Gmo High Mutual Fund Forward View - Simple Exponential Smoothing
| GHVIX Fund | USD 17.33 0.01 0.06% |
Gmo Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Gmo High's mutual fund price is slightly above 66. This usually indicates that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Gmo, making its price go up or down. Momentum 66
Buy Stretched
Oversold | Overbought |
Using Gmo High hype-based prediction, you can estimate the value of Gmo High Yield from the perspective of Gmo High response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Gmo High Yield on the next trading day is expected to be 17.33 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.96. Gmo High after-hype prediction price | USD 17.33 |
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.
Gmo |
Gmo High Additional Predictive Modules
Most predictive techniques to examine Gmo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gmo using various technical indicators. When you analyze Gmo 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gmo High Simple Exponential Smoothing Price Forecast For the 31st of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Gmo High Yield on the next trading day is expected to be 17.33 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 0.96.Please note that although there have been many attempts to predict Gmo 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 Gmo High's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gmo High Mutual Fund Forecast Pattern
| Backtest Gmo High | Gmo High Price Prediction | Buy or Sell Advice |
Gmo High Forecasted Value
In the context of forecasting Gmo High'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. Gmo High's downside and upside margins for the forecasting period are 17.20 and 17.46, respectively. We have considered Gmo High'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Gmo High mutual fund data series using in forecasting. Note that when a statistical model is used to represent Gmo High 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 | 108.6784 |
| Bias | Arithmetic mean of the errors | -0.0057 |
| MAD | Mean absolute deviation | 0.016 |
| MAPE | Mean absolute percentage error | 9.0E-4 |
| SAE | Sum of the absolute errors | 0.96 |
Predictive Modules for Gmo High
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gmo High Yield. 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.Gmo High After-Hype Price Density Analysis
As far as predicting the price of Gmo High 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 Gmo High 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 Gmo High, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Gmo High Estimiated After-Hype Price Volatility
In the context of predicting Gmo High's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gmo High's historical news coverage. Gmo High's after-hype downside and upside margins for the prediction period are 17.20 and 17.46, respectively. We have considered Gmo High'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
Gmo High is very steady at this time. Analysis and calculation of next after-hype price of Gmo High Yield is based on 3 months time horizon.
Gmo High Mutual Fund Price Outlook Analysis
Have you ever been surprised when a price of a Mutual Fund such as Gmo High is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gmo High 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 Gmo High, 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 |
0.03 | 0.13 | 0.00 | 0.14 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
17.33 | 17.33 | 0.00 |
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Gmo High Hype Timeline
Gmo High Yield is currently traded for 17.33. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.14. Gmo 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 over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.03%. %. The volatility of related hype on Gmo High is about 2.88%, with the expected price after the next announcement by competition of 17.19. The company last dividend was issued on the 19th of December 2019. Assuming the 90 days horizon the next forecasted press release will be very soon. Check out Historical Fundamental Analysis of Gmo High to cross-verify your projections.Gmo High Related Hype Analysis
Having access to credible news sources related to Gmo High's direct competition is more important than ever and may enhance your ability to predict Gmo High's future price movements. Getting to know how Gmo High'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 Gmo High may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HGHYX | The Hartford Healthcare | 0.41 | 2 per month | 0.53 | 0.07 | 1.91 | (1.05) | 3.95 | |
| SCHLX | Deutsche Health And | 0.78 | 1 per month | 0.49 | 0.09 | 2.15 | (1.09) | 7.09 | |
| LOGSX | Live Oak Health | (0.07) | 1 per month | 0.53 | 0.09 | 1.42 | (1.15) | 3.71 | |
| GTHCX | Invesco Global Health | 0.61 | 2 per month | 0.36 | 0.1 | 1.66 | (1.26) | 16.06 | |
| HIAHX | Hartford Healthcare Hls | 0.00 | 0 per month | 0.53 | 0.07 | 1.91 | (1.01) | 3.93 | |
| VGHCX | Vanguard Health Care | 0.66 | 1 per month | 0.61 | 0.07 | 1.94 | (1.24) | 4.26 | |
| BHSRX | Blackrock Health Sciences | (34.00) | 1 per month | 0.44 | 0.12 | 1.82 | (1.07) | 4.84 |
Other Forecasting Options for Gmo High
For every potential investor in Gmo, whether a beginner or expert, Gmo High's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gmo Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gmo. Basic forecasting techniques help filter out the noise by identifying Gmo High's price trends.Gmo High 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 Gmo High mutual fund to make a market-neutral strategy. Peer analysis of Gmo High could also be used in its relative valuation, which is a method of valuing Gmo High by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gmo High Market Strength Events
Market strength indicators help investors to evaluate how Gmo High 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 Gmo High shares will generate the highest return on investment. By undertsting and applying Gmo High mutual fund market strength indicators, traders can identify Gmo High Yield entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.33 | |||
| Day Typical Price | 17.33 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 66.81 |
Gmo High Risk Indicators
The analysis of Gmo High'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 Gmo High's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gmo 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 | 0.1026 | |||
| Standard Deviation | 0.1369 | |||
| Variance | 0.0187 | |||
| Downside Variance | 0.026 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.14) |
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 Gmo High
The number of cover stories for Gmo High depends on current market conditions and Gmo High's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gmo High 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 Gmo High'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 Gmo Mutual Fund
Gmo High financial ratios help investors to determine whether Gmo 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 Gmo with respect to the benefits of owning Gmo High security.
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