Royce Premier Mutual Fund Forecast - Simple Moving Average
| RPFFX Fund | USD 10.85 0.17 1.54% |
The Simple Moving Average forecasted value of Royce Premier Fund on the next trading day is expected to be 10.85 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.65. Royce Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Royce Premier'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 |
Using Royce Premier hype-based prediction, you can estimate the value of Royce Premier Fund from the perspective of Royce Premier response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Royce Premier Fund on the next trading day is expected to be 10.85 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.65. Royce Premier after-hype prediction price | USD 10.92 |
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.
Royce |
Royce Premier Additional Predictive Modules
Most predictive techniques to examine Royce price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Royce using various technical indicators. When you analyze Royce 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Royce Premier Simple Moving Average Price Forecast For the 25th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Royce Premier Fund on the next trading day is expected to be 10.85 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.05, and the sum of the absolute errors of 7.65.Please note that although there have been many attempts to predict Royce 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 Royce Premier's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Royce Premier Mutual Fund Forecast Pattern
| Backtest Royce Premier | Royce Premier Price Prediction | Buy or Sell Advice |
Royce Premier Forecasted Value
In the context of forecasting Royce Premier'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. Royce Premier's downside and upside margins for the forecasting period are 8.70 and 13.00, respectively. We have considered Royce Premier'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Royce Premier mutual fund data series using in forecasting. Note that when a statistical model is used to represent Royce Premier 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.| AIC | Akaike Information Criteria | 113.3057 |
| Bias | Arithmetic mean of the errors | -0.0544 |
| MAD | Mean absolute deviation | 0.1274 |
| MAPE | Mean absolute percentage error | 0.0132 |
| SAE | Sum of the absolute errors | 7.645 |
Predictive Modules for Royce Premier
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Royce Premier. 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.Royce Premier After-Hype Price Prediction Density Analysis
As far as predicting the price of Royce Premier 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 Royce Premier 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 Royce Premier, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Royce Premier Estimiated After-Hype Price Volatility
In the context of predicting Royce Premier's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Royce Premier's historical news coverage. Royce Premier's after-hype downside and upside margins for the prediction period are 8.77 and 13.07, respectively. We have considered Royce Premier'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
Royce Premier is not too volatile at this time. Analysis and calculation of next after-hype price of Royce Premier is based on 3 months time horizon.
Royce Premier Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Royce Premier is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Royce Premier 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 Royce Premier, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.38 | 2.15 | 0.07 | 2.44 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.85 | 10.92 | 0.65 |
|
Royce Premier Hype Timeline
Royce Premier is at this time traded for 10.85. The entity has historical hype elasticity of 0.07, and average elasticity to hype of competition of -2.44. Royce is forecasted to increase in value after the next headline, with the price projected to jump to 10.92 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.65%, whereas the daily expected return is at this time at 0.38%. The volatility of related hype on Royce Premier is about 33.51%, with the expected price after the next announcement by competition of 8.41. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Royce Premier to cross-verify your projections.Royce Premier Related Hype Analysis
Having access to credible news sources related to Royce Premier's direct competition is more important than ever and may enhance your ability to predict Royce Premier's future price movements. Getting to know how Royce Premier'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 Royce Premier may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FGTRX | Franklin Growth Allocation | (12.08) | 2 per month | 0.57 | (0.04) | 0.94 | (1.04) | 2.81 | |
| SWYGX | Schwab Target 2040 | 0.00 | 0 per month | 0.50 | (0.05) | 0.87 | (0.90) | 2.42 | |
| RYOFX | Royce Opportunity Fund | 0.00 | 0 per month | 1.04 | 0.12 | 2.60 | (2.53) | 13.60 | |
| BTT | Blackrock Municipal Target | (13.53) | 1 per month | 0.35 | (0.19) | 0.76 | (0.71) | 1.69 | |
| TRSJX | T Rowe Price | 0.00 | 0 per month | 0.59 | 0.02 | 1.06 | (1.10) | 2.76 | |
| WSMDX | William Blair Small Mid | (17.44) | 2 per month | 0.91 | 0.05 | 1.92 | (1.64) | 4.82 | |
| WSMNX | William Blair Small Mid | (14.70) | 1 per month | 0.90 | 0.06 | 1.90 | (1.62) | 5.11 | |
| ACEVX | International Value Fund | 0.00 | 0 per month | 0.30 | 0.19 | 1.29 | (1.03) | 5.43 | |
| SWYEX | Schwab Target 2030 | 0.00 | 0 per month | 0.40 | (0.1) | 0.69 | (0.69) | 1.93 |
Other Forecasting Options for Royce Premier
For every potential investor in Royce, whether a beginner or expert, Royce Premier's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Royce Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Royce. Basic forecasting techniques help filter out the noise by identifying Royce Premier's price trends.Royce Premier 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 Royce Premier mutual fund to make a market-neutral strategy. Peer analysis of Royce Premier could also be used in its relative valuation, which is a method of valuing Royce Premier by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Royce Premier Market Strength Events
Market strength indicators help investors to evaluate how Royce Premier 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 Royce Premier shares will generate the highest return on investment. By undertsting and applying Royce Premier mutual fund market strength indicators, traders can identify Royce Premier Fund entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 10.85 | |||
| Day Typical Price | 10.85 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.17) |
Royce Premier Risk Indicators
The analysis of Royce Premier'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 Royce Premier's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting royce 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.
| Mean Deviation | 1.1 | |||
| Semi Deviation | 0.522 | |||
| Standard Deviation | 2.08 | |||
| Variance | 4.32 | |||
| Downside Variance | 0.9866 | |||
| Semi Variance | 0.2725 | |||
| Expected Short fall | (1.37) |
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 Royce Premier
The number of cover stories for Royce Premier depends on current market conditions and Royce Premier's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Royce Premier 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 Royce Premier'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
Story Categories
Currently Trending Categories
Other Information on Investing in Royce Mutual Fund
Royce Premier financial ratios help investors to determine whether Royce 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 Royce with respect to the benefits of owning Royce Premier security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |