Redwood Managed Mutual Fund Forecast - Naive Prediction

Redwood Managed Additional Predictive Modules

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

Redwood Managed Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Redwood Managed Volatility on the next trading day is expected to be 11.25 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.66.

Redwood Managed Mutual Fund Forecast Pattern

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Redwood Managed Forecasted Value

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 Redwood Managed mutual fund data series using in forecasting. Note that when a statistical model is used to represent Redwood Managed 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 Redwood Managed Volatility. 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 Redwood Managed. 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 Redwood Managed

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Redwood Managed Vola. 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 11.17 11.26 11.35 Details

Intrinsic Valuation Low Real High 10.25 10.34 12.39 Details

Bollinger Band Projection (param) Low Middle High 11.10 11.19 11.27 Details

Redwood Managed After-Hype Price Prediction Density Analysis

Redwood Managed Estimiated After-Hype Price Volatility

Redwood Managed Mutual Fund Price Prediction Analysis

Redwood Managed Hype Timeline

Redwood Managed Vola is at this time traded for 11.26. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.03. Redwood 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.02%. %. The volatility of related hype on Redwood Managed is about 6.73%, with the expected price after the next announcement by competition of 11.23. The company has price-to-book ratio of 1.42. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Redwood Managed Vola last dividend was issued on the 27th of December 2019. Assuming the 90 days horizon the next forecasted press release will be very soon. Check out Historical Fundamental Analysis of Redwood Managed to cross-verify your projections.

Redwood Managed Related Hype Analysis

Other Forecasting Options for Redwood Managed

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

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