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Results of Russell 2000 (RUT) Index Forecast

Updated Jul 7, 2020
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How are the forecasts offered by QForecast.com performing and what were the results of the forecasts made in the past? To ensure transparency, here are the results of the past predictions made by QForecast.com for Russell 2000 (RUT) index.
By default, this page shows the results of the forecasts made for Russell 2000 Index for the target date which has just passed. In most cases, it will be the latest Friday before today's date in EST timezone (or the prior business day in case the latest Friday happens to be a market holiday).
To check for the results of other forecasts made for other stocks/ on other forecasting dates/ for other target dates, please submit the above form by selecting appropriate values.

As of forecast date of Friday, 29 May 2020, the index of Russell 2000 closed at the value of 1,394.04. Based on the closing price and based on a few other key price forecasting parameters, the forecasts which were made by QForecast.com for various up-side and down-side target price levels are listed below. Additionally, the last two columns contain the results of the forecasts - whether the mentioned target levels were achieved ( Hit), or failed to achieve ( Miss), or if there is still time left to complete the forecast period ( Wait). Also included with the results are the dates during the forecasting period and the corresponding high and low prices of the Russell 2000 Index price, and whether those prices successfully exceeded the mentioned price target levels, or if they fell short of the expectations.

Past Prediction Results for Russell 2000 Index

Results of the forecasts made on Friday, 29 May 2020 for target levels for Russell 2000 index by target date Thursday, 02 July 2020 with the results achieved.
UP-SIDE Forecast Target Level Period RecommendationResult Result Comment
Good probability of 74.42% that price will go UP by +0.5% to the target level of 1,401.01from Mon, 01-Jun-20 to Thu, 02-Jul-2020  A probability of 74.42% represents a high chance of positive outcome. One can trade though stop-loss is advised. HitIndex hit a high of 1,537.62 on 08-Jun-2020
Moderate probability of 62.79% that price will go UP by +1% to the target level of 1,407.98from Mon, 01-Jun-20 to Thu, 02-Jul-2020  A probability of 62.79% represents a moderately higher chance of profitability. Trading with strict stop-loss advised for those who actively track and act on the market developments. HitIndex hit a high of 1,537.62 on 08-Jun-2020
Low probability of 41.86% that price will go UP by +2% to the target level of 1,421.92from Mon, 01-Jun-20 to Thu, 02-Jul-2020  A probability of 41.86% represents a risky proposition. The trade may be a gamble at your own risk. HitIndex hit a high of 1,537.62 on 08-Jun-2020
Low probability of 25.58% that price will go UP by +3% to the target level of 1,435.86from Mon, 01-Jun-20 to Thu, 02-Jul-2020  A probability of 25.58% represents a risky proposition. The trade may be a gamble at your own risk. HitIndex hit a high of 1,537.62 on 08-Jun-2020
As other UP-SIDE target levels had a probability of less-than 25%, no forecasts were made and results are not included.

DOWN-SIDE Forecast Target Level Period RecommendationResult Result Comment
Very High probability of 86.05% that price will go DOWN by -0.5% to the target level of 1,387.07from Mon, 01-Jun-20 to Thu, 02-Jul-2020  A probability of 86.05% represents a very high chance of positive outcome! Trade can be made with high chance of profit. HitIndex touched a low of 1,343.60 on 15-Jun-2020
Good probability of 79.07% that price will go DOWN by -1% to the target level of 1,380.10from Mon, 01-Jun-20 to Thu, 02-Jul-2020  A probability of 79.07% represents a high chance of positive outcome. One can trade though stop-loss is advised. HitIndex touched a low of 1,343.60 on 15-Jun-2020
Average probability of 51.16% that price will go DOWN by -2% to the target level of 1,366.16from Mon, 01-Jun-20 to Thu, 02-Jul-2020  A probability of 51.16% represents a game of 50-50 : it may hit, it may miss. Trade at your own risk! HitIndex touched a low of 1,343.60 on 15-Jun-2020
Since other DOWN-SIDE target levels had a probability of less-than 25%, no forecasts were made and results are not included.

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