FundX Investment Etf Forward View - Simple Exponential Smoothing
| XFLX Etf | 22.52 0.00 0.00% |
FundX Etf outlook is based on your current time horizon.
At this time, The relative strength momentum indicator of FundX Investment's share price is at 56. This entails that the etf 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 FundX Investment, making its price go up or down. Momentum 56
Buy Extended
Oversold | Overbought |
Using FundX Investment hype-based prediction, you can estimate the value of FundX Investment Trust from the perspective of FundX Investment response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of FundX Investment Trust on the next trading day is expected to be 22.52 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.26. FundX Investment after-hype prediction price | USD 22.52 |
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 etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of FundX Investment to cross-verify your projections. FundX Investment Additional Predictive Modules
Most predictive techniques to examine FundX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for FundX using various technical indicators. When you analyze FundX 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 |
FundX Investment Simple Exponential Smoothing Price Forecast For the 1st of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of FundX Investment Trust on the next trading day is expected to be 22.52 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.26.Please note that although there have been many attempts to predict FundX Etf 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 FundX Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
FundX Investment Etf Forecast Pattern
| Backtest FundX Investment | FundX Investment Price Prediction | Buy or Sell Advice |
FundX Investment Forecasted Value
In the context of forecasting FundX Investment's Etf 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. FundX Investment's downside and upside margins for the forecasting period are 22.31 and 22.73, respectively. We have considered FundX Investment'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of FundX Investment etf data series using in forecasting. Note that when a statistical model is used to represent FundX Investment etf, 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 | 112.0225 |
| Bias | Arithmetic mean of the errors | -0.0043 |
| MAD | Mean absolute deviation | 0.037 |
| MAPE | Mean absolute percentage error | 0.0017 |
| SAE | Sum of the absolute errors | 2.26 |
Predictive Modules for FundX Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FundX Investment Trust. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.FundX Investment After-Hype Price Density Analysis
As far as predicting the price of FundX Investment 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 FundX Investment 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 Etf prices, such as prices of FundX Investment, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
FundX Investment Estimiated After-Hype Price Volatility
In the context of predicting FundX Investment's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on FundX Investment's historical news coverage. FundX Investment's after-hype downside and upside margins for the prediction period are 22.31 and 22.73, respectively. We have considered FundX Investment'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
FundX Investment is very steady at this time. Analysis and calculation of next after-hype price of FundX Investment Trust is based on 3 months time horizon.
FundX Investment Etf Price Outlook Analysis
Have you ever been surprised when a price of a ETF such as FundX Investment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading FundX Investment 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 Etf 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 FundX Investment, 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 |
0.02 | 0.21 | 0.00 | 0.00 | 2 Events / Month | 3 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
22.52 | 22.52 | 0.00 |
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FundX Investment Hype Timeline
FundX Investment Trust is at this time traded for 22.52. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. FundX 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 91.3%. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.02%. %. The volatility of related hype on FundX Investment is about 840.0%, with the expected price after the next announcement by competition of 22.52. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in a few days. Check out Historical Fundamental Analysis of FundX Investment to cross-verify your projections.FundX Investment Related Hype Analysis
Having access to credible news sources related to FundX Investment's direct competition is more important than ever and may enhance your ability to predict FundX Investment's future price movements. Getting to know how FundX Investment'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 FundX Investment may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| XRLX | FundX Investment Trust | 0.13 | 4 per month | 0.46 | (0.06) | 0.73 | (0.85) | 2.37 | |
| FDFF | Fidelity Disruptive Finance | 0.02 | 1 per month | 1.07 | (0.05) | 1.58 | (1.80) | 4.28 | |
| KOOL | Spinnaker ETF Series | (0.08) | 3 per month | 0.84 | 0 | 1.12 | (1.66) | 3.22 | |
| KBWR | Invesco KBW Regional | 0.26 | 4 per month | 1.00 | 0.11 | 2.95 | (1.35) | 7.95 | |
| SIXF | AIM ETF Products | 0.14 | 1 per month | 0.20 | (0.05) | 0.45 | (0.60) | 1.43 | |
| PRXV | Praxis Funds | (0.19) | 1 per month | 0.42 | 0.06 | 1.29 | (0.99) | 2.77 | |
| PUI | Invesco DWA Utilities | (0.15) | 3 per month | 0.00 | (0.14) | 1.29 | (1.70) | 3.64 | |
| DEEF | Xtrackers FTSE Developed | (0.09) | 2 per month | 0.40 | 0.13 | 1.24 | (0.84) | 2.82 | |
| WLDR | Affinity World Leaders | (0.62) | 4 per month | 0.68 | 0.13 | 1.34 | (1.57) | 3.62 | |
| PYZ | Invesco DWA Basic | 0.83 | 1 per month | 1.30 | 0.12 | 2.50 | (2.05) | 6.90 |
Other Forecasting Options for FundX Investment
For every potential investor in FundX, whether a beginner or expert, FundX Investment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FundX Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FundX. Basic forecasting techniques help filter out the noise by identifying FundX Investment's price trends.FundX Investment 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 FundX Investment etf to make a market-neutral strategy. Peer analysis of FundX Investment could also be used in its relative valuation, which is a method of valuing FundX Investment by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FundX Investment Market Strength Events
Market strength indicators help investors to evaluate how FundX Investment etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FundX Investment shares will generate the highest return on investment. By undertsting and applying FundX Investment etf market strength indicators, traders can identify FundX Investment Trust entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0089 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 22.51 | |||
| Day Typical Price | 22.51 | |||
| Market Facilitation Index | 0.002 | |||
| Price Action Indicator | 0.01 | |||
| Relative Strength Index | 56.27 |
FundX Investment Risk Indicators
The analysis of FundX Investment'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 FundX Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fundx etf 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 | 0.1626 | |||
| Semi Deviation | 0.1702 | |||
| Standard Deviation | 0.2115 | |||
| Variance | 0.0447 | |||
| Downside Variance | 0.0481 | |||
| Semi Variance | 0.029 | |||
| Expected Short fall | (0.18) |
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 FundX Investment
The number of cover stories for FundX Investment depends on current market conditions and FundX Investment's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that FundX Investment 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 FundX Investment'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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Check out Historical Fundamental Analysis of FundX Investment to cross-verify your projections. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of FundX Investment Trust is measured differently than its book value, which is the value of FundX that is recorded on the company's balance sheet. Investors also form their own opinion of FundX Investment's value that differs from its market value or its book value, called intrinsic value, which is FundX Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FundX Investment's market value can be influenced by many factors that don't directly affect FundX Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FundX Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if FundX Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, FundX Investment's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.