Ishares Municipal Mutual Fund Forecast - Triple Exponential Smoothing

BIDPX Fund  USD 11.03  0.01  0.09%   
The Triple Exponential Smoothing forecasted value of Ishares Municipal Bond on the next trading day is expected to be 11.03 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.38. Ishares Mutual Fund Forecast is based on your current time horizon.
At this time, The relative strength index (RSI) of Ishares Municipal's share price is at 56 suggesting 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 Ishares Municipal, making its price go up or down.

Momentum 56

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Ishares Municipal's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Ishares Municipal Bond, which may create opportunities for some arbitrage if properly timed.
Using Ishares Municipal hype-based prediction, you can estimate the value of Ishares Municipal Bond from the perspective of Ishares Municipal response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Ishares Municipal Bond on the next trading day is expected to be 11.03 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.38.

Ishares Municipal after-hype prediction price

    
  USD 11.03  
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 Ishares Municipal to cross-verify your projections.

Ishares Municipal Additional Predictive Modules

Most predictive techniques to examine Ishares price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ishares using various technical indicators. When you analyze Ishares 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 Ishares Municipal - 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 Ishares Municipal 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 Ishares Municipal price movement. However, neither of these exponential smoothing models address any seasonality of Ishares Municipal Bond.

Ishares Municipal Triple Exponential Smoothing Price Forecast For the 23rd of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Ishares Municipal Bond on the next trading day is expected to be 11.03 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.38.
Please note that although there have been many attempts to predict Ishares 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 Ishares Municipal's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ishares Municipal Mutual Fund Forecast Pattern

Backtest Ishares MunicipalIshares Municipal Price PredictionBuy or Sell Advice 

Ishares Municipal Forecasted Value

In the context of forecasting Ishares Municipal'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. Ishares Municipal's downside and upside margins for the forecasting period are 10.93 and 11.13, respectively. We have considered Ishares Municipal'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
11.03
11.03
Expected Value
11.13
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 Ishares Municipal mutual fund data series using in forecasting. Note that when a statistical model is used to represent Ishares Municipal 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 -0.001
MADMean absolute deviation0.0064
MAPEMean absolute percentage error6.0E-4
SAESum of the absolute errors0.38
As with simple exponential smoothing, in triple exponential smoothing models past Ishares Municipal 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 Ishares Municipal Bond observations.

Predictive Modules for Ishares Municipal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ishares Municipal Bond. 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
10.9311.0311.13
Details
Intrinsic
Valuation
LowRealHigh
10.0410.1412.13
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.9511.0311.10
Details

Ishares Municipal After-Hype Price Prediction Density Analysis

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

Ishares Municipal Estimiated After-Hype Price Volatility

In the context of predicting Ishares Municipal's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ishares Municipal's historical news coverage. Ishares Municipal's after-hype downside and upside margins for the prediction period are 10.93 and 11.13, respectively. We have considered Ishares Municipal'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
11.03
11.03
After-hype Price
11.13
Upside
Ishares Municipal is very steady at this time. Analysis and calculation of next after-hype price of Ishares Municipal Bond is based on 3 months time horizon.

Ishares Municipal Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Ishares Municipal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ishares Municipal 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 Ishares Municipal, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
0.10
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.03
11.03
0.00 
0.00  
Notes

Ishares Municipal Hype Timeline

Ishares Municipal Bond is currently traded for 11.03. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Ishares is projected 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 projected to be very small, whereas the daily expected return is currently at 0.01%. %. The volatility of related hype on Ishares Municipal is about 7000.0%, with the expected price after the next announcement by competition of 11.03. Assuming the 90 days horizon the next projected press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Ishares Municipal to cross-verify your projections.

Ishares Municipal Related Hype Analysis

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

Other Forecasting Options for Ishares Municipal

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

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

Ishares Municipal Market Strength Events

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

Ishares Municipal Risk Indicators

The analysis of Ishares Municipal'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 Ishares Municipal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ishares 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 Ishares Municipal

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

Ishares Municipal financial ratios help investors to determine whether Ishares 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 Ishares with respect to the benefits of owning Ishares Municipal security.
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