Allianzgi Nfj Mutual Fund Forecast - Simple Exponential Smoothing

PNBAX Fund  USD 27.48  0.56  2.08%   
The Simple Exponential Smoothing forecasted value of Allianzgi Nfj Large Cap on the next trading day is expected to be 27.48 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 12.51. Allianzgi Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Allianzgi Nfj's mutual fund price is slightly above 64 indicating 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 Allianzgi, making its price go up or down.

Momentum 64

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Allianzgi Nfj's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Allianzgi Nfj Large Cap, which may create opportunities for some arbitrage if properly timed.
Using Allianzgi Nfj hype-based prediction, you can estimate the value of Allianzgi Nfj Large Cap from the perspective of Allianzgi Nfj response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Allianzgi Nfj Large Cap on the next trading day is expected to be 27.48 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 12.51.

Allianzgi Nfj after-hype prediction price

    
  USD 27.48  
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 Allianzgi Nfj to cross-verify your projections.

Allianzgi Nfj Additional Predictive Modules

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

Allianzgi Nfj Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Allianzgi Nfj Large Cap on the next trading day is expected to be 27.48 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.15, and the sum of the absolute errors of 12.51.
Please note that although there have been many attempts to predict Allianzgi 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 Allianzgi Nfj's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Allianzgi Nfj Mutual Fund Forecast Pattern

Backtest Allianzgi NfjAllianzgi Nfj Price PredictionBuy or Sell Advice 

Allianzgi Nfj Forecasted Value

In the context of forecasting Allianzgi Nfj'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. Allianzgi Nfj's downside and upside margins for the forecasting period are 25.91 and 29.05, respectively. We have considered Allianzgi Nfj'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
27.48
27.48
Expected Value
29.05
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 Allianzgi Nfj mutual fund data series using in forecasting. Note that when a statistical model is used to represent Allianzgi Nfj 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 Criteria114.3534
BiasArithmetic mean of the errors -0.0538
MADMean absolute deviation0.2085
MAPEMean absolute percentage error0.0083
SAESum of the absolute errors12.51
This simple exponential smoothing model begins by setting Allianzgi Nfj Large Cap forecast for the second period equal to the observation of the first period. In other words, recent Allianzgi Nfj observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Allianzgi Nfj

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allianzgi Nfj Large. 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
25.9227.4829.04
Details
Intrinsic
Valuation
LowRealHigh
27.4429.0030.56
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25.6626.9828.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Allianzgi Nfj. Your research has to be compared to or analyzed against Allianzgi Nfj's peers to derive any actionable benefits. When done correctly, Allianzgi Nfj'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 Allianzgi Nfj Large.

Allianzgi Nfj After-Hype Price Prediction Density Analysis

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

Allianzgi Nfj Estimiated After-Hype Price Volatility

In the context of predicting Allianzgi Nfj's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Allianzgi Nfj's historical news coverage. Allianzgi Nfj's after-hype downside and upside margins for the prediction period are 25.92 and 29.04, respectively. We have considered Allianzgi Nfj'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
27.48
27.48
After-hype Price
29.04
Upside
Allianzgi Nfj is very steady at this time. Analysis and calculation of next after-hype price of Allianzgi Nfj Large is based on 3 months time horizon.

Allianzgi Nfj Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Allianzgi Nfj is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Allianzgi Nfj 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 Allianzgi Nfj, 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 
1.57
  32.40 
  1.01 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
27.48
27.48
0.00 
1.02  
Notes

Allianzgi Nfj Hype Timeline

Allianzgi Nfj Large is at this time traded for 27.48. The entity has historical hype elasticity of 32.4, and average elasticity to hype of competition of 1.01. Allianzgi 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 about 1.02%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.21%. %. The volatility of related hype on Allianzgi Nfj is about 32.55%, with the expected price after the next announcement by competition of 28.49. The company has price-to-book ratio of 1.85. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Assuming the 90 days horizon the next forecasted press release will be very soon.
Check out Historical Fundamental Analysis of Allianzgi Nfj to cross-verify your projections.

Allianzgi Nfj Related Hype Analysis

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

Other Forecasting Options for Allianzgi Nfj

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

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

Allianzgi Nfj Market Strength Events

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

Allianzgi Nfj Risk Indicators

The analysis of Allianzgi Nfj'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 Allianzgi Nfj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting allianzgi 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 Allianzgi Nfj

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

Allianzgi Nfj financial ratios help investors to determine whether Allianzgi 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 Allianzgi with respect to the benefits of owning Allianzgi Nfj security.
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