Ycg Enhanced Mutual Fund Forward View - Simple Regression

YCGEX Fund  USD 29.27  0.03  0.10%   
Ycg Mutual Fund outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Ycg Enhanced'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 Ycg Enhanced's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Ycg Enhanced Fund, which may create opportunities for some arbitrage if properly timed.
Using Ycg Enhanced hype-based prediction, you can estimate the value of Ycg Enhanced Fund from the perspective of Ycg Enhanced response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Ycg Enhanced Fund on the next trading day is expected to be 30.84 with a mean absolute deviation of 0.59 and the sum of the absolute errors of 35.88.

Ycg Enhanced after-hype prediction price

    
  USD 29.27  
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 Ycg Enhanced to cross-verify your projections.

Ycg Enhanced Additional Predictive Modules

Most predictive techniques to examine Ycg price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ycg using various technical indicators. When you analyze Ycg 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Ycg Enhanced price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Ycg Enhanced Simple Regression Price Forecast For the 9th of February

Given 90 days horizon, the Simple Regression forecasted value of Ycg Enhanced Fund on the next trading day is expected to be 30.84 with a mean absolute deviation of 0.59, mean absolute percentage error of 0.50, and the sum of the absolute errors of 35.88.
Please note that although there have been many attempts to predict Ycg Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Ycg Enhanced's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ycg Enhanced Mutual Fund Forecast Pattern

Backtest Ycg Enhanced  Ycg Enhanced Price Prediction  Research Analysis  

Ycg Enhanced Forecasted Value

In the context of forecasting Ycg Enhanced'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. Ycg Enhanced's downside and upside margins for the forecasting period are 29.84 and 31.84, respectively. We have considered Ycg Enhanced'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
29.27
30.84
Expected Value
31.84
Upside

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 Ycg Enhanced mutual fund data series using in forecasting. Note that when a statistical model is used to represent Ycg Enhanced 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 Criteria117.4147
BiasArithmetic mean of the errors None
MADMean absolute deviation0.5881
MAPEMean absolute percentage error0.0197
SAESum of the absolute errors35.8763
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Ycg Enhanced Fund historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Ycg Enhanced

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ycg Enhanced. 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 Ycg Enhanced'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
28.2629.2730.28
Details
Intrinsic
Valuation
LowRealHigh
28.3729.3830.39
Details
Bollinger
Band Projection (param)
LowMiddleHigh
28.3830.0531.71
Details

Ycg Enhanced After-Hype Price Density Analysis

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

Ycg Enhanced Estimiated After-Hype Price Volatility

In the context of predicting Ycg Enhanced's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ycg Enhanced's historical news coverage. Ycg Enhanced's after-hype downside and upside margins for the prediction period are 28.26 and 30.28, respectively. We have considered Ycg Enhanced'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
29.27
29.27
After-hype Price
30.28
Upside
Ycg Enhanced is very steady at this time. Analysis and calculation of next after-hype price of Ycg Enhanced is based on 3 months time horizon.

Ycg Enhanced Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Ycg Enhanced is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ycg Enhanced 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 Ycg Enhanced, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
1.00
  0.31 
 0.00  
5 Events / Month
1 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
29.27
29.27
0.00 
12.89  
Notes

Ycg Enhanced Hype Timeline

Ycg Enhanced is at this time traded for 29.27. The entity has historical hype elasticity of -0.31, and average elasticity to hype of competition of 0.0. Ycg 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 about 12.89%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.04%. %. The volatility of related hype on Ycg Enhanced is about 943.4%, with the expected price after the next announcement by competition of 29.27. The company last dividend was issued on the 18th of December 2019. Assuming the 90 days horizon the next forecasted press release will be in about 5 days.
Check out Historical Fundamental Analysis of Ycg Enhanced to cross-verify your projections.

Ycg Enhanced Related Hype Analysis

Having access to credible news sources related to Ycg Enhanced's direct competition is more important than ever and may enhance your ability to predict Ycg Enhanced's future price movements. Getting to know how Ycg Enhanced'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 Ycg Enhanced may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
HRCUXEagle Capital Appreciation 0.00 0 per month 0.00 (0.14) 1.63 (1.91) 5.17 
BTBFXBoston Trust Asset(0.02)3 per month 1.99 (0.02) 0.73 (0.70) 22.47 
BWBFXBaron Wealthbuilder Fund 0.98 5 per month 0.67  0.05  1.66 (1.53) 9.31 
DHLTXDiamond Hill All 0.00 0 per month 0.33  0.19  2.17 (1.20) 10.21 
PRNIXAllianzgi Nfj Mid Cap 0.00 0 per month 0.50  0.15  2.39 (1.25) 4.70 
PQNAXAllianzgi Nfj Mid Cap 0.00 0 per month 0.48  0.16  2.41 (1.27) 5.33 
SVOAXSimt Managed Volatility 0.00 0 per month 0.00  0.13  1.18 (0.68) 19.62 
SEVIXSimt Managed Volatility 0.00 0 per month 0.00 (1.34) 0.00  0.00  0.74 
SUSYXSimt Managed Volatility 0.00 0 per month 0.00  0.13  1.18 (0.68) 19.44 
LCRIXLeuthold E Investment 0.10 1 per month 0.00  0.12  0.82 (0.61) 7.62 

Other Forecasting Options for Ycg Enhanced

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

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

Ycg Enhanced Market Strength Events

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

Ycg Enhanced Risk Indicators

The analysis of Ycg Enhanced'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 Ycg Enhanced's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ycg 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 Ycg Enhanced

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

Ycg Enhanced financial ratios help investors to determine whether Ycg 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 Ycg with respect to the benefits of owning Ycg Enhanced security.
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