1290 Multi Mutual Fund Forecast - Naive Prediction
| TNMAX Fund | USD 10.89 0.04 0.37% |
1290 Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of 1290 Multi's share price is above 70 at this time. This usually implies that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling 1290, making its price go up or down. Momentum 70
Buy Stretched
Oversold | Overbought |
Using 1290 Multi hype-based prediction, you can estimate the value of 1290 Multi Alternative Strategies from the perspective of 1290 Multi response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of 1290 Multi Alternative Strategies on the next trading day is expected to be 10.95 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.43. 1290 Multi after-hype prediction price | USD 10.89 |
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.
1290 |
1290 Multi Additional Predictive Modules
Most predictive techniques to examine 1290 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for 1290 using various technical indicators. When you analyze 1290 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 |
1290 Multi Naive Prediction Price Forecast For the 28th of January
Given 90 days horizon, the Naive Prediction forecasted value of 1290 Multi Alternative Strategies on the next trading day is expected to be 10.95 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.43.Please note that although there have been many attempts to predict 1290 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 1290 Multi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
1290 Multi Mutual Fund Forecast Pattern
| Backtest 1290 Multi | 1290 Multi Price Prediction | Buy or Sell Advice |
1290 Multi Forecasted Value
In the context of forecasting 1290 Multi'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. 1290 Multi's downside and upside margins for the forecasting period are 10.54 and 11.37, respectively. We have considered 1290 Multi'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of 1290 Multi mutual fund data series using in forecasting. Note that when a statistical model is used to represent 1290 Multi 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 | 112.2095 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0399 |
| MAPE | Mean absolute percentage error | 0.0038 |
| SAE | Sum of the absolute errors | 2.4342 |
Predictive Modules for 1290 Multi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1290 Multi Alternative. 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.1290 Multi After-Hype Price Density Analysis
As far as predicting the price of 1290 Multi 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 1290 Multi 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 1290 Multi, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
1290 Multi Estimiated After-Hype Price Volatility
In the context of predicting 1290 Multi's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on 1290 Multi's historical news coverage. 1290 Multi's after-hype downside and upside margins for the prediction period are 10.48 and 11.30, respectively. We have considered 1290 Multi'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
1290 Multi is very steady at this time. Analysis and calculation of next after-hype price of 1290 Multi Alternative is based on 3 months time horizon.
1290 Multi Mutual Fund Price Outlook Analysis
Have you ever been surprised when a price of a Mutual Fund such as 1290 Multi is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 1290 Multi 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 1290 Multi, 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 |
0.09 | 0.42 | 0.00 | 0.02 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
10.89 | 10.89 | 0.00 |
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1290 Multi Hype Timeline
1290 Multi Alternative is at this time traded for 10.89. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.02. 1290 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 insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.09%. %. The volatility of related hype on 1290 Multi is about 204.88%, with the expected price after the next announcement by competition of 10.91. The company has price-to-book ratio of 1.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. 1290 Multi Alternative last dividend was issued on the 13th of December 1970. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of 1290 Multi to cross-verify your projections.1290 Multi Related Hype Analysis
Having access to credible news sources related to 1290 Multi's direct competition is more important than ever and may enhance your ability to predict 1290 Multi's future price movements. Getting to know how 1290 Multi'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 1290 Multi may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BIDPX | Ishares Municipal Bond | 0.00 | 0 per month | 0.00 | (0.71) | 0.27 | (0.09) | 0.64 | |
| PCMNX | Pace Municipal Fixed | 0.00 | 0 per month | 0.00 | (0.79) | 0.08 | (0.16) | 0.48 | |
| PRFHX | T Rowe Price | 0.00 | 1 per month | 0.00 | (0.49) | 0.27 | (0.18) | 0.81 | |
| NNCCX | Nuveen Intermediate Duration | 1.22 | 1 per month | 0.00 | (0.74) | 0.11 | (0.11) | 0.45 | |
| WTABX | Wilmington Municipal Bond | 0.01 | 2 per month | 0.00 | (0.82) | 0.08 | (0.08) | 0.48 | |
| BMBSX | Baird Quality Intermediate | 0.00 | 0 per month | 0.00 | (1.10) | 0.09 | (0.09) | 0.26 |
Other Forecasting Options for 1290 Multi
For every potential investor in 1290, whether a beginner or expert, 1290 Multi's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1290 Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1290. Basic forecasting techniques help filter out the noise by identifying 1290 Multi's price trends.1290 Multi 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 1290 Multi mutual fund to make a market-neutral strategy. Peer analysis of 1290 Multi could also be used in its relative valuation, which is a method of valuing 1290 Multi by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
1290 Multi Market Strength Events
Market strength indicators help investors to evaluate how 1290 Multi 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 1290 Multi shares will generate the highest return on investment. By undertsting and applying 1290 Multi mutual fund market strength indicators, traders can identify 1290 Multi Alternative Strategies entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.89 | |||
| Day Typical Price | 10.89 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.04 | |||
| Relative Strength Index | 70.83 |
1290 Multi Risk Indicators
The analysis of 1290 Multi'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 1290 Multi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 1290 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 | 0.3297 | |||
| Semi Deviation | 0.3322 | |||
| Standard Deviation | 0.4209 | |||
| Variance | 0.1771 | |||
| Downside Variance | 0.245 | |||
| Semi Variance | 0.1104 | |||
| Expected Short fall | (0.37) |
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 1290 Multi
The number of cover stories for 1290 Multi depends on current market conditions and 1290 Multi's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that 1290 Multi 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 1290 Multi'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 1290 Mutual Fund
1290 Multi financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Multi security.
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