Thompson Midcap Mutual Fund Forecast - Simple Exponential Smoothing
| THPMX Fund | USD 15.30 0.13 0.84% |
The Simple Exponential Smoothing forecasted value of Thompson Midcap Fund on the next trading day is expected to be 15.30 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 6.00. Thompson Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Thompson Midcap's share price is below 20 . This usually implies 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 |
Using Thompson Midcap hype-based prediction, you can estimate the value of Thompson Midcap Fund from the perspective of Thompson Midcap response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Thompson Midcap Fund on the next trading day is expected to be 15.30 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 6.00. Thompson Midcap after-hype prediction price | USD 15.31 |
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.
Thompson |
Thompson Midcap Additional Predictive Modules
Most predictive techniques to examine Thompson price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Thompson using various technical indicators. When you analyze Thompson 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 |
Thompson Midcap Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Thompson Midcap Fund on the next trading day is expected to be 15.30 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.00.Please note that although there have been many attempts to predict Thompson 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 Thompson Midcap's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Thompson Midcap Mutual Fund Forecast Pattern
| Backtest Thompson Midcap | Thompson Midcap Price Prediction | Buy or Sell Advice |
Thompson Midcap Forecasted Value
In the context of forecasting Thompson Midcap'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. Thompson Midcap's downside and upside margins for the forecasting period are 14.43 and 16.17, respectively. We have considered Thompson Midcap'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Thompson Midcap mutual fund data series using in forecasting. Note that when a statistical model is used to represent Thompson Midcap 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 | 113.9473 |
| Bias | Arithmetic mean of the errors | -0.0197 |
| MAD | Mean absolute deviation | 0.0984 |
| MAPE | Mean absolute percentage error | 0.0068 |
| SAE | Sum of the absolute errors | 6.0 |
Predictive Modules for Thompson Midcap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thompson Midcap. 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.Thompson Midcap After-Hype Price Prediction Density Analysis
As far as predicting the price of Thompson Midcap 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 Thompson Midcap 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 Thompson Midcap, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Thompson Midcap Estimiated After-Hype Price Volatility
In the context of predicting Thompson Midcap's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Thompson Midcap's historical news coverage. Thompson Midcap's after-hype downside and upside margins for the prediction period are 14.44 and 16.18, respectively. We have considered Thompson Midcap'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
Thompson Midcap is very steady at this time. Analysis and calculation of next after-hype price of Thompson Midcap is based on 3 months time horizon.
Thompson Midcap Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Thompson Midcap is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thompson Midcap 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 Thompson Midcap, 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 |
0.14 | 0.87 | 0.01 | 1.17 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
15.30 | 15.31 | 0.07 |
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Thompson Midcap Hype Timeline
Thompson Midcap is at this time traded for 15.30. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 1.17. Thompson is expected to increase in value after the next headline, with the price projected to jump to 15.31 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.07%, whereas the daily expected return is at this time at 0.14%. The volatility of related hype on Thompson Midcap is about 10.38%, with the expected price after the next announcement by competition of 16.47. Assuming the 90 days horizon the next expected press release will be very soon. Check out Historical Fundamental Analysis of Thompson Midcap to cross-verify your projections.Thompson Midcap Related Hype Analysis
Having access to credible news sources related to Thompson Midcap's direct competition is more important than ever and may enhance your ability to predict Thompson Midcap's future price movements. Getting to know how Thompson Midcap'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 Thompson Midcap may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ARRFX | Amg River Road | 31.40 | 3 per month | 0.26 | 0.11 | 1.45 | (1.26) | 14.22 | |
| FQUAX | Amg Fq Long Short | 25.28 | 1 per month | 0.51 | 0.1 | 1.74 | (1.23) | 12.83 | |
| SWYAX | Schwab Target 2010 | 0.00 | 0 per month | 0.24 | (0.21) | 0.46 | (0.46) | 1.37 | |
| MMCFX | Amg Managers Emerging | 0.00 | 0 per month | 0.00 | (0.08) | 1.79 | (1.55) | 4.79 | |
| RPXFX | Riverpark Large Growth | 18.14 | 4 per month | 0.72 | 0.06 | 1.30 | (1.57) | 11.78 | |
| LOGBX | Scharf Balanced Opportunity | 0.00 | 0 per month | 0.42 | 0.05 | 1.02 | (0.89) | 3.89 | |
| TQMVX | T Rowe Price | 0.00 | 0 per month | 0.31 | 0.16 | 1.38 | (1.07) | 4.98 | |
| AGLOX | Ariel Global Fund | 0.00 | 0 per month | 0.00 | 0.11 | 1.35 | (1.03) | 17.42 | |
| FLYCX | Nuveen Large Cap | 6.17 | 6 per month | 0.86 | (0.03) | 1.17 | (1.37) | 3.93 | |
| FLRAX | Nuveen Large Cap | 2.81 | 1 per month | 0.74 | 0.08 | 1.37 | (1.35) | 9.31 |
Other Forecasting Options for Thompson Midcap
For every potential investor in Thompson, whether a beginner or expert, Thompson Midcap's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Thompson Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Thompson. Basic forecasting techniques help filter out the noise by identifying Thompson Midcap's price trends.Thompson Midcap 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 Thompson Midcap mutual fund to make a market-neutral strategy. Peer analysis of Thompson Midcap could also be used in its relative valuation, which is a method of valuing Thompson Midcap by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Thompson Midcap Market Strength Events
Market strength indicators help investors to evaluate how Thompson Midcap 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 Thompson Midcap shares will generate the highest return on investment. By undertsting and applying Thompson Midcap mutual fund market strength indicators, traders can identify Thompson Midcap Fund entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 15.3 | |||
| Day Typical Price | 15.3 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.13) |
Thompson Midcap Risk Indicators
The analysis of Thompson Midcap'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 Thompson Midcap's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thompson 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 | 0.6771 | |||
| Semi Deviation | 0.6056 | |||
| Standard Deviation | 0.8569 | |||
| Variance | 0.7342 | |||
| Downside Variance | 0.6861 | |||
| Semi Variance | 0.3668 | |||
| Expected Short fall | (0.76) |
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 Thompson Midcap
The number of cover stories for Thompson Midcap depends on current market conditions and Thompson Midcap's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Thompson Midcap 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 Thompson Midcap'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 Thompson Mutual Fund
Thompson Midcap financial ratios help investors to determine whether Thompson 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 Thompson with respect to the benefits of owning Thompson Midcap security.
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