Union Street Mutual Fund Forecast - Naive Prediction

Union Street Additional Predictive Modules

Most predictive techniques to examine Union price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Union using various technical indicators. When you analyze Union 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 Union Street is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Union Street Partners 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.

Union Street Naive Prediction Price Forecast For the 23rd of January

Given 90 days horizon, the Naive Prediction forecasted value of Union Street Partners on the next trading day is expected to be 34.28 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.12, and the sum of the absolute errors of 16.83.

Union Street Mutual Fund Forecast Pattern

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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 Union Street mutual fund data series using in forecasting. Note that when a statistical model is used to represent Union Street 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. This model is not at all useful as a medium-long range forecasting tool of Union Street Partners. 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 Union Street. 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 Union Street

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Union Street Partners. 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 Low Estimated High 33.33 34.12 34.91 Details

Intrinsic Valuation Low Real High 32.96 33.75 34.54 Details

Bollinger Band Projection (param) Low Middle High 33.15 33.98 34.81 Details

Union Street After-Hype Price Prediction Density Analysis

Union Street Estimiated After-Hype Price Volatility

Union Street Mutual Fund Price Prediction Analysis

Union Street Hype Timeline

Union Street Partners is at this time traded for 34.12. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Union is anticipated 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 anticipated to be very small, whereas the daily expected return is at this time at 0.09%. %. The volatility of related hype on Union Street is about 23700.0%, with the expected price after the next announcement by competition of 34.12. The company has Price to Book (P/B) ratio of 1.7. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Union Street Partners last dividend was issued on the 20th of March 1970. Assuming the 90 days horizon the next anticipated press release will be any time. Check out Historical Fundamental Analysis of Union Street to cross-verify your projections.

Union Street Related Hype Analysis

Other Forecasting Options for Union Street

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

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