Multi-asset Growth Mutual Fund Forecast - Naive Prediction

RAZAX Fund  USD 12.08  0.03  0.25%   
Multi-asset Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Multi-asset Growth'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 Multi-asset, making its price go up or down.

Momentum 64

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Multi-asset Growth's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Multi Asset Growth Strategy, which may create opportunities for some arbitrage if properly timed.
Using Multi-asset Growth hype-based prediction, you can estimate the value of Multi Asset Growth Strategy from the perspective of Multi-asset Growth response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Multi Asset Growth Strategy on the next trading day is expected to be 12.04 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.91.

Multi-asset Growth after-hype prediction price

    
  USD 0.0  
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 Multi-asset Growth to cross-verify your projections.

Multi-asset Growth Additional Predictive Modules

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

Multi-asset Growth Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Multi Asset Growth Strategy on the next trading day is expected to be 12.04 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.91.
Please note that although there have been many attempts to predict Multi-asset 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 Multi-asset Growth's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Multi-asset Growth Mutual Fund Forecast Pattern

Backtest Multi-asset Growth  Multi-asset Growth Price Prediction  Buy or Sell Advice  

Multi-asset Growth Forecasted Value

In the context of forecasting Multi-asset Growth'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. Multi-asset Growth's downside and upside margins for the forecasting period are 11.61 and 12.47, respectively. We have considered Multi-asset Growth'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
12.08
12.04
Expected Value
12.47
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 Multi-asset Growth mutual fund data series using in forecasting. Note that when a statistical model is used to represent Multi-asset Growth 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 Criteria112.5503
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0477
MAPEMean absolute percentage error0.0041
SAESum of the absolute errors2.9116
This model is not at all useful as a medium-long range forecasting tool of Multi Asset Growth Strategy. 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 Multi-asset Growth. 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 Multi-asset Growth

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multi Asset Growth. 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
0.000.000.43
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.43
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.7511.9412.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Multi-asset Growth. Your research has to be compared to or analyzed against Multi-asset Growth's peers to derive any actionable benefits. When done correctly, Multi-asset Growth'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 Multi Asset Growth.

Multi-asset Growth After-Hype Price Density Analysis

As far as predicting the price of Multi-asset Growth 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 Multi-asset Growth 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 Multi-asset Growth, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Multi-asset Growth Estimiated After-Hype Price Volatility

In the context of predicting Multi-asset Growth's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Multi-asset Growth's historical news coverage. Multi-asset Growth's after-hype downside and upside margins for the prediction period are 0.00 and 0.43, respectively. We have considered Multi-asset Growth'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
12.08
0.00
After-hype Price
0.43
Upside
Multi-asset Growth is out of control at this time. Analysis and calculation of next after-hype price of Multi Asset Growth is based on 3 months time horizon.

Multi-asset Growth Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Multi-asset Growth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Multi-asset Growth 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 Multi-asset Growth, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
0.43
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
12.08
0.00
0.00 
0.00  
Notes

Multi-asset Growth Hype Timeline

Multi Asset Growth is at this time traded for 12.08. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Multi-asset 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 0.08%. %. The volatility of related hype on Multi-asset Growth is about 3010.0%, with the expected price after the next announcement by competition of 12.08. Assuming the 90 days horizon the next forecasted press release will be within a week.
Check out Historical Fundamental Analysis of Multi-asset Growth to cross-verify your projections.

Multi-asset Growth Related Hype Analysis

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

Other Forecasting Options for Multi-asset Growth

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

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

Multi-asset Growth Market Strength Events

Market strength indicators help investors to evaluate how Multi-asset Growth 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 Multi-asset Growth shares will generate the highest return on investment. By undertsting and applying Multi-asset Growth mutual fund market strength indicators, traders can identify Multi Asset Growth Strategy entry and exit signals to maximize returns.

Multi-asset Growth Risk Indicators

The analysis of Multi-asset Growth'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 Multi-asset Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting multi-asset 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 Multi-asset Growth

The number of cover stories for Multi-asset Growth depends on current market conditions and Multi-asset Growth's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Multi-asset Growth 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 Multi-asset Growth's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Other Information on Investing in Multi-asset Mutual Fund

Multi-asset Growth financial ratios help investors to determine whether Multi-asset 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 Multi-asset with respect to the benefits of owning Multi-asset Growth security.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories