasting Virtus Kar'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. Virtus Kar's downside and upside margins for the forecasting period are 34.84 and 43.24, respectively. We have considered Virtus Kar'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
39.04
39.04
Expected Value
43.24
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 Virtus Kar mutual fund data series using in forecasting. Note that when a statistical model is used to represent Virtus Kar 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 Criteria118.0656
BiasArithmetic mean of the errors 0.3465
MADMean absolute deviation0.8062
MAPEMean absolute percentage error0.0167
SAESum of the absolute errors48.37
This simple exponential smoothing model begins by setting Virtus Kar Mid Cap forecast for the second period equal to the observation of the first period. In other words, recent Virtus Kar observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Virtus Kar

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus Kar Mid. 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
34.8839.0443.20
Details
Intrinsic
Valuation
LowRealHigh
32.9337.0941.25
Details
Bollinger
Band Projection (param)
LowMiddleHigh
29.7948.9368.07
Details

Other Forecasting Options for Virtus Kar

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

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

Virtus Kar Mid Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Virtus Kar's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Virtus Kar's current price.

Virtus Kar Market Strength Events

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

Virtus Kar Risk Indicators

The analysis of Virtus Kar'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 Virtus Kar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virtus 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.

Other Information on Investing in Virtus Mutual Fund

Virtus Kar financial ratios help investors to determine whether Virtus 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 Virtus with respect to the benefits of owning Virtus Kar security.
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