Wanger International Mutual Fund Forward View - Triple Exponential Smoothing

WSCAX Fund  USD 21.67  0.19  0.87%   
Wanger Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Wanger International's share price is at 59. This entails that the mutual fund is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Wanger International, making its price go up or down.

Momentum 59

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Wanger International's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Wanger International Wanger, which may create opportunities for some arbitrage if properly timed.
Using Wanger International hype-based prediction, you can estimate the value of Wanger International Wanger from the perspective of Wanger International response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Wanger International Wanger on the next trading day is expected to be 21.66 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.55.

Wanger International after-hype prediction price

    
  USD 0.0  
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 Wanger International to cross-verify your projections.

Wanger International Additional Predictive Modules

Most predictive techniques to examine Wanger price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Wanger using various technical indicators. When you analyze Wanger 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.
Triple exponential smoothing for Wanger International - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Wanger International 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 trend in Wanger International price movement. However, neither of these exponential smoothing models address any seasonality of Wanger International.

Wanger International Triple Exponential Smoothing Price Forecast For the 31st of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Wanger International Wanger on the next trading day is expected to be 21.66 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.55.
Please note that although there have been many attempts to predict Wanger 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 Wanger International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Wanger International Mutual Fund Forecast Pattern

Backtest Wanger International  Wanger International Price Prediction  Buy or Sell Advice  

Wanger International Forecasted Value

In the context of forecasting Wanger International'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. Wanger International's downside and upside margins for the forecasting period are 20.76 and 22.56, respectively. We have considered Wanger International'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
21.67
21.66
Expected Value
22.56
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Wanger International mutual fund data series using in forecasting. Note that when a statistical model is used to represent Wanger International 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 -0.0268
MADMean absolute deviation0.1425
MAPEMean absolute percentage error0.0069
SAESum of the absolute errors8.55
As with simple exponential smoothing, in triple exponential smoothing models past Wanger International observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Wanger International Wanger observations.

Predictive Modules for Wanger International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wanger International. 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
0.000.000.89
Details
Intrinsic
Valuation
LowRealHigh
0.132.583.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wanger International. Your research has to be compared to or analyzed against Wanger International's peers to derive any actionable benefits. When done correctly, Wanger International'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 Wanger International.

Wanger International After-Hype Price Density Analysis

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

Wanger International Estimiated After-Hype Price Volatility

In the context of predicting Wanger International's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Wanger International's historical news coverage. Wanger International's after-hype downside and upside margins for the prediction period are 0.00 and 0.89, respectively. We have considered Wanger International'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
21.67
0.00
After-hype Price
0.89
Upside
Wanger International is somewhat reliable at this time. Analysis and calculation of next after-hype price of Wanger International is based on 3 months time horizon.

Wanger International Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Wanger International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wanger International 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 Wanger International, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
0.90
 0.00  
  1.91 
0 Events / Month
0 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
21.67
0.00
0.00 
0.00  
Notes

Wanger International Hype Timeline

Wanger International is at this time traded for 21.67. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 1.91. Wanger is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at 0.08%. %. The volatility of related hype on Wanger International is about 3.77%, with the expected price after the next announcement by competition of 23.58. The company last dividend was issued on the 12th of December 1970. Assuming the 90 days horizon the next forecasted press release will be any time.
Check out Historical Fundamental Analysis of Wanger International to cross-verify your projections.

Wanger International Related Hype Analysis

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

Other Forecasting Options for Wanger International

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

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

Wanger International Market Strength Events

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

Wanger International Risk Indicators

The analysis of Wanger International'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 Wanger International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wanger 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 Wanger International

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

Other Information on Investing in Wanger Mutual Fund

Wanger International financial ratios help investors to determine whether Wanger 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 Wanger with respect to the benefits of owning Wanger International security.
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