Retailing Fund Mutual Fund Forecast - Simple Exponential Smoothing

RYRCX Fund  USD 44.40  0.32  0.72%   
The Simple Exponential Smoothing forecasted value of Retailing Fund Class on the next trading day is expected to be 44.40 with a mean absolute deviation of 0.33 and the sum of the absolute errors of 19.85. Retailing Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Retailing Fund'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
The successful prediction of Retailing Fund's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Retailing Fund Class, which may create opportunities for some arbitrage if properly timed.
Using Retailing Fund hype-based prediction, you can estimate the value of Retailing Fund Class from the perspective of Retailing Fund response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Retailing Fund Class on the next trading day is expected to be 44.40 with a mean absolute deviation of 0.33 and the sum of the absolute errors of 19.85.

Retailing Fund 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 Retailing Fund to cross-verify your projections.

Retailing Fund Additional Predictive Modules

Most predictive techniques to examine Retailing price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Retailing using various technical indicators. When you analyze Retailing 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.
Retailing Fund simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Retailing Fund Class are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Retailing Fund Class prices get older.

Retailing Fund Simple Exponential Smoothing Price Forecast For the 3rd of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Retailing Fund Class on the next trading day is expected to be 44.40 with a mean absolute deviation of 0.33, mean absolute percentage error of 0.19, and the sum of the absolute errors of 19.85.
Please note that although there have been many attempts to predict Retailing 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 Retailing Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Retailing Fund Mutual Fund Forecast Pattern

Backtest Retailing FundRetailing Fund Price PredictionBuy or Sell Advice 

Retailing Fund Forecasted Value

In the context of forecasting Retailing 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. Retailing Fund's downside and upside margins for the forecasting period are 43.40 and 45.40, respectively. We have considered Retailing 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
44.40
44.40
Expected Value
45.40
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Retailing Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Retailing 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 Criteria114.6247
BiasArithmetic mean of the errors 0.0058
MADMean absolute deviation0.3308
MAPEMean absolute percentage error0.0075
SAESum of the absolute errors19.85
This simple exponential smoothing model begins by setting Retailing Fund Class forecast for the second period equal to the observation of the first period. In other words, recent Retailing Fund observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Retailing 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 Retailing Fund Class. 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 Retailing Fund'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
0.000.000.99
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.99
Details
Bollinger
Band Projection (param)
LowMiddleHigh
44.3444.9445.54
Details

Other Forecasting Options for Retailing Fund

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

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

Retailing Fund Class 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 Retailing 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 Retailing Fund's current price.

Retailing Fund Market Strength Events

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

Retailing Fund Risk Indicators

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

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