Selected American Mutual Fund Forecast - Polynomial Regression
| SLASX Fund | USD 43.25 0.17 0.39% |
Selected Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Selected American's share price is at 57. This usually implies 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 Selected American, making its price go up or down. Momentum 57
Buy Extended
Oversold | Overbought |
Using Selected American hype-based prediction, you can estimate the value of Selected American Shares from the perspective of Selected American response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Selected American Shares on the next trading day is expected to be 43.11 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.64. Selected American after-hype prediction price | USD 43.25 |
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.
Selected |
Selected American Additional Predictive Modules
Most predictive techniques to examine Selected price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Selected using various technical indicators. When you analyze Selected 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 |
Selected American Polynomial Regression Price Forecast For the 30th of January
Given 90 days horizon, the Polynomial Regression forecasted value of Selected American Shares on the next trading day is expected to be 43.11 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.36, and the sum of the absolute errors of 28.64.Please note that although there have been many attempts to predict Selected 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 Selected American's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Selected American Mutual Fund Forecast Pattern
| Backtest Selected American | Selected American Price Prediction | Buy or Sell Advice |
Selected American Forecasted Value
In the context of forecasting Selected American'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. Selected American's downside and upside margins for the forecasting period are 42.18 and 44.04, respectively. We have considered Selected American'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Selected American mutual fund data series using in forecasting. Note that when a statistical model is used to represent Selected American 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 | 117.087 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4695 |
| MAPE | Mean absolute percentage error | 0.0113 |
| SAE | Sum of the absolute errors | 28.6374 |
Predictive Modules for Selected American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Selected American Shares. 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 Selected American'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.
Selected American After-Hype Price Density Analysis
As far as predicting the price of Selected American 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 Selected American 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 Selected American, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Selected American Estimiated After-Hype Price Volatility
In the context of predicting Selected American's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Selected American's historical news coverage. Selected American's after-hype downside and upside margins for the prediction period are 42.32 and 44.18, respectively. We have considered Selected American'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
Selected American is very steady at this time. Analysis and calculation of next after-hype price of Selected American Shares is based on 3 months time horizon.
Selected American Mutual Fund Price Outlook Analysis
Have you ever been surprised when a price of a Mutual Fund such as Selected American is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Selected American 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 Selected American, 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 |
0.11 | 0.93 | 3.61 | 0.10 | 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 | |
43.25 | 43.25 | 0.00 |
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Selected American Hype Timeline
Selected American Shares is at this time traded for 43.25. The entity has historical hype elasticity of -3.61, and average elasticity to hype of competition of -0.1. Selected 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 about 2.84%. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.11%. %. The volatility of related hype on Selected American is about 102.2%, with the expected price after the next announcement by competition of 43.15. The company last dividend was issued on the 12th of December 1970. Assuming the 90 days horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of Selected American to cross-verify your projections.Selected American Related Hype Analysis
Having access to credible news sources related to Selected American's direct competition is more important than ever and may enhance your ability to predict Selected American's future price movements. Getting to know how Selected American'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 Selected American may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TSEMX | Touchstone Sands Capital | 0.11 | 1 per month | 0.68 | 0.03 | 1.55 | (1.22) | 4.34 | |
| LISOX | Lazard International Strategic | 0.00 | 0 per month | 0.50 | 0.06 | 1.05 | (0.94) | 2.45 | |
| PENNX | Royce Pennsylvania Mutual | 0.16 | 1 per month | 0.70 | 0.11 | 2.06 | (1.42) | 9.00 | |
| FSENX | Fidelity Select Portfolios | 0.78 | 1 per month | 0.87 | 0.11 | 2.13 | (1.41) | 4.69 | |
| TDEIX | Transamerica Growth I | 0.00 | 0 per month | 1.25 | (0.05) | 1.55 | (2.11) | 5.33 | |
| TWMIX | Emerging Markets Fund | (0.11) | 1 per month | 0.49 | 0.16 | 1.64 | (1.02) | 3.79 | |
| SFSNX | Schwab Fundamental Small | (10.04) | 1 per month | 0.78 | 0.04 | 2.01 | (1.42) | 4.62 | |
| DIHRX | Intal High Relative | 0.00 | 0 per month | 0.57 | 0.05 | 1.19 | (1.26) | 3.04 | |
| DSCGX | Dfa Small | 0.00 | 0 per month | 0.89 | (0.01) | 1.80 | (1.43) | 4.12 | |
| TADAX | Transamerica Growth A | 0.00 | 0 per month | 1.17 | 0.03 | 1.66 | (2.01) | 5.28 |
Other Forecasting Options for Selected American
For every potential investor in Selected, whether a beginner or expert, Selected American's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Selected Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Selected. Basic forecasting techniques help filter out the noise by identifying Selected American's price trends.Selected American 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 Selected American mutual fund to make a market-neutral strategy. Peer analysis of Selected American could also be used in its relative valuation, which is a method of valuing Selected American by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Selected American Market Strength Events
Market strength indicators help investors to evaluate how Selected American 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 Selected American shares will generate the highest return on investment. By undertsting and applying Selected American mutual fund market strength indicators, traders can identify Selected American Shares entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 43.25 | |||
| Day Typical Price | 43.25 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.17) | |||
| Relative Strength Index | 57.92 |
Selected American Risk Indicators
The analysis of Selected American'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 Selected American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting selected 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 | 0.7094 | |||
| Semi Deviation | 0.9341 | |||
| Standard Deviation | 0.9224 | |||
| Variance | 0.8508 | |||
| Downside Variance | 1.15 | |||
| Semi Variance | 0.8726 | |||
| Expected Short fall | (0.69) |
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 Selected American
The number of cover stories for Selected American depends on current market conditions and Selected American's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Selected American 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 Selected American's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Selected Mutual Fund
Selected American financial ratios help investors to determine whether Selected 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 Selected with respect to the benefits of owning Selected American security.
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