Vela Income Mutual Fund Forecast - Double Exponential Smoothing

VIOAX Fund  USD 10.12  0.09  0.90%   
The Double Exponential Smoothing forecasted value of Vela Income Opportunities on the next trading day is expected to be 10.13 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.96. Vela Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Vela Income'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 Vela Income's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Vela Income Opportunities, which may create opportunities for some arbitrage if properly timed.
Using Vela Income hype-based prediction, you can estimate the value of Vela Income Opportunities from the perspective of Vela Income response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Vela Income Opportunities on the next trading day is expected to be 10.13 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.96.

Vela Income after-hype prediction price

    
  USD 11.11  
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 Vela Income to cross-verify your projections.

Vela Income Additional Predictive Modules

Most predictive techniques to examine Vela price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Vela using various technical indicators. When you analyze Vela 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 Vela Income works best with periods where there are trends or seasonality.

Vela Income Double Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Vela Income Opportunities on the next trading day is expected to be 10.13 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.96.
Please note that although there have been many attempts to predict Vela 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 Vela Income's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Vela Income Mutual Fund Forecast Pattern

Backtest Vela IncomeVela Income Price PredictionBuy or Sell Advice 

Vela Income Forecasted Value

In the context of forecasting Vela Income'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. Vela Income's downside and upside margins for the forecasting period are 9.71 and 10.55, respectively. We have considered Vela Income'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
10.12
10.13
Expected Value
10.55
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 Vela Income mutual fund data series using in forecasting. Note that when a statistical model is used to represent Vela Income 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 0.0058
MADMean absolute deviation0.0333
MAPEMean absolute percentage error0.0034
SAESum of the absolute errors1.9636
When Vela Income Opportunities 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 Vela Income Opportunities 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 Vela Income observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Vela Income

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vela Income Opportunities. 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
9.1111.1111.53
Details
Intrinsic
Valuation
LowRealHigh
9.7610.1810.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.809.9610.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vela Income. Your research has to be compared to or analyzed against Vela Income's peers to derive any actionable benefits. When done correctly, Vela Income'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 Vela Income Opportunities.

Vela Income After-Hype Price Prediction Density Analysis

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

Vela Income Estimiated After-Hype Price Volatility

In the context of predicting Vela Income's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Vela Income's historical news coverage. Vela Income's after-hype downside and upside margins for the prediction period are 9.11 and 11.53, respectively. We have considered Vela Income'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
10.12
11.11
After-hype Price
11.53
Upside
Vela Income is very steady at this time. Analysis and calculation of next after-hype price of Vela Income Opportunities is based on 3 months time horizon.

Vela Income Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Vela Income is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Vela Income 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 Vela Income, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.05 
0.42
  0.99 
  0.07 
3 Events / Month
1 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
10.12
11.11
9.78 
2.11  
Notes

Vela Income Hype Timeline

Vela Income Opportunities is at this time traded for 10.12. The entity has historical hype elasticity of 0.99, and average elasticity to hype of competition of -0.07. Vela is forecasted to increase in value after the next headline, with the price projected to jump to 11.11 or above. The average volatility of media hype impact on the company the price is about 2.11%. The price jump on the next news is projected to be 9.78%, whereas the daily expected return is at this time at 0.05%. The volatility of related hype on Vela Income is about 31.11%, with the expected price after the next announcement by competition of 10.05. Vela Income's management efficiency ratios could be used to measure how well Vela Income manages its routine affairs as well as how well it operates its assets and liabilities. Assuming the 90 days horizon the next forecasted press release will be in about 3 days.
Check out Historical Fundamental Analysis of Vela Income to cross-verify your projections.

Vela Income Related Hype Analysis

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

Other Forecasting Options for Vela Income

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

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

Vela Income Market Strength Events

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

Vela Income Risk Indicators

The analysis of Vela Income'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 Vela Income's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vela 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 Vela Income

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

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