Short-term Fund Mutual Fund Forecast - Naive Prediction

PTSHX Fund  USD 9.68  0.00  0.00%   
The Naive Prediction forecasted value of Short Term Fund Institutional on the next trading day is expected to be 9.67 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.38. Short-term Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Short-term Fund's share price is above 70 at this time indicating that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Short-term, making its price go up or down.

Momentum 74

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Short-term Fund's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Short Term Fund Institutional, which may create opportunities for some arbitrage if properly timed.
Using Short-term Fund hype-based prediction, you can estimate the value of Short Term Fund Institutional from the perspective of Short-term Fund response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Short Term Fund Institutional on the next trading day is expected to be 9.67 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.38.

Short-term Fund after-hype prediction price

    
  USD 9.68  
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 Short-term Fund to cross-verify your projections.

Short-term Fund Additional Predictive Modules

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

Short-term Fund Naive Prediction Price Forecast For the 10th of January

Given 90 days horizon, the Naive Prediction forecasted value of Short Term Fund Institutional on the next trading day is expected to be 9.67 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.00007, and the sum of the absolute errors of 0.38.
Please note that although there have been many attempts to predict Short-term 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 Short-term Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Short-term Fund Mutual Fund Forecast Pattern

Backtest Short-term FundShort-term Fund Price PredictionBuy or Sell Advice 

Short-term Fund Forecasted Value

In the context of forecasting Short-term Fund'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. Short-term Fund's downside and upside margins for the forecasting period are 9.60 and 9.75, respectively. We have considered Short-term Fund'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
9.68
9.67
Expected Value
9.75
Upside

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 Short-term Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Short-term Fund 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 Criteria108.5461
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0063
MAPEMean absolute percentage error6.0E-4
SAESum of the absolute errors0.3825
This model is not at all useful as a medium-long range forecasting tool of Short Term Fund Institutional. 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 Short-term Fund. 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 Short-term Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Short Term 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
9.609.689.76
Details
Intrinsic
Valuation
LowRealHigh
9.549.629.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Short-term Fund. Your research has to be compared to or analyzed against Short-term Fund's peers to derive any actionable benefits. When done correctly, Short-term Fund'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 Short Term Fund.

Other Forecasting Options for Short-term Fund

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

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

Short Term Fund 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 Short-term Fund'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 Short-term Fund's current price.

Short-term Fund Market Strength Events

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

Short-term Fund Risk Indicators

The analysis of Short-term Fund'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 Short-term Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting short-term 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 Short-term Mutual Fund

Short-term Fund financial ratios help investors to determine whether Short-term 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 Short-term with respect to the benefits of owning Short-term Fund security.
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