# Eubel Brady Mutual Fund Forecast - Naive Prediction

EBSFX Fund | USD 9.51 0.01 0.11% |

Eubel Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eubel Brady stock prices and determine the direction of Eubel Brady Suttman's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Eubel Brady historical fundamentals such as revenue growth or operating cash flow patterns.

Check out fundamental analysis of Eubel Brady to check your projections. Eubel |

Most investors in Eubel Brady cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Eubel Brady's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Eubel Brady's price structures and extracts relationships that further increase the generated results' accuracy.

A naive forecasting model for Eubel Brady is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Eubel Brady Suttman value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period. ## Eubel Brady Naive Prediction Price Forecast For the 26th of February

Given 90 days horizon, the Naive Prediction forecasted value of Eubel Brady Suttman on the next trading day is expected to be 9.50 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.95.Please note that although there have been many attempts to predict Eubel 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 Eubel Brady's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

## Eubel Brady Mutual Fund Forecast Pattern

## Eubel Brady Forecasted Value

In the context of forecasting Eubel Brady'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. Eubel Brady's downside and upside margins for the forecasting period are 9.31 and 9.68, respectively. We have considered Eubel Brady'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Eubel Brady mutual fund data series using in forecasting. Note that when a statistical model is used to represent Eubel Brady 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 | 110.2049 |

Bias | Arithmetic mean of the errors | None |

MAD | Mean absolute deviation | 0.0156 |

MAPE | Mean absolute percentage error | 0.0016 |

SAE | Sum of the absolute errors | 0.9514 |

## Predictive Modules for Eubel Brady

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eubel Brady Suttman. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Eubel Brady's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Eubel Brady in the context of predictive analytics.

## Other Forecasting Options for Eubel Brady

For every potential investor in Eubel, whether a beginner or expert, Eubel Brady's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eubel Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eubel. Basic forecasting techniques help filter out the noise by identifying Eubel Brady's price trends.## Eubel Brady 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 Eubel Brady mutual fund to make a market-neutral strategy. Peer analysis of Eubel Brady could also be used in its relative valuation, which is a method of valuing Eubel Brady by comparing valuation metrics with similar companies.

Risk & Return | Correlation |

## Eubel Brady Suttman Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Eubel Brady'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 Eubel Brady's current price.Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

## Eubel Brady Market Strength Events

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

Daily Balance Of Power | 9.2 T | |||

Rate Of Daily Change | 1.0 | |||

Day Median Price | 9.51 | |||

Day Typical Price | 9.51 | |||

Price Action Indicator | 0.005 | |||

Period Momentum Indicator | 0.01 |

## Eubel Brady Risk Indicators

The analysis of Eubel Brady's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Eubel Brady's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Eubel Brady stock price, 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 | 0.1389 | |||

Standard Deviation | 0.1775 | |||

Variance | 0.0315 | |||

Downside Variance | 0.0463 | |||

Semi Variance | (0.01) | |||

Expected Short fall | (0.19) |

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

## Pair Trading with Eubel Brady

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eubel Brady position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eubel Brady will appreciate offsetting losses from the drop in the long position's value.### Moving together with Eubel Mutual Fund

0.82 | VTSAX | Vanguard Total Stock | PairCorr | |

0.79 | VFIAX | Vanguard 500 Index | PairCorr | |

0.82 | VTSMX | Vanguard Total Stock | PairCorr | |

0.82 | VITSX | Vanguard Total Stock | PairCorr | |

0.82 | VSTSX | Vanguard Total Stock | PairCorr |

### Moving against Eubel Mutual Fund

0.81 | RYMJX | Commodities Strategy Fund | PairCorr | |

0.6 | RYMEX | Commodities Strategy Fund | PairCorr | |

0.6 | RYMBX | Commodities Strategy Fund | PairCorr |

The ability to find closely correlated positions to Eubel Brady could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eubel Brady when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eubel Brady - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eubel Brady Suttman to buy it.

The correlation of Eubel Brady is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eubel Brady moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eubel Brady Suttman moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eubel Brady can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out fundamental analysis of Eubel Brady to check your projections. Note that the Eubel Brady Suttman information on this page should be used as a complementary analysis to other Eubel Brady's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

## Complementary Tools for Eubel Mutual Fund analysis

When running Eubel Brady's price analysis, check to measure Eubel Brady's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eubel Brady is operating at the current time. Most of Eubel Brady's value examination focuses on studying past and present price action to predict the probability of Eubel Brady's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eubel Brady's price. Additionally, you may evaluate how the addition of Eubel Brady to your portfolios can decrease your overall portfolio volatility.

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