Foreign Value Mutual Fund Forward View - Double Exponential Smoothing

VCFVX Fund  USD 14.48  0.09  0.63%   
Foreign Mutual Fund outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Foreign Value's share price is below 20 . This entails 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 Foreign Value's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Foreign Value Fund, which may create opportunities for some arbitrage if properly timed.
Using Foreign Value hype-based prediction, you can estimate the value of Foreign Value Fund from the perspective of Foreign Value response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Foreign Value Fund on the next trading day is expected to be 14.52 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.48.

Foreign Value after-hype prediction price

    
  USD 14.46  
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 Foreign Value to cross-verify your projections.

Foreign Value Additional Predictive Modules

Most predictive techniques to examine Foreign price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Foreign using various technical indicators. When you analyze Foreign 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Foreign Value works best with periods where there are trends or seasonality.

Foreign Value Double Exponential Smoothing Price Forecast For the 6th of February

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Foreign Value Fund on the next trading day is expected to be 14.52 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.48.
Please note that although there have been many attempts to predict Foreign 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 Foreign Value's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Foreign Value Mutual Fund Forecast Pattern

Backtest Foreign Value  Foreign Value Price Prediction  Research Analysis  

Foreign Value Forecasted Value

In the context of forecasting Foreign Value'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. Foreign Value's downside and upside margins for the forecasting period are 13.84 and 15.20, respectively. We have considered Foreign Value'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
14.48
14.52
Expected Value
15.20
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Foreign Value mutual fund data series using in forecasting. Note that when a statistical model is used to represent Foreign Value 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 -0.0166
MADMean absolute deviation0.0747
MAPEMean absolute percentage error0.0056
SAESum of the absolute errors4.4829
When Foreign Value Fund 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 Foreign Value Fund trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Foreign Value observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Foreign Value

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Foreign Value. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foreign Value's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.7814.4615.14
Details
Intrinsic
Valuation
LowRealHigh
13.0315.4716.15
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.5713.5214.48
Details

Foreign Value After-Hype Price Density Analysis

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

Foreign Value Estimiated After-Hype Price Volatility

In the context of predicting Foreign Value's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Foreign Value's historical news coverage. Foreign Value's after-hype downside and upside margins for the prediction period are 13.78 and 15.14, respectively. We have considered Foreign Value'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
14.48
14.46
After-hype Price
15.14
Upside
Foreign Value is very steady at this time. Analysis and calculation of next after-hype price of Foreign Value is based on 3 months time horizon.

Foreign Value Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Foreign Value is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Foreign Value 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 Foreign Value, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.23 
0.68
  0.02 
  0.82 
2 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
14.48
14.46
0.14 
755.56  
Notes

Foreign Value Hype Timeline

Foreign Value is at this time traded for 14.48. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.82. Foreign is anticipated to decline in value after the next headline, with the price expected to drop to 14.46. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -0.14%, whereas the daily expected return is at this time at 0.23%. The volatility of related hype on Foreign Value is about 18.98%, with the expected price after the next announcement by competition of 15.30. The company has Price to Book (P/B) ratio of 1.02. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Foreign Value last dividend was issued on the 10th of March 1970. Assuming the 90 days horizon the next anticipated press release will be in a few days.
Check out Historical Fundamental Analysis of Foreign Value to cross-verify your projections.

Foreign Value Related Hype Analysis

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

Other Forecasting Options for Foreign Value

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

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

Foreign Value Market Strength Events

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

Foreign Value Risk Indicators

The analysis of Foreign Value'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 Foreign Value's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting foreign 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 Foreign Value

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

Foreign Value financial ratios help investors to determine whether Foreign 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 Foreign with respect to the benefits of owning Foreign Value security.
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