Inverse Dow Mutual Fund Forecast - Double Exponential Smoothing

RYCZX Fund  USD 83.29  0.37  0.45%   
The Double Exponential Smoothing forecasted value of Inverse Dow 2x on the next trading day is expected to be 83.06 with a mean absolute deviation of 1.03 and the sum of the absolute errors of 60.65. Inverse Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Inverse Dow's share price is below 20 indicating 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 Inverse Dow's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Inverse Dow 2x, which may create opportunities for some arbitrage if properly timed.
Using Inverse Dow hype-based prediction, you can estimate the value of Inverse Dow 2x from the perspective of Inverse Dow response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Inverse Dow 2x on the next trading day is expected to be 83.06 with a mean absolute deviation of 1.03 and the sum of the absolute errors of 60.65.

Inverse Dow after-hype prediction price

    
  USD 83.29  
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 Inverse Dow to cross-verify your projections.

Inverse Dow Additional Predictive Modules

Most predictive techniques to examine Inverse price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Inverse using various technical indicators. When you analyze Inverse 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Inverse Dow works best with periods where there are trends or seasonality.

Inverse Dow Double Exponential Smoothing Price Forecast For the 20th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Inverse Dow 2x on the next trading day is expected to be 83.06 with a mean absolute deviation of 1.03, mean absolute percentage error of 1.58, and the sum of the absolute errors of 60.65.
Please note that although there have been many attempts to predict Inverse 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 Inverse Dow's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Inverse Dow Mutual Fund Forecast Pattern

Backtest Inverse DowInverse Dow Price PredictionBuy or Sell Advice 

Inverse Dow Forecasted Value

In the context of forecasting Inverse Dow'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. Inverse Dow's downside and upside margins for the forecasting period are 81.69 and 84.43, respectively. We have considered Inverse Dow'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
83.29
83.06
Expected Value
84.43
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Inverse Dow mutual fund data series using in forecasting. Note that when a statistical model is used to represent Inverse Dow 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 -0.1834
MADMean absolute deviation1.0279
MAPEMean absolute percentage error0.0116
SAESum of the absolute errors60.6459
When Inverse Dow 2x 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 Inverse Dow 2x trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Inverse Dow observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Inverse Dow

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inverse Dow 2x. 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
81.9283.2984.66
Details
Intrinsic
Valuation
LowRealHigh
76.5477.9191.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Inverse Dow. Your research has to be compared to or analyzed against Inverse Dow's peers to derive any actionable benefits. When done correctly, Inverse Dow'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 Inverse Dow 2x.

Other Forecasting Options for Inverse Dow

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

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

Inverse Dow 2x Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Inverse Dow's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Inverse Dow's current price.

Inverse Dow Market Strength Events

Market strength indicators help investors to evaluate how Inverse Dow 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 Inverse Dow shares will generate the highest return on investment. By undertsting and applying Inverse Dow mutual fund market strength indicators, traders can identify Inverse Dow 2x entry and exit signals to maximize returns.

Inverse Dow Risk Indicators

The analysis of Inverse Dow'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 Inverse Dow's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inverse 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Inverse Mutual Fund

Inverse Dow financial ratios help investors to determine whether Inverse 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 Inverse with respect to the benefits of owning Inverse Dow security.
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