Common Stock Mutual Fund Forecast - Naive Prediction

FMIMX Fund  USD 36.30  0.08  0.22%   
The Naive Prediction forecasted value of Common Stock Fund on the next trading day is expected to be 36.06 with a mean absolute deviation of 0.49 and the sum of the absolute errors of 30.62. Common Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Common Stock's share price is above 70 at this time. This usually indicates that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Common, making its price go up or down.

Momentum 70

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Common Stock's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Common Stock Fund, which may create opportunities for some arbitrage if properly timed.
Using Common Stock hype-based prediction, you can estimate the value of Common Stock Fund from the perspective of Common Stock response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Common Stock Fund on the next trading day is expected to be 36.06 with a mean absolute deviation of 0.49 and the sum of the absolute errors of 30.62.

Common Stock after-hype prediction price

    
  USD 36.3  
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 Common Stock to cross-verify your projections.

Common Stock Additional Predictive Modules

Most predictive techniques to examine Common price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Common using various technical indicators. When you analyze Common 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 Common Stock is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Common Stock Fund 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.

Common Stock Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Common Stock Fund on the next trading day is expected to be 36.06 with a mean absolute deviation of 0.49, mean absolute percentage error of 0.48, and the sum of the absolute errors of 30.62.
Please note that although there have been many attempts to predict Common 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 Common Stock's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Common Stock Mutual Fund Forecast Pattern

Backtest Common StockCommon Stock Price PredictionBuy or Sell Advice 

Common Stock Forecasted Value

In the context of forecasting Common Stock'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. Common Stock's downside and upside margins for the forecasting period are 33.94 and 38.18, respectively. We have considered Common Stock'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
36.30
36.06
Expected Value
38.18
Upside

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 Common Stock mutual fund data series using in forecasting. Note that when a statistical model is used to represent Common Stock 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 Criteria119.2225
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4939
MAPEMean absolute percentage error0.0159
SAESum of the absolute errors30.62
This model is not at all useful as a medium-long range forecasting tool of Common Stock Fund. 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 Common Stock. 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 Common Stock

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Common Stock. 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
LowEstimatedHigh
34.1936.3038.41
Details
Intrinsic
Valuation
LowRealHigh
36.1638.2740.38
Details
Bollinger
Band Projection (param)
LowMiddleHigh
31.0634.3937.72
Details

Common Stock After-Hype Price Prediction Density Analysis

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

Common Stock Estimiated After-Hype Price Volatility

In the context of predicting Common Stock's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Common Stock's historical news coverage. Common Stock's after-hype downside and upside margins for the prediction period are 34.19 and 38.41, respectively. We have considered Common Stock'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
36.30
36.30
After-hype Price
38.41
Upside
Common Stock is very steady at this time. Analysis and calculation of next after-hype price of Common Stock is based on 3 months time horizon.

Common Stock Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Common Stock is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Common Stock 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 Common Stock, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.36 
2.12
  0.14 
  2.41 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
36.30
36.30
0.00 
557.89  
Notes

Common Stock Hype Timeline

Common Stock is currently traded for 36.30. The entity has historical hype elasticity of -0.14, and average elasticity to hype of competition of 2.41. Common 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 over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.36%. %. The volatility of related hype on Common Stock is about 31.6%, with the expected price after the next announcement by competition of 38.71. The company last dividend was issued on the 13th of December 1970. Assuming the 90 days horizon the next expected press release will be very soon.
Check out Historical Fundamental Analysis of Common Stock to cross-verify your projections.

Common Stock Related Hype Analysis

Having access to credible news sources related to Common Stock's direct competition is more important than ever and may enhance your ability to predict Common Stock's future price movements. Getting to know how Common Stock'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 Common Stock 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
GTSGXMadison Mid Cap 0.00 0 per month 0.70 (0.01) 1.67 (1.36) 4.28 
MERAXMadison Mid Cap 0.00 1 per month 0.72 (0) 1.69 (1.35) 4.27 
LCGRXLoomis Sayles Small 19.55 4 per month 0.94  0.03  1.75 (1.78) 4.33 
LSSNXLoomis Sayles Small 14.44 1 per month 0.94  0.04  1.76 (1.75) 4.28 
PJGQXPrudential Jennison Mid Cap(0.18)1 per month 0.91 (0) 1.29 (1.65) 10.50 
INUTXColumbia Dividend Opportunity 0.00 0 per month 0.33  0.10  1.33 (1.08) 7.63 
BCSVXThe Brown Capital 0.00 0 per month 0.00 (0.32) 1.12 (1.88) 4.79 
BCSFXThe Brown Capital 0.00 0 per month 0.00 (0.32) 1.13 (1.91) 4.79 
DGAGXDreyfus Appreciation Fund 9.76 2 per month 0.20  0.1  1.11 (1.22) 24.62 
ABSIXAb Discovery Value 23.51 4 per month 0.50  0.12  2.19 (1.18) 8.33 

Other Forecasting Options for Common Stock

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

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

Common Stock Market Strength Events

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

Common Stock Risk Indicators

The analysis of Common Stock'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 Common Stock's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting common 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 Common Stock

The number of cover stories for Common Stock depends on current market conditions and Common Stock's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Common Stock 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 Common Stock's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Common Mutual Fund

Common Stock financial ratios help investors to determine whether Common 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 Common with respect to the benefits of owning Common Stock security.
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