Symphony Floating Fund Forward View - Triple Exponential Smoothing

SSF-UN Fund  CAD 6.53  0.00  0.00%   
Symphony Fund outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Symphony Floating stock prices and determine the direction of Symphony Floating Rate's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Symphony Floating's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of today, The relative strength index (RSI) of Symphony Floating's share price is at 59. This usually implies that the 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 Symphony Floating, making its price go up or down.

Momentum 59

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Symphony Floating's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Symphony Floating Rate, which may create opportunities for some arbitrage if properly timed.
Using Symphony Floating hype-based prediction, you can estimate the value of Symphony Floating Rate from the perspective of Symphony Floating response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Symphony Floating Rate on the next trading day is expected to be 6.53 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.31.

Symphony Floating after-hype prediction price

    
  CAD 6.53  
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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in population.

Symphony Floating Additional Predictive Modules

Most predictive techniques to examine Symphony price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Symphony using various technical indicators. When you analyze Symphony 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.
Triple exponential smoothing for Symphony Floating - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Symphony Floating prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Symphony Floating price movement. However, neither of these exponential smoothing models address any seasonality of Symphony Floating Rate.

Symphony Floating Triple Exponential Smoothing Price Forecast For the 21st of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Symphony Floating Rate on the next trading day is expected to be 6.53 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.001, and the sum of the absolute errors of 1.31.
Please note that although there have been many attempts to predict Symphony Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Symphony Floating's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Symphony Floating Fund Forecast Pattern

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Symphony Floating fund data series using in forecasting. Note that when a statistical model is used to represent Symphony Floating 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0036
MADMean absolute deviation0.0221
MAPEMean absolute percentage error0.0035
SAESum of the absolute errors1.3062
As with simple exponential smoothing, in triple exponential smoothing models past Symphony Floating observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Symphony Floating Rate observations.

Predictive Modules for Symphony Floating

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Symphony Floating Rate. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Symphony Floating'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
6.206.536.86
Details
Intrinsic
Valuation
LowRealHigh
5.916.246.57
Details

Symphony Floating Estimiated After-Hype Price Volatility

As far as predicting the price of Symphony Floating 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 Symphony Floating 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 Fund prices, such as prices of Symphony Floating, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Symphony Floating Fund Price Outlook Analysis

Have you ever been surprised when a price of a Fund such as Symphony Floating is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Symphony Floating 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 Symphony Floating, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
0.33
 0.00  
 0.00  
5 Events / Month
0 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.53
6.53
0.00 
3,300  
Notes

Symphony Floating Hype Timeline

Symphony Floating Rate is at this time traded for 6.53on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Symphony 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 0.04%. %. The volatility of related hype on Symphony Floating is about 0.0%, with the expected price after the next announcement by competition of 6.53. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in about 5 days.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in population.

Symphony Floating Related Hype Analysis

Having access to credible news sources related to Symphony Floating's direct competition is more important than ever and may enhance your ability to predict Symphony Floating's future price movements. Getting to know how Symphony Floating'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 Symphony Floating may potentially react to the hype associated with one of its peers.

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

Symphony Floating Market Strength Events

Market strength indicators help investors to evaluate how Symphony Floating fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Symphony Floating shares will generate the highest return on investment. By undertsting and applying Symphony Floating fund market strength indicators, traders can identify Symphony Floating Rate entry and exit signals to maximize returns.

Symphony Floating Risk Indicators

The analysis of Symphony Floating'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 Symphony Floating's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting symphony 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 Symphony Floating

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Other Information on Investing in Symphony Fund

Symphony Floating financial ratios help investors to determine whether Symphony 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 Symphony with respect to the benefits of owning Symphony Floating security.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios