Guggenheim Multi-hedge Mutual Fund Forecast - Simple Regression

RYMSX Fund  USD 23.08  0.11  0.48%   
The Simple Regression forecasted value of Guggenheim Multi Hedge Strategies on the next trading day is expected to be 23.18 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.56. Guggenheim Mutual Fund Forecast is based on your current time horizon.
At this time, The relative strength index (RSI) of Guggenheim Multi-hedge's share price is at 54 indicating that the mutual fund is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Guggenheim Multi-hedge, making its price go up or down.

Momentum 54

 Impartial

 
Oversold
 
Overbought
The successful prediction of Guggenheim Multi-hedge's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Guggenheim Multi Hedge Strategies, which may create opportunities for some arbitrage if properly timed.
Using Guggenheim Multi-hedge hype-based prediction, you can estimate the value of Guggenheim Multi Hedge Strategies from the perspective of Guggenheim Multi-hedge response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Guggenheim Multi Hedge Strategies on the next trading day is expected to be 23.18 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.56.

Guggenheim Multi-hedge after-hype prediction price

    
  USD 23.08  
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 Guggenheim Multi-hedge to cross-verify your projections.

Guggenheim Multi-hedge Additional Predictive Modules

Most predictive techniques to examine Guggenheim price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Guggenheim using various technical indicators. When you analyze Guggenheim 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Guggenheim Multi-hedge price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Guggenheim Multi-hedge Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of Guggenheim Multi Hedge Strategies on the next trading day is expected to be 23.18 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.56.
Please note that although there have been many attempts to predict Guggenheim 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 Guggenheim Multi-hedge's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Guggenheim Multi-hedge Mutual Fund Forecast Pattern

Backtest Guggenheim Multi-hedgeGuggenheim Multi-hedge Price PredictionBuy or Sell Advice 

Guggenheim Multi-hedge Forecasted Value

In the context of forecasting Guggenheim Multi-hedge'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. Guggenheim Multi-hedge's downside and upside margins for the forecasting period are 22.90 and 23.46, respectively. We have considered Guggenheim Multi-hedge'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
23.08
23.18
Expected Value
23.46
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Guggenheim Multi-hedge mutual fund data series using in forecasting. Note that when a statistical model is used to represent Guggenheim Multi-hedge 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 Criteria115.2111
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0735
MAPEMean absolute percentage error0.0032
SAESum of the absolute errors4.5593
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Guggenheim Multi Hedge Strategies historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Guggenheim Multi-hedge

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guggenheim Multi Hedge. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guggenheim Multi-hedge's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
22.8023.0823.36
Details
Intrinsic
Valuation
LowRealHigh
22.7423.0223.30
Details
Bollinger
Band Projection (param)
LowMiddleHigh
22.9223.0823.24
Details

Guggenheim Multi-hedge After-Hype Price Prediction Density Analysis

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

Guggenheim Multi-hedge Estimiated After-Hype Price Volatility

In the context of predicting Guggenheim Multi-hedge's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Guggenheim Multi-hedge's historical news coverage. Guggenheim Multi-hedge's after-hype downside and upside margins for the prediction period are 22.80 and 23.36, respectively. We have considered Guggenheim Multi-hedge'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
23.08
23.08
After-hype Price
23.36
Upside
Guggenheim Multi-hedge is very steady at this time. Analysis and calculation of next after-hype price of Guggenheim Multi Hedge is based on 3 months time horizon.

Guggenheim Multi-hedge Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Guggenheim Multi-hedge is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Guggenheim Multi-hedge 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 Guggenheim Multi-hedge, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
0.28
 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
23.08
23.08
0.00 
0.00  
Notes

Guggenheim Multi-hedge Hype Timeline

Guggenheim Multi Hedge is at this time traded for 23.08. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Guggenheim is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.03%. %. The volatility of related hype on Guggenheim Multi-hedge is about 9333.33%, with the expected price after the next announcement by competition of 23.08. The company last dividend was issued on the 12th of December 1970. Assuming the 90 days horizon the next projected press release will be within a week.
Check out Historical Fundamental Analysis of Guggenheim Multi-hedge to cross-verify your projections.

Guggenheim Multi-hedge Related Hype Analysis

Having access to credible news sources related to Guggenheim Multi-hedge's direct competition is more important than ever and may enhance your ability to predict Guggenheim Multi-hedge's future price movements. Getting to know how Guggenheim Multi-hedge'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 Guggenheim Multi-hedge may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
EMQIXAshmore Emerging Markets 0.00 0 per month 0.52  0.06  1.70 (1.08) 3.84 
EMQAXAshmore Emerging Markets 0.00 0 per month 0.54  0.04  1.72 (1.09) 3.89 
XOEFiShares Trust(0.15)1 per month 0.65  0.02  1.36 (1.15) 3.00 
WESRXTeton Vertible Securities 0.12 2 per month 1.00  0.04  1.75 (1.77) 8.76 
HNRGXHennessy Bp Energy 0.00 0 per month 0.83  0.13  2.19 (1.48) 5.75 
RYLIXLeisure Fund Investor 0.00 0 per month 0.00 (0.13) 1.20 (1.45) 4.01 
FOVAXFirst Trustconfluence Small 0.00 0 per month 0.71  0.02  2.28 (1.42) 4.88 
RYFIXFinancial Services Fund 0.00 0 per month 0.88 (0.07) 1.23 (1.61) 4.22 
RYLCXLeisure Fund Class 0.00 0 per month 0.00 (0.13) 1.20 (1.46) 4.02 
HBFBXHennessy Balanced Fund 0.00 0 per month 0.14 (0.08) 0.63 (0.48) 1.92 

Other Forecasting Options for Guggenheim Multi-hedge

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

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

Guggenheim Multi-hedge Market Strength Events

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

Guggenheim Multi-hedge Risk Indicators

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

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

Other Macroaxis Stories

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Other Information on Investing in Guggenheim Mutual Fund

Guggenheim Multi-hedge financial ratios help investors to determine whether Guggenheim 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 Guggenheim with respect to the benefits of owning Guggenheim Multi-hedge security.
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