Prospector Opportunity Mutual Fund Forecast - Naive Prediction

Prospector Opportunity Additional Predictive Modules

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

Prospector Opportunity Naive Prediction Price Forecast For the 25th of January

Given 90 days horizon, the Naive Prediction forecasted value of Prospector Opportunity Fund on the next trading day is expected to be 22.08 with a mean absolute deviation of 1.20, mean absolute percentage error of 3.34, and the sum of the absolute errors of 72.96.

Prospector Opportunity Mutual Fund Forecast Pattern

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Prospector Opportunity Price Prediction

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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 Prospector Opportunity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Prospector Opportunity 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. This model is not at all useful as a medium-long range forecasting tool of Prospector Opportunity 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 Prospector Opportunity. 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 Prospector Opportunity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prospector Opportunity. 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 Low Estimated High 11.87 17.77 23.67 Details

Intrinsic Valuation Low Real High 13.31 19.21 25.11 Details

Bollinger Band Projection (param) Low Middle High 12.12 23.35 34.58 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Prospector Opportunity. Your research has to be compared to or analyzed against Prospector Opportunity's peers to derive any actionable benefits. When done correctly, Prospector Opportunity'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 Prospector Opportunity.

Prospector Opportunity After-Hype Price Prediction Density Analysis

Prospector Opportunity Estimiated After-Hype Price Volatility

Prospector Opportunity Mutual Fund Price Prediction Analysis

Prospector Opportunity Hype Timeline

Prospector Opportunity is at this time traded for 17.77. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Prospector 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 -0.83%. %. The volatility of related hype on Prospector Opportunity is about 0.0%, with the expected price after the next announcement by competition of 17.77. The company has price-to-book ratio of 1.56. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Prospector Opportunity last dividend was issued on the 4th of December 1970. Assuming the 90 days horizon the next forecasted press release will be within a week. 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 price.

Prospector Opportunity Related Hype Analysis

Prospector Opportunity Related Equities

Risk & Return

Correlation

Prospector Opportunity Market Strength Events

Prospector Opportunity Risk Indicators

Story Coverage note for Prospector Opportunity

Other Macroaxis Stories

Other Information on Investing in Prospector Mutual Fund