Hartford Equity Mutual Fund Forecast - 4 Period Moving Average

A four-period moving average forecast model for The Hartford Equity is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Hartford Equity 4 Period Moving Average Price Forecast For the 6th of May

Given 90 days horizon, the 4 Period Moving Average forecasted value of The Hartford Equity on the next trading day is expected to be 20.17 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.03.

Hartford Equity Mutual Fund Forecast Pattern

Backtest Hartford Equity

Hartford Equity Price Prediction

Buy or Sell Advice

Hartford Equity Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Hartford Equity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Hartford Equity 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. The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Hartford Equity. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for The Hartford Equity and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Hartford Equity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hartford Equity. 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 Low Estimated High 19.64 20.24 20.84 Details

Intrinsic Valuation Low Real High 19.57 20.17 20.77 Details

Bollinger Band Projection (param) Low Middle High 19.96 20.14 20.32 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hartford Equity. Your research has to be compared to or analyzed against Hartford Equity's peers to derive any actionable benefits. When done correctly, Hartford Equity'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 Hartford Equity.

Other Forecasting Options for Hartford Equity

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

Hartford Equity Related Equities

Risk & Return

Correlation

Hartford Equity 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 Hartford Equity'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 Hartford Equity's current price.

Hartford Equity Market Strength Events

Hartford Equity Risk Indicators

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Hartford Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.