Touchstone Small Mutual Fund Forecast - Simple Exponential Smoothing

TICSX Fund  USD 7.66  0.07  0.91%   
The Simple Exponential Smoothing forecasted value of Touchstone Small Pany on the next trading day is expected to be 7.66 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.42. Touchstone Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Touchstone Small's share price is below 20 . This usually implies 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 Touchstone Small's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Touchstone Small Pany, which may create opportunities for some arbitrage if properly timed.
Using Touchstone Small hype-based prediction, you can estimate the value of Touchstone Small Pany from the perspective of Touchstone Small response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Touchstone Small Pany on the next trading day is expected to be 7.66 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.42.

Touchstone Small after-hype prediction price

    
  USD 7.66  
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 Touchstone Small to cross-verify your projections.

Touchstone Small 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.
Touchstone Small simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Touchstone Small Pany are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Touchstone Small Pany prices get older.

Touchstone Small Simple Exponential Smoothing Price Forecast For the 25th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Touchstone Small Pany on the next trading day is expected to be 7.66 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.42.
Please note that although there have been many attempts to predict Touchstone 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 Touchstone Small's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Touchstone Small Mutual Fund Forecast Pattern

Backtest Touchstone SmallTouchstone Small Price PredictionBuy or Sell Advice 

Touchstone Small Forecasted Value

In the context of forecasting Touchstone Small'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. Touchstone Small's downside and upside margins for the forecasting period are 6.49 and 8.83, respectively. We have considered Touchstone Small'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
7.66
7.66
Expected Value
8.83
Upside

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 Touchstone Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Touchstone Small 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 Criteria113.1177
BiasArithmetic mean of the errors -0.0118
MADMean absolute deviation0.0561
MAPEMean absolute percentage error0.0078
SAESum of the absolute errors3.42
This simple exponential smoothing model begins by setting Touchstone Small Pany forecast for the second period equal to the observation of the first period. In other words, recent Touchstone Small observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Touchstone Small

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 Small Pany. 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 Touchstone Small'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
6.497.668.83
Details
Intrinsic
Valuation
LowRealHigh
6.627.798.96
Details

Touchstone Small After-Hype Price Prediction Density Analysis

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

Touchstone Small Estimiated After-Hype Price Volatility

In the context of predicting Touchstone Small's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Touchstone Small's historical news coverage. Touchstone Small's after-hype downside and upside margins for the prediction period are 6.49 and 8.83, respectively. We have considered Touchstone Small'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
7.66
7.66
After-hype Price
8.83
Upside
Touchstone Small is not too volatile at this time. Analysis and calculation of next after-hype price of Touchstone Small Pany is based on 3 months time horizon.

Touchstone Small Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Touchstone Small is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Touchstone Small 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 Touchstone Small, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.17 
1.17
  0.88 
  1.16 
5 Events / Month
1 Events / Month
In about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
7.66
7.66
0.00 
22.67  
Notes

Touchstone Small Hype Timeline

Touchstone Small Pany is at this time traded for 7.66. The entity has historical hype elasticity of 0.88, and average elasticity to hype of competition of 1.16. Touchstone is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 22.67%. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.17%. %. The volatility of related hype on Touchstone Small is about 17.22%, with the expected price after the next announcement by competition of 8.82. The company last dividend was issued on the 11th of December 1970. Assuming the 90 days horizon the next projected press release will be in about 5 days.
Check out Historical Fundamental Analysis of Touchstone Small to cross-verify your projections.

Touchstone Small Related Hype Analysis

Having access to credible news sources related to Touchstone Small's direct competition is more important than ever and may enhance your ability to predict Touchstone Small's future price movements. Getting to know how Touchstone Small'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 Touchstone Small may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Touchstone Small

For every potential investor in Touchstone, whether a beginner or expert, Touchstone Small's 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 Small's price trends.

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

Touchstone Small Market Strength Events

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

Touchstone Small Risk Indicators

The analysis of Touchstone Small'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 Touchstone Small's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting touchstone 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 Touchstone Small

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

Touchstone Small financial ratios help investors to determine whether Touchstone 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 Touchstone with respect to the benefits of owning Touchstone Small security.
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