Active Bond Mutual Fund Forward View - Triple Exponential Smoothing

TOBAX Fund  USD 9.62  0.02  0.21%   
Active Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Active Bond's share price is at 52. 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 Active Bond, making its price go up or down.

Momentum 52

 Impartial

 
Oversold
 
Overbought
The successful prediction of Active Bond's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Active Bond Fund, which may create opportunities for some arbitrage if properly timed.
Using Active Bond hype-based prediction, you can estimate the value of Active Bond Fund from the perspective of Active Bond response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Active Bond Fund on the next trading day is expected to be 9.62 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.99.

Active Bond after-hype prediction price

    
  USD 9.62  
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 Active Bond to cross-verify your projections.

Active Bond Additional Predictive Modules

Most predictive techniques to examine Active price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Active using various technical indicators. When you analyze Active 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 Active Bond - 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 Active Bond 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 Active Bond price movement. However, neither of these exponential smoothing models address any seasonality of Active Bond Fund.

Active Bond Triple Exponential Smoothing Price Forecast For the 3rd of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Active Bond Fund on the next trading day is expected to be 9.62 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.99.
Please note that although there have been many attempts to predict Active Mutual 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 Active Bond's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Active Bond Mutual Fund Forecast Pattern

Backtest Active Bond  Active Bond Price Prediction  Research Analysis  

Active Bond Forecasted Value

In the context of forecasting Active Bond'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. Active Bond's downside and upside margins for the forecasting period are 9.43 and 9.80, respectively. We have considered Active Bond'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
9.62
9.62
Expected Value
9.80
Upside

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 Active Bond mutual fund data series using in forecasting. Note that when a statistical model is used to represent Active Bond 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0026
MADMean absolute deviation0.0168
MAPEMean absolute percentage error0.0018
SAESum of the absolute errors0.9921
As with simple exponential smoothing, in triple exponential smoothing models past Active Bond 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 Active Bond Fund observations.

Predictive Modules for Active Bond

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Active Bond Fund. 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.
Hype
Prediction
LowEstimatedHigh
9.449.629.80
Details
Intrinsic
Valuation
LowRealHigh
9.439.619.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Active Bond. Your research has to be compared to or analyzed against Active Bond's peers to derive any actionable benefits. When done correctly, Active Bond's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Active Bond Fund.

Active Bond After-Hype Price Density Analysis

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

Active Bond Estimiated After-Hype Price Volatility

In the context of predicting Active Bond's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Active Bond's historical news coverage. Active Bond's after-hype downside and upside margins for the prediction period are 9.44 and 9.80, respectively. We have considered Active Bond'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
9.62
9.62
After-hype Price
9.80
Upside
Active Bond is very steady at this time. Analysis and calculation of next after-hype price of Active Bond Fund is based on 3 months time horizon.

Active Bond Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Active Bond is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Active Bond 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 Active Bond, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
0.18
 0.00  
 0.00  
2 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.62
9.62
0.00 
40.00  
Notes

Active Bond Hype Timeline

Active Bond Fund is at this time traded for 9.62. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Active 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 about 40.0%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.01%. %. The volatility of related hype on Active Bond is about 88.52%, with the expected price after the next announcement by competition of 9.62. Assuming the 90 days horizon the next forecasted press release will be in a few days.
Check out Historical Fundamental Analysis of Active Bond to cross-verify your projections.

Active Bond Related Hype Analysis

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

Other Forecasting Options for Active Bond

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

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

Active Bond Market Strength Events

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

Active Bond Risk Indicators

The analysis of Active Bond'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 Active Bond's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting active 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 Active Bond

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

Active Bond financial ratios help investors to determine whether Active 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 Active with respect to the benefits of owning Active Bond security.
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