Short Small-cap Mutual Fund Forecast - Simple Exponential Smoothing

SHPIX Fund  USD 43.85  0.48  1.08%   
The Simple Exponential Smoothing forecasted value of Short Small Cap Profund on the next trading day is expected to be 43.85 with a mean absolute deviation of 0.51 and the sum of the absolute errors of 30.90. Short Mutual Fund Forecast is based on your current time horizon.
At this time, the relative strength index (RSI) of Short Small-cap's share price is approaching 34. This usually implies that the mutual fund is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Short Small-cap, making its price go up or down.

Momentum 34

 Sell Stretched

 
Oversold
 
Overbought
The successful prediction of Short Small-cap's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Short Small Cap Profund, which may create opportunities for some arbitrage if properly timed.
Using Short Small-cap hype-based prediction, you can estimate the value of Short Small Cap Profund from the perspective of Short Small-cap response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Short Small Cap Profund on the next trading day is expected to be 43.85 with a mean absolute deviation of 0.51 and the sum of the absolute errors of 30.90.

Short Small-cap after-hype prediction price

    
  USD 43.85  
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 Short Small-cap to cross-verify your projections.

Short Small-cap Additional Predictive Modules

Most predictive techniques to examine Short price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Short using various technical indicators. When you analyze Short 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.
Short Small-cap 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 Short Small Cap Profund are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Short Small Cap prices get older.

Short Small-cap Simple Exponential Smoothing Price Forecast For the 10th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Short Small Cap Profund on the next trading day is expected to be 43.85 with a mean absolute deviation of 0.51, mean absolute percentage error of 0.42, and the sum of the absolute errors of 30.90.
Please note that although there have been many attempts to predict Short 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 Short Small-cap's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Short Small-cap Mutual Fund Forecast Pattern

Backtest Short Small-capShort Small-cap Price PredictionBuy or Sell Advice 

Short Small-cap Forecasted Value

In the context of forecasting Short Small-cap'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. Short Small-cap's downside and upside margins for the forecasting period are 42.52 and 45.18, respectively. We have considered Short Small-cap'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
43.85
43.85
Expected Value
45.18
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 Short Small-cap mutual fund data series using in forecasting. Note that when a statistical model is used to represent Short Small-cap 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 Criteria117.2448
BiasArithmetic mean of the errors 0.0823
MADMean absolute deviation0.5066
MAPEMean absolute percentage error0.0105
SAESum of the absolute errors30.9
This simple exponential smoothing model begins by setting Short Small Cap Profund forecast for the second period equal to the observation of the first period. In other words, recent Short Small-cap observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Short Small-cap

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Short Small Cap. 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
42.4943.8545.21
Details
Intrinsic
Valuation
LowRealHigh
39.8641.2248.24
Details
Bollinger
Band Projection (param)
LowMiddleHigh
44.2346.8849.53
Details

Other Forecasting Options for Short Small-cap

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

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

Short Small Cap 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 Short Small-cap'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 Short Small-cap's current price.

Short Small-cap Market Strength Events

Market strength indicators help investors to evaluate how Short Small-cap 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 Short Small-cap shares will generate the highest return on investment. By undertsting and applying Short Small-cap mutual fund market strength indicators, traders can identify Short Small Cap Profund entry and exit signals to maximize returns.

Short Small-cap Risk Indicators

The analysis of Short Small-cap'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 Short Small-cap's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting short 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 Short Mutual Fund

Short Small-cap financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Small-cap security.
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