Walthausen Small Mutual Fund Forward View - Simple Exponential Smoothing

WSCVX Fund  USD 15.70  0.14  0.88%   
Walthausen Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Walthausen Small's mutual fund price is slightly above 66. 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 Walthausen, making its price go up or down.

Momentum 66

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Walthausen Small's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Walthausen Small Cap, which may create opportunities for some arbitrage if properly timed.
Using Walthausen Small hype-based prediction, you can estimate the value of Walthausen Small Cap from the perspective of Walthausen Small response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Walthausen Small Cap on the next trading day is expected to be 15.70 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.62.

Walthausen Small after-hype prediction price

    
  USD 15.7  
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 Walthausen Small to cross-verify your projections.

Walthausen Small Additional Predictive Modules

Most predictive techniques to examine Walthausen price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Walthausen using various technical indicators. When you analyze Walthausen 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.
Walthausen Small simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Walthausen Small Cap are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Walthausen Small Cap prices get older.

Walthausen Small Simple Exponential Smoothing Price Forecast For the 2nd of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Walthausen Small Cap on the next trading day is expected to be 15.70 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.08, and the sum of the absolute errors of 8.62.
Please note that although there have been many attempts to predict Walthausen 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 Walthausen Small's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Walthausen Small Mutual Fund Forecast Pattern

Backtest Walthausen Small  Walthausen Small Price Prediction  Buy or Sell Advice  

Walthausen Small Forecasted Value

In the context of forecasting Walthausen 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. Walthausen Small's downside and upside margins for the forecasting period are 13.61 and 17.79, respectively. We have considered Walthausen 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.
Market Value
15.70
15.70
Expected Value
17.79
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Walthausen Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Walthausen 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.
AICAkaike Information Criteria113.7022
BiasArithmetic mean of the errors -0.06
MADMean absolute deviation0.1437
MAPEMean absolute percentage error0.0103
SAESum of the absolute errors8.62
This simple exponential smoothing model begins by setting Walthausen Small Cap forecast for the second period equal to the observation of the first period. In other words, recent Walthausen Small observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Walthausen 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 Walthausen 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Walthausen Small'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
13.6115.7017.79
Details
Intrinsic
Valuation
LowRealHigh
14.4716.5618.65
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.4915.4116.32
Details

Walthausen Small After-Hype Price Density Analysis

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

Walthausen Small Estimiated After-Hype Price Volatility

In the context of predicting Walthausen 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 Walthausen Small's historical news coverage. Walthausen Small's after-hype downside and upside margins for the prediction period are 13.61 and 17.79, respectively. We have considered Walthausen 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
15.70
15.70
After-hype Price
17.79
Upside
Walthausen Small is not too volatile at this time. Analysis and calculation of next after-hype price of Walthausen Small Cap is based on 3 months time horizon.

Walthausen Small Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Walthausen Small is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Walthausen 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 Walthausen Small, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.42 
2.09
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
15.70
15.70
0.00 
0.00  
Notes

Walthausen Small Hype Timeline

Walthausen Small Cap is at this time traded for 15.70. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Walthausen 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 0.42%. %. The volatility of related hype on Walthausen Small is about 0.0%, with the expected price after the next announcement by competition of 15.70. The company has Price to Book (P/B) ratio of 1.43. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Walthausen Small Cap last dividend was issued on the 20th of December 2019. Assuming the 90 days horizon the next anticipated press release will be any time.
Check out Historical Fundamental Analysis of Walthausen Small to cross-verify your projections.

Walthausen Small Related Hype Analysis

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

Other Forecasting Options for Walthausen Small

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

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

Walthausen Small Market Strength Events

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

Walthausen Small Risk Indicators

The analysis of Walthausen 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 Walthausen Small's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting walthausen 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 Walthausen Small

The number of cover stories for Walthausen Small depends on current market conditions and Walthausen 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 Walthausen 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 Walthausen Small'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 Walthausen Mutual Fund

Walthausen Small financial ratios help investors to determine whether Walthausen 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 Walthausen with respect to the benefits of owning Walthausen Small security.
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