Invesco European Mutual Fund Forecast - Naive Prediction
| ESMCX Fund | USD 11.85 0.06 0.50% |
The Naive Prediction forecasted value of Invesco European Small on the next trading day is expected to be 11.46 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.52. Invesco Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Invesco European's share price is below 20 suggesting 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 |
Using Invesco European hype-based prediction, you can estimate the value of Invesco European Small from the perspective of Invesco European response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Invesco European Small on the next trading day is expected to be 11.46 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.52. Invesco European after-hype prediction price | USD 11.85 |
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.
Invesco |
Invesco European Additional Predictive Modules
Most predictive techniques to examine Invesco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Invesco using various technical indicators. When you analyze Invesco 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Invesco European Naive Prediction Price Forecast For the 25th of January
Given 90 days horizon, the Naive Prediction forecasted value of Invesco European Small on the next trading day is expected to be 11.46 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.38, and the sum of the absolute errors of 25.52.Please note that although there have been many attempts to predict Invesco 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 Invesco European's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Invesco European Mutual Fund Forecast Pattern
| Backtest Invesco European | Invesco European Price Prediction | Buy or Sell Advice |
Invesco European Forecasted Value
In the context of forecasting Invesco European'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. Invesco European's downside and upside margins for the forecasting period are 4.42 and 18.49, respectively. We have considered Invesco European'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Invesco European mutual fund data series using in forecasting. Note that when a statistical model is used to represent Invesco European 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.| AIC | Akaike Information Criteria | 118.9892 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4115 |
| MAPE | Mean absolute percentage error | 0.0484 |
| SAE | Sum of the absolute errors | 25.5156 |
Predictive Modules for Invesco European
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco European Small. 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 Invesco European'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.
Invesco European After-Hype Price Prediction Density Analysis
As far as predicting the price of Invesco European 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 Invesco European 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 Invesco European, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Invesco European Estimiated After-Hype Price Volatility
In the context of predicting Invesco European's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Invesco European's historical news coverage. Invesco European's after-hype downside and upside margins for the prediction period are 4.82 and 18.88, respectively. We have considered Invesco European'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
Invesco European is slightly risky at this time. Analysis and calculation of next after-hype price of Invesco European Small is based on 3 months time horizon.
Invesco European Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Invesco European is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Invesco European 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 Invesco European, 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 |
0.95 | 7.03 | 0.00 | 1.05 | 0 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
11.85 | 11.85 | 0.00 |
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Invesco European Hype Timeline
Invesco European Small is currently traded for 11.85. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -1.05. Invesco 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 currently at 0.95%. %. The volatility of related hype on Invesco European is about 634.05%, with the expected price after the next announcement by competition of 10.80. The company has price-to-book (P/B) ratio of 1.26. Some equities with similar Price to Book (P/B) outperform the market in the long run. Invesco European Small last dividend was issued on the 13th of December 1970. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Invesco European to cross-verify your projections.Invesco European Related Hype Analysis
Having access to credible news sources related to Invesco European's direct competition is more important than ever and may enhance your ability to predict Invesco European's future price movements. Getting to know how Invesco European'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 Invesco European may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PARKX | T Rowe Price | (0.02) | 1 per month | 0.35 | 0.05 | 0.95 | (0.85) | 4.67 | |
| TRRJX | T Rowe Price | 0.00 | 0 per month | 0.37 | 0.05 | 0.96 | (0.89) | 4.62 | |
| AGDZX | Ab High Income | 0.00 | 1 per month | 0.00 | (0.29) | 0.28 | (0.14) | 1.00 | |
| AHYMX | Alpine High Yield | 0.00 | 1 per month | 0.00 | (0.52) | 0.22 | (0.11) | 0.67 | |
| SGYAX | Siit High Yield | (0.02) | 1 per month | 0.00 | (0.21) | 0.57 | (0.14) | 0.87 | |
| CABIX | Ab Global Risk | (8.83) | 5 per month | 0.33 | 0.02 | 0.83 | (0.79) | 5.52 | |
| BXHCX | Barings High Yield | 0.00 | 0 per month | 0.00 | (0.26) | 0.25 | (0.25) | 0.86 | |
| MFHVX | Mesirow Financial High | 0.00 | 0 per month | 0.00 | (0.37) | 0.25 | (0.12) | 0.87 |
Other Forecasting Options for Invesco European
For every potential investor in Invesco, whether a beginner or expert, Invesco European's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Invesco Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Invesco. Basic forecasting techniques help filter out the noise by identifying Invesco European's price trends.Invesco European 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 Invesco European mutual fund to make a market-neutral strategy. Peer analysis of Invesco European could also be used in its relative valuation, which is a method of valuing Invesco European by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Invesco European Market Strength Events
Market strength indicators help investors to evaluate how Invesco European 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 Invesco European shares will generate the highest return on investment. By undertsting and applying Invesco European mutual fund market strength indicators, traders can identify Invesco European Small entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.85 | |||
| Day Typical Price | 11.85 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.06) |
Invesco European Risk Indicators
The analysis of Invesco European'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 Invesco European's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting invesco 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.
| Mean Deviation | 1.79 | |||
| Standard Deviation | 6.76 | |||
| Variance | 45.68 | |||
| Downside Variance | 1.01 | |||
| Semi Variance | (0.33) | |||
| Expected Short fall | (2.32) |
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 Invesco European
The number of cover stories for Invesco European depends on current market conditions and Invesco European's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Invesco European 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 Invesco European'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 Invesco Mutual Fund
Invesco European financial ratios help investors to determine whether Invesco 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 Invesco with respect to the benefits of owning Invesco European security.
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