Wcm Small Mutual Fund Forecast - Simple Regression
| WCMLX Fund | USD 15.19 0.01 0.07% |
The Simple Regression forecasted value of Wcm Small Cap on the next trading day is expected to be 14.73 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 18.05. Wcm Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Wcm Small's mutual fund price is slightly above 64. This entails that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Wcm, making its price go up or down. Momentum 64
Buy Extended
Oversold | Overbought |
Using Wcm Small hype-based prediction, you can estimate the value of Wcm Small Cap from the perspective of Wcm Small response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Wcm Small Cap on the next trading day is expected to be 14.73 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 18.05. Wcm Small after-hype prediction price | USD 15.19 |
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.
Wcm |
Wcm Small Additional Predictive Modules
Most predictive techniques to examine Wcm price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Wcm using various technical indicators. When you analyze Wcm 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Wcm Small Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Wcm Small Cap on the next trading day is expected to be 14.73 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.15, and the sum of the absolute errors of 18.05.Please note that although there have been many attempts to predict Wcm 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 Wcm Small's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wcm Small Mutual Fund Forecast Pattern
| Backtest Wcm Small | Wcm Small Price Prediction | Buy or Sell Advice |
Wcm Small Forecasted Value
In the context of forecasting Wcm Small'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. Wcm Small's downside and upside margins for the forecasting period are 13.52 and 15.95, respectively. We have considered Wcm Small'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Wcm Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Wcm Small 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.| AIC | Akaike Information Criteria | 118.0556 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2911 |
| MAPE | Mean absolute percentage error | 0.0211 |
| SAE | Sum of the absolute errors | 18.0453 |
Predictive Modules for Wcm Small
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wcm Small Cap. 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.Wcm Small After-Hype Price Prediction Density Analysis
As far as predicting the price of Wcm Small 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 Wcm Small 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 Wcm Small, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Wcm Small Estimiated After-Hype Price Volatility
In the context of predicting Wcm Small's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Wcm Small's historical news coverage. Wcm Small's after-hype downside and upside margins for the prediction period are 13.98 and 16.40, respectively. We have considered Wcm Small'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
Wcm Small is very steady at this time. Analysis and calculation of next after-hype price of Wcm Small Cap is based on 3 months time horizon.
Wcm Small Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Wcm Small is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wcm Small 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 Wcm Small, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.13 | 1.22 | 3.78 | 0.54 | 3 Events / Month | 1 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
15.19 | 15.19 | 0.00 |
|
Wcm Small Hype Timeline
Wcm Small Cap is at this time traded for 15.19. The entity has historical hype elasticity of 3.78, and average elasticity to hype of competition of -0.54. Wcm is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 4.2%. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.13%. %. The volatility of related hype on Wcm Small is about 29.6%, with the expected price after the next announcement by competition of 14.65. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next expected press release will be in about 3 days. Check out Historical Fundamental Analysis of Wcm Small to cross-verify your projections.Wcm Small Related Hype Analysis
Having access to credible news sources related to Wcm Small's direct competition is more important than ever and may enhance your ability to predict Wcm Small's future price movements. Getting to know how Wcm Small'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 Wcm Small may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HTECX | Hennessy Technology Fund | (7.61) | 1 per month | 0.88 | 0.09 | 1.63 | (2.08) | 30.04 | |
| CMTFX | Columbia Global Technology | 0.00 | 0 per month | 1.57 | (0) | 1.88 | (2.59) | 6.22 | |
| FRBRX | Franklin Biotechnology Discovery | 3.98 | 1 per month | 1.13 | 0.15 | 2.84 | (2.05) | 14.11 | |
| WSTCX | Ivy Science And | 0.87 | 1 per month | 1.35 | 0.09 | 2.91 | (3.08) | 19.46 | |
| FIJYX | Fidelity Advisor Biotechnology | 1.00 | 1 per month | 1.39 | 0.04 | 2.80 | (2.43) | 7.19 | |
| WFSTX | Specialized Technology Fund | 35.10 | 4 per month | 1.08 | 0.05 | 1.69 | (2.61) | 21.74 | |
| DTEYX | Dreyfus Technology Growth | (62.19) | 3 per month | 1.33 | 0.09 | 2.19 | (2.35) | 12.28 |
Other Forecasting Options for Wcm Small
For every potential investor in Wcm, whether a beginner or expert, Wcm Small's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wcm Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wcm. Basic forecasting techniques help filter out the noise by identifying Wcm Small's price trends.Wcm Small 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 Wcm Small mutual fund to make a market-neutral strategy. Peer analysis of Wcm Small could also be used in its relative valuation, which is a method of valuing Wcm Small by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wcm Small Market Strength Events
Market strength indicators help investors to evaluate how Wcm Small 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 Wcm Small shares will generate the highest return on investment. By undertsting and applying Wcm Small mutual fund market strength indicators, traders can identify Wcm Small Cap entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.19 | |||
| Day Typical Price | 15.19 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 64.64 |
Wcm Small Risk Indicators
The analysis of Wcm Small'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 Wcm Small's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wcm 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.
| Mean Deviation | 0.9356 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.46 | |||
| Downside Variance | 1.6 | |||
| Semi Variance | 1.23 | |||
| Expected Short fall | (0.95) |
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 Wcm Small
The number of cover stories for Wcm Small depends on current market conditions and Wcm Small's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Wcm Small 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 Wcm Small'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
Story Categories
Currently Trending Categories
Other Information on Investing in Wcm Mutual Fund
Wcm Small financial ratios help investors to determine whether Wcm 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 Wcm with respect to the benefits of owning Wcm Small security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |