Extended Market Mutual Fund Forecast - Naive Prediction

USMIX Fund  USD 22.46  0.18  0.81%   
The Naive Prediction forecasted value of Extended Market Index on the next trading day is expected to be 22.54 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 13.10. Extended Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Extended Market'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
The successful prediction of Extended Market's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Extended Market Index, which may create opportunities for some arbitrage if properly timed.
Using Extended Market hype-based prediction, you can estimate the value of Extended Market Index from the perspective of Extended Market response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Extended Market Index on the next trading day is expected to be 22.54 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 13.10.

Extended Market after-hype prediction price

    
  USD 19.99  
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 Extended Market to cross-verify your projections.

Extended Market Additional Predictive Modules

Most predictive techniques to examine Extended price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Extended using various technical indicators. When you analyze Extended 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.
A naive forecasting model for Extended Market is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Extended Market Index value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Extended Market Naive Prediction Price Forecast For the 11th of January 2026

Given 90 days horizon, the Naive Prediction forecasted value of Extended Market Index on the next trading day is expected to be 22.54 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.07, and the sum of the absolute errors of 13.10.
Please note that although there have been many attempts to predict Extended 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 Extended Market's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Extended Market Mutual Fund Forecast Pattern

Backtest Extended MarketExtended Market Price PredictionBuy or Sell Advice 

Extended Market Forecasted Value

In the context of forecasting Extended Market'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. Extended Market's downside and upside margins for the forecasting period are 21.41 and 23.66, respectively. We have considered Extended Market'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
22.46
22.54
Expected Value
23.66
Upside

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 Extended Market mutual fund data series using in forecasting. Note that when a statistical model is used to represent Extended Market 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 Criteria117.3071
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2113
MAPEMean absolute percentage error0.0104
SAESum of the absolute errors13.0999
This model is not at all useful as a medium-long range forecasting tool of Extended Market Index. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Extended Market. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Extended Market

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Extended Market Index. 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
18.8619.9924.71
Details
Intrinsic
Valuation
LowRealHigh
20.2124.1425.27
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.9720.9222.88
Details

Other Forecasting Options for Extended Market

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

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

Extended Market Index Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Extended Market's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Extended Market's current price.

Extended Market Market Strength Events

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

Extended Market Risk Indicators

The analysis of Extended Market'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 Extended Market's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting extended 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Extended Mutual Fund

Extended Market financial ratios help investors to determine whether Extended 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 Extended with respect to the benefits of owning Extended Market security.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges