International Equity Mutual Fund Forecast - Simple Exponential Smoothing

TFESX Fund  USD 10.27  0.07  0.69%   
The Simple Exponential Smoothing forecasted value of International Equity Series on the next trading day is expected to be 10.27 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.61. International Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of International Equity's mutual fund price is slightly above 65. This usually implies that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling International, making its price go up or down.

Momentum 65

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of International Equity's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with International Equity Series, which may create opportunities for some arbitrage if properly timed.
Using International Equity hype-based prediction, you can estimate the value of International Equity Series from the perspective of International Equity response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of International Equity Series on the next trading day is expected to be 10.27 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.61.

International Equity after-hype prediction price

    
  USD 10.27  
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 International Equity to cross-verify your projections.

International Equity Additional Predictive Modules

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

International Equity Simple Exponential Smoothing Price Forecast For the 23rd of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of International Equity Series on the next trading day is expected to be 10.27 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.61.
Please note that although there have been many attempts to predict International 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 International Equity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

International Equity Mutual Fund Forecast Pattern

Backtest International EquityInternational Equity Price PredictionBuy or Sell Advice 

International Equity Forecasted Value

In the context of forecasting International Equity'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. International Equity's downside and upside margins for the forecasting period are 9.49 and 11.05, respectively. We have considered International Equity'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
10.27
10.27
Expected Value
11.05
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 International Equity mutual fund data series using in forecasting. Note that when a statistical model is used to represent International Equity 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 Criteria111.1259
BiasArithmetic mean of the errors -0.0125
MADMean absolute deviation0.0602
MAPEMean absolute percentage error0.0062
SAESum of the absolute errors3.61
This simple exponential smoothing model begins by setting International Equity Series forecast for the second period equal to the observation of the first period. In other words, recent International Equity observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for International Equity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Equity. 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 International Equity'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
9.4910.2711.05
Details
Intrinsic
Valuation
LowRealHigh
9.3410.1210.90
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.519.9510.39
Details

International Equity After-Hype Price Prediction Density Analysis

As far as predicting the price of International Equity 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 International Equity 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 International Equity, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

International Equity Estimiated After-Hype Price Volatility

In the context of predicting International Equity's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on International Equity's historical news coverage. International Equity's after-hype downside and upside margins for the prediction period are 9.49 and 11.05, respectively. We have considered International Equity'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
10.27
10.27
After-hype Price
11.05
Upside
International Equity is very steady at this time. Analysis and calculation of next after-hype price of International Equity is based on 3 months time horizon.

International Equity Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as International Equity is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading International Equity 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 International Equity, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.13 
0.78
 0.00  
  0.12 
0 Events / Month
1 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
10.27
10.27
0.00 
0.00  
Notes

International Equity Hype Timeline

International Equity is at this time traded for 10.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.12. International 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 0.13%. %. The volatility of related hype on International Equity is about 87.15%, with the expected price after the next announcement by competition of 10.39. The company has price-to-book ratio of 1.07. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Assuming the 90 days horizon the next projected press release will be within a week.
Check out Historical Fundamental Analysis of International Equity to cross-verify your projections.

International Equity Related Hype Analysis

Having access to credible news sources related to International Equity's direct competition is more important than ever and may enhance your ability to predict International Equity's future price movements. Getting to know how International Equity'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 International Equity 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
TFEQXInternational Equity Series 8.98 3 per month 0.00  0.12  1.50 (1.08) 65.85 
TQMVXT Rowe Price 0.00 0 per month 0.28  0.15  1.38 (1.07) 4.98 
IBUFInnovator ETFs Trust(0.06)1 per month 0.15 (0.19) 0.56 (0.42) 1.29 
MMEYXVictory Integrity Discovery 0.00 0 per month 0.55  0.16  2.78 (1.71) 10.03 
HIMGXHarbor Mid Cap 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
AGLOXAriel Global Fund 0.00 0 per month 0.00  0.11  1.35 (1.03) 17.42 
SWYAXSchwab Target 2010 0.00 0 per month 0.23 (0.28) 0.46 (0.46) 1.37 
ARRFXAmg River Road 0.00 0 per month 0.23  0.1  1.45 (1.26) 14.22 
THPMXThompson Midcap Fund 0.06 1 per month 0.57  0.11  1.65 (1.40) 4.29 
ARDEXAmg River Road(0.03)1 per month 0.00  0.12  1.07 (0.79) 28.27 

Other Forecasting Options for International Equity

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

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

International Equity Market Strength Events

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

International Equity Risk Indicators

The analysis of International Equity'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 International Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting international 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 International Equity

The number of cover stories for International Equity depends on current market conditions and International Equity's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that International Equity 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 International Equity'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 International Mutual Fund

International Equity financial ratios help investors to determine whether International 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 International with respect to the benefits of owning International Equity security.
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