Sextant International Mutual Fund Forecast - Simple Exponential Smoothing

SSIFX Fund  USD 24.18  0.02  0.08%   
The Simple Exponential Smoothing forecasted value of Sextant International Fund on the next trading day is expected to be 24.18 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 15.17. Sextant Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Sextant International'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 Sextant International's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Sextant International Fund, which may create opportunities for some arbitrage if properly timed.
Using Sextant International hype-based prediction, you can estimate the value of Sextant International Fund from the perspective of Sextant International response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Sextant International Fund on the next trading day is expected to be 24.18 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 15.17.

Sextant International after-hype prediction price

    
  USD 24.14  
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 Sextant International to cross-verify your projections.

Sextant International Additional Predictive Modules

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

Sextant International Simple Exponential Smoothing Price Forecast For the 25th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Sextant International Fund on the next trading day is expected to be 24.18 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.31, and the sum of the absolute errors of 15.17.
Please note that although there have been many attempts to predict Sextant 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 Sextant International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sextant International Mutual Fund Forecast Pattern

Backtest Sextant InternationalSextant International Price PredictionBuy or Sell Advice 

Sextant International Forecasted Value

In the context of forecasting Sextant International'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. Sextant International's downside and upside margins for the forecasting period are 21.28 and 27.08, respectively. We have considered Sextant International'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
24.18
24.18
Expected Value
27.08
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 Sextant International mutual fund data series using in forecasting. Note that when a statistical model is used to represent Sextant International 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 Criteria116.9305
BiasArithmetic mean of the errors -0.0618
MADMean absolute deviation0.2487
MAPEMean absolute percentage error0.0116
SAESum of the absolute errors15.17
This simple exponential smoothing model begins by setting Sextant International Fund forecast for the second period equal to the observation of the first period. In other words, recent Sextant International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Sextant International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sextant International. 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
21.2424.1427.04
Details
Intrinsic
Valuation
LowRealHigh
22.6525.5528.45
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.1822.3026.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sextant International. Your research has to be compared to or analyzed against Sextant International's peers to derive any actionable benefits. When done correctly, Sextant International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sextant International.

Sextant International After-Hype Price Prediction Density Analysis

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

Sextant International Estimiated After-Hype Price Volatility

In the context of predicting Sextant International's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sextant International's historical news coverage. Sextant International's after-hype downside and upside margins for the prediction period are 21.24 and 27.04, respectively. We have considered Sextant International'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
24.18
24.14
After-hype Price
27.04
Upside
Sextant International is not too volatile at this time. Analysis and calculation of next after-hype price of Sextant International is based on 3 months time horizon.

Sextant International Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Sextant International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sextant International 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 Sextant International, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.32 
2.90
  0.04 
  1.12 
1 Events / Month
2 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
24.18
24.14
0.17 
2,231  
Notes

Sextant International Hype Timeline

Sextant International is at this time traded for 24.18. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of -1.12. Sextant is forecasted to decline in value after the next headline, with the price expected to drop to 24.14. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -0.17%, whereas the daily expected return is at this time at 0.32%. The volatility of related hype on Sextant International is about 82.69%, with the expected price after the next announcement by competition of 23.06. 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 Sextant International to cross-verify your projections.

Sextant International Related Hype Analysis

Having access to credible news sources related to Sextant International's direct competition is more important than ever and may enhance your ability to predict Sextant International's future price movements. Getting to know how Sextant International'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 Sextant International 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
SIFZXSextant International Fund(0.14)1 per month 1.00  0.09  1.80 (2.18) 23.70 
SSGFXSextant Growth Fund 0.00 0 per month 0.94 (0.06) 1.36 (1.78) 4.84 
GESOXLazard Global Equity(10.97)9 per month 0.00 (0.13) 0.88 (1.25) 3.00 
GESIXLazard Global Equity(11.01)1 per month 0.00 (0.13) 0.84 (1.30) 2.95 
MSSVXAmg Frontier Small 0.09 1 per month 1.38  0.09  2.33 (2.67) 5.86 
ARFFXAriel Focus Fund(0.14)1 per month 0.47  0.14  1.88 (1.31) 14.87 
SPTESP Funds Trust(0.12)2 per month 1.43 (0.01) 1.75 (2.31) 5.49 
SEMCXSimt Mid Cap(12.79)6 per month 0.00  0.12  1.52 (1.40) 28.48 
SWYBXSchwab Target 2015 0.01 1 per month 0.25 (0.19) 0.52 (0.45) 1.41 
SIPIXSimt Mid Cap 0.00 0 per month 0.00  0.12  1.49 (1.40) 28.63 

Other Forecasting Options for Sextant International

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

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

Sextant International Market Strength Events

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

Sextant International Risk Indicators

The analysis of Sextant International'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 Sextant International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sextant 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 Sextant International

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

Sextant International financial ratios help investors to determine whether Sextant 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 Sextant with respect to the benefits of owning Sextant International security.
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