Wireless Portfolio Mutual Fund Forward View - Simple Exponential Smoothing

FWRLX Fund  USD 12.23  0.02  0.16%   
Wireless Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Wireless Portfolio's share price is at 56. This usually indicates that the mutual fund is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Wireless Portfolio, making its price go up or down.

Momentum 56

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Wireless Portfolio's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Wireless Portfolio Wireless, which may create opportunities for some arbitrage if properly timed.
Using Wireless Portfolio hype-based prediction, you can estimate the value of Wireless Portfolio Wireless from the perspective of Wireless Portfolio response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Wireless Portfolio Wireless on the next trading day is expected to be 12.23 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.79.

Wireless Portfolio after-hype prediction price

    
  USD 12.23  
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 Wireless Portfolio to cross-verify your projections.

Wireless Portfolio Additional Predictive Modules

Most predictive techniques to examine Wireless price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Wireless using various technical indicators. When you analyze Wireless 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.
Wireless Portfolio 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 Wireless Portfolio Wireless are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Wireless Portfolio prices get older.

Wireless Portfolio Simple Exponential Smoothing Price Forecast For the 31st of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Wireless Portfolio Wireless on the next trading day is expected to be 12.23 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.79.
Please note that although there have been many attempts to predict Wireless 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 Wireless Portfolio's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Wireless Portfolio Mutual Fund Forecast Pattern

Backtest Wireless Portfolio  Wireless Portfolio Price Prediction  Buy or Sell Advice  

Wireless Portfolio Forecasted Value

In the context of forecasting Wireless Portfolio'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. Wireless Portfolio's downside and upside margins for the forecasting period are 11.42 and 13.04, respectively. We have considered Wireless Portfolio'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
12.23
12.23
Expected Value
13.04
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 Wireless Portfolio mutual fund data series using in forecasting. Note that when a statistical model is used to represent Wireless Portfolio 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 Criteria113.4296
BiasArithmetic mean of the errors -0.0011
MADMean absolute deviation0.0785
MAPEMean absolute percentage error0.0066
SAESum of the absolute errors4.79
This simple exponential smoothing model begins by setting Wireless Portfolio Wireless forecast for the second period equal to the observation of the first period. In other words, recent Wireless Portfolio observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Wireless Portfolio

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wireless Portfolio. 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
11.4212.2313.04
Details
Intrinsic
Valuation
LowRealHigh
11.3212.1312.94
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.7311.9712.20
Details

Wireless Portfolio After-Hype Price Density Analysis

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

Wireless Portfolio Estimiated After-Hype Price Volatility

In the context of predicting Wireless Portfolio's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Wireless Portfolio's historical news coverage. Wireless Portfolio's after-hype downside and upside margins for the prediction period are 11.42 and 13.04, respectively. We have considered Wireless Portfolio'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
12.23
12.23
After-hype Price
13.04
Upside
Wireless Portfolio is very steady at this time. Analysis and calculation of next after-hype price of Wireless Portfolio is based on 3 months time horizon.

Wireless Portfolio Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Wireless Portfolio is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wireless Portfolio 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 Wireless Portfolio, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
0.81
 0.00  
  0.06 
0 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
12.23
12.23
0.00 
0.00  
Notes

Wireless Portfolio Hype Timeline

Wireless Portfolio is currently traded for 12.23. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.06. Wireless 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 insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.03%. %. The volatility of related hype on Wireless Portfolio is about 38.73%, with the expected price after the next announcement by competition of 12.17. The company last dividend was issued on the 8th of April 2020. Assuming the 90 days horizon the next expected press release will be in a few days.
Check out Historical Fundamental Analysis of Wireless Portfolio to cross-verify your projections.

Wireless Portfolio Related Hype Analysis

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

Other Forecasting Options for Wireless Portfolio

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

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

Wireless Portfolio Market Strength Events

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

Wireless Portfolio Risk Indicators

The analysis of Wireless Portfolio'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 Wireless Portfolio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wireless 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 Wireless Portfolio

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Other Information on Investing in Wireless Mutual Fund

Wireless Portfolio financial ratios help investors to determine whether Wireless 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 Wireless with respect to the benefits of owning Wireless Portfolio security.
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