Amcap Fund Mutual Fund Forecast - Double Exponential Smoothing

AMPCX Fund  USD 35.67  0.02  0.06%   
The Double Exponential Smoothing forecasted value of Amcap Fund Class on the next trading day is expected to be 35.74 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 14.07. Amcap Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Amcap Fund's share price is below 20 . This suggests 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 Amcap Fund's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Amcap Fund Class, which may create opportunities for some arbitrage if properly timed.
Using Amcap Fund hype-based prediction, you can estimate the value of Amcap Fund Class from the perspective of Amcap Fund response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Amcap Fund Class on the next trading day is expected to be 35.74 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 14.07.

Amcap Fund after-hype prediction price

    
  USD 41.64  
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 Amcap Fund to cross-verify your projections.

Amcap Fund Additional Predictive Modules

Most predictive techniques to examine Amcap price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Amcap using various technical indicators. When you analyze Amcap 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Amcap Fund works best with periods where there are trends or seasonality.

Amcap Fund Double Exponential Smoothing Price Forecast For the 25th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Amcap Fund Class on the next trading day is expected to be 35.74 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.12, and the sum of the absolute errors of 14.07.
Please note that although there have been many attempts to predict Amcap 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 Amcap Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amcap Fund Mutual Fund Forecast Pattern

Backtest Amcap FundAmcap Fund Price PredictionBuy or Sell Advice 

Amcap Fund Forecasted Value

In the context of forecasting Amcap Fund'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. Amcap Fund's downside and upside margins for the forecasting period are 34.71 and 36.77, respectively. We have considered Amcap Fund'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
35.67
35.74
Expected Value
36.77
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Amcap Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Amcap Fund 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0355
MADMean absolute deviation0.2345
MAPEMean absolute percentage error0.0069
SAESum of the absolute errors14.07
When Amcap Fund Class prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Amcap Fund Class trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Amcap Fund observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Amcap Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amcap Fund Class. 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 Amcap Fund'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
32.1041.6442.67
Details
Intrinsic
Valuation
LowRealHigh
35.3436.3737.40
Details
Bollinger
Band Projection (param)
LowMiddleHigh
33.1635.1337.11
Details

Amcap Fund After-Hype Price Prediction Density Analysis

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

Amcap Fund Estimiated After-Hype Price Volatility

In the context of predicting Amcap Fund's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Amcap Fund's historical news coverage. Amcap Fund's after-hype downside and upside margins for the prediction period are 32.10 and 42.67, respectively. We have considered Amcap Fund'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
35.67
41.64
After-hype Price
42.67
Upside
Amcap Fund is very steady at this time. Analysis and calculation of next after-hype price of Amcap Fund Class is based on 3 months time horizon.

Amcap Fund Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Amcap Fund is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Amcap Fund 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 Amcap Fund, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11 
1.03
  5.97 
  0.87 
8 Events / Month
2 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
35.67
41.64
16.74 
1.90  
Notes

Amcap Fund Hype Timeline

Amcap Fund Class is presently traded for 35.67. The entity has historical hype elasticity of 5.97, and average elasticity to hype of competition of 0.87. Amcap is forecasted to increase in value after the next headline, with the price projected to jump to 41.64 or above. The average volatility of media hype impact on the company the price is about 1.9%. The price jump on the next news is projected to be 16.74%, whereas the daily expected return is presently at 0.11%. The volatility of related hype on Amcap Fund is about 13.09%, with the expected price after the next announcement by competition of 36.54. Debt can assist Amcap Fund until it has trouble settling it off, either with new capital or with free cash flow. So, Amcap Fund's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Amcap Fund Class sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amcap to invest in growth at high rates of return. When we think about Amcap Fund's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next forecasted press release will be in about 8 days.
Check out Historical Fundamental Analysis of Amcap Fund to cross-verify your projections.

Amcap Fund Related Hype Analysis

Having access to credible news sources related to Amcap Fund's direct competition is more important than ever and may enhance your ability to predict Amcap Fund's future price movements. Getting to know how Amcap Fund'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 Amcap Fund 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
AMCPXAmcap Fund Class 0.11 1 per month 0.87  0.06  1.35 (1.50) 5.26 
RAFFXAmcap Fund Class 34.83 1 per month 0.85  0.04  1.35 (1.47) 5.06 
AMFFXAmerican Mutual Fund 0.00 0 per month 0.51  0.06  0.87 (1.03) 7.65 
RMFGXAmerican Mutual Fund 28.27 2 per month 0.62 (0.06) 0.85 (1.02) 3.20 
NWFFXNew World Fund 0.59 4 per month 0.37  0.11  1.47 (1.03) 7.09 
NFFFXNew World Fund 0.30 5 per month 0.37  0.11  1.46 (1.02) 7.09 
RNWGXNew World Fund 0.02 1 per month 0.37  0.11  1.47 (1.02) 7.06 
NEWFXNew World Fund 0.00 0 per month 0.36  0.12  1.47 (1.03) 7.07 
RLLGXSmallcap World Fund 14.44 3 per month 0.57  0.09  1.46 (1.21) 6.37 
SMCWXSmallcap World Fund 0.12 3 per month 0.55  0.12  1.46 (1.22) 6.57 

Other Forecasting Options for Amcap Fund

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

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

Amcap Fund Market Strength Events

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

Amcap Fund Risk Indicators

The analysis of Amcap Fund'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 Amcap Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amcap 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 Amcap Fund

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

Amcap Fund financial ratios help investors to determine whether Amcap 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 Amcap with respect to the benefits of owning Amcap Fund security.
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