Touchstone Sands Mutual Fund Forecast - Naive Prediction

Touchstone Sands Additional Predictive Modules

Most predictive techniques to examine Touchstone price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Touchstone using various technical indicators. When you analyze Touchstone 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. A naive forecasting model for Touchstone Sands is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Touchstone Sands Capital value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Touchstone Sands Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Touchstone Sands Capital on the next trading day is expected to be 20.02 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.1, and the sum of the absolute errors of 15.49.

Touchstone Sands Mutual Fund Forecast Pattern

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Touchstone Sands Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Touchstone Sands mutual fund data series using in forecasting. Note that when a statistical model is used to represent Touchstone Sands 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. This model is not at all useful as a medium-long range forecasting tool of Touchstone Sands Capital. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Touchstone Sands. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Touchstone Sands

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Touchstone Sands Capital. 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 Low Estimated High 18.73 20.01 21.29 Details

Intrinsic Valuation Low Real High 19.11 20.39 21.67 Details

Bollinger Band Projection (param) Low Middle High 19.85 20.58 21.30 Details

Touchstone Sands After-Hype Price Density Analysis

Touchstone Sands Estimiated After-Hype Price Volatility

Touchstone Sands Mutual Fund Price Outlook Analysis

Notes

Touchstone Sands Hype Timeline

Touchstone Sands Capital is currently traded for 20.21. The entity has historical hype elasticity of -0.2, and average elasticity to hype of competition of -0.44. Touchstone is forecasted to decline in value after the next headline, with the price expected to drop to 20.01. The average volatility of media hype impact on the company price is about 104.07%. The price reduction on the next news is expected to be -0.99%, whereas the daily expected return is currently at -0.16%. The volatility of related hype on Touchstone Sands is about 46.44%, with the expected price after the next announcement by competition of 19.77. The company last dividend was issued on the 11th of December 2019. Assuming the 90 days horizon the next forecasted press release will be very soon. Check out Historical Fundamental Analysis of Touchstone Sands to cross-verify your projections.

Touchstone Sands Related Hype Analysis

Other Forecasting Options for Touchstone Sands

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

Touchstone Sands Related Equities

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Correlation

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Touchstone Sands Risk Indicators

Story Coverage note for Touchstone Sands

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Other Information on Investing in Touchstone Mutual Fund