Guinness Atkinson Mutual Fund Forecast - Triple Exponential Smoothing

ICHKX Fund  USD 17.19  0.04  0.23%   
The Triple Exponential Smoothing forecasted value of Guinness Atkinson China on the next trading day is expected to be 17.24 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.00. Guinness Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Guinness Atkinson's mutual fund price is slightly above 63. 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 Guinness, making its price go up or down.

Momentum 63

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Guinness Atkinson's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Guinness Atkinson China, which may create opportunities for some arbitrage if properly timed.
Using Guinness Atkinson hype-based prediction, you can estimate the value of Guinness Atkinson China from the perspective of Guinness Atkinson response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Guinness Atkinson China on the next trading day is expected to be 17.24 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.00.

Guinness Atkinson after-hype prediction price

    
  USD 17.19  
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 Guinness Atkinson to cross-verify your projections.

Guinness Atkinson Additional Predictive Modules

Most predictive techniques to examine Guinness price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Guinness using various technical indicators. When you analyze Guinness 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.
Triple exponential smoothing for Guinness Atkinson - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Guinness Atkinson 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 trend in Guinness Atkinson price movement. However, neither of these exponential smoothing models address any seasonality of Guinness Atkinson China.

Guinness Atkinson Triple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Guinness Atkinson China on the next trading day is expected to be 17.24 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.00.
Please note that although there have been many attempts to predict Guinness 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 Guinness Atkinson's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Guinness Atkinson Mutual Fund Forecast Pattern

Backtest Guinness AtkinsonGuinness Atkinson Price PredictionBuy or Sell Advice 

Guinness Atkinson Forecasted Value

In the context of forecasting Guinness Atkinson'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. Guinness Atkinson's downside and upside margins for the forecasting period are 16.46 and 18.02, respectively. We have considered Guinness Atkinson'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
17.19
17.24
Expected Value
18.02
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Guinness Atkinson mutual fund data series using in forecasting. Note that when a statistical model is used to represent Guinness Atkinson 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 0.0177
MADMean absolute deviation0.1167
MAPEMean absolute percentage error0.0071
SAESum of the absolute errors7.0025
As with simple exponential smoothing, in triple exponential smoothing models past Guinness Atkinson observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Guinness Atkinson China observations.

Predictive Modules for Guinness Atkinson

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guinness Atkinson China. 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
16.3917.1917.99
Details
Intrinsic
Valuation
LowRealHigh
16.2517.0517.85
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.0316.6617.30
Details

Guinness Atkinson After-Hype Price Prediction Density Analysis

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

Guinness Atkinson Estimiated After-Hype Price Volatility

In the context of predicting Guinness Atkinson's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Guinness Atkinson's historical news coverage. Guinness Atkinson's after-hype downside and upside margins for the prediction period are 16.39 and 17.99, respectively. We have considered Guinness Atkinson'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
17.19
17.19
After-hype Price
17.99
Upside
Guinness Atkinson is very steady at this time. Analysis and calculation of next after-hype price of Guinness Atkinson China is based on 3 months time horizon.

Guinness Atkinson Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Guinness Atkinson is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Guinness Atkinson 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 Guinness Atkinson, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
0.78
 0.00  
  0.09 
0 Events / Month
2 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
17.19
17.19
0.00 
0.00  
Notes

Guinness Atkinson Hype Timeline

Guinness Atkinson China is currently traded for 17.19. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.09. Guinness 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 insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.08%. %. The volatility of related hype on Guinness Atkinson is about 68.02%, with the expected price after the next announcement by competition of 17.10. The company has price-to-book (P/B) ratio of 1.34. Some equities with similar Price to Book (P/B) outperform the market in the long run. Guinness Atkinson China last dividend was issued on the 6th of December 2019. Assuming the 90 days horizon the next forecasted press release will be uncertain.
Check out Historical Fundamental Analysis of Guinness Atkinson to cross-verify your projections.

Guinness Atkinson Related Hype Analysis

Having access to credible news sources related to Guinness Atkinson's direct competition is more important than ever and may enhance your ability to predict Guinness Atkinson's future price movements. Getting to know how Guinness Atkinson'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 Guinness Atkinson 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
LVAMXLsv Managed Volatility 0.03 1 per month 0.00  0.11  1.30 (0.90) 24.86 
JMCRXJames Micro Cap 0.00 0 per month 0.69  0.09  2.38 (1.65) 4.20 
BGRWXBarrett Growth Fund 0.00 0 per month 0.20  0.11  1.14 (0.88) 15.46 
WSCVXWalthausen Small Cap(0.06)2 per month 0.43  0.18  2.25 (1.37) 15.75 
TEEAXRbc Small Cap 0.02 3 per month 0.38  0.02  2.37 (1.42) 5.06 
PLBEXPlumb Equity Fund 0.04 7 per month 1.13 (0.04) 1.71 (2.05) 4.50 
MASNXLitman Gregory Masters 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
RIVSXRiver Oak Discovery(10.35)6 per month 0.82  0.09  2.43 (1.67) 5.10 
RYBCXBasic Materials Fund 0.00 0 per month 0.80  0.21  2.31 (2.01) 14.56 

Other Forecasting Options for Guinness Atkinson

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

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

Guinness Atkinson Market Strength Events

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

Guinness Atkinson Risk Indicators

The analysis of Guinness Atkinson'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 Guinness Atkinson's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guinness 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 Guinness Atkinson

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

Guinness Atkinson financial ratios help investors to determine whether Guinness 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 Guinness with respect to the benefits of owning Guinness Atkinson security.
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