Smead Value Mutual Fund Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Smead Value - 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 Smead Value 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 Smead Value price movement. However, neither of these exponential smoothing models address any seasonality of Smead Value Fund.

Smead Value Triple Exponential Smoothing Price Forecast For the 19th of April

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Smead Value Fund on the next trading day is expected to be 78.50 with a mean absolute deviation of 0.54, mean absolute percentage error of 0.49, and the sum of the absolute errors of 31.92.

Smead Value Mutual Fund Forecast Pattern

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Smead Value Forecasted Value

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 Smead Value mutual fund data series using in forecasting. Note that when a statistical model is used to represent Smead Value 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. As with simple exponential smoothing, in triple exponential smoothing models past Smead Value 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 Smead Value Fund observations.

Predictive Modules for Smead Value

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Smead Value Fund. 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 77.99 78.86 79.73 Details

Intrinsic Valuation Low Real High 78.03 78.90 79.77 Details

Bollinger Band Projection (param) Low Middle High 78.65 78.97 79.29 Details

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

Other Forecasting Options for Smead Value

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

Smead Value Related Equities

Risk & Return

Correlation

Smead Value Fund 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 Smead Value'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 Smead Value's current price.

Smead Value Market Strength Events

Smead Value Risk Indicators

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Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Smead Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smead Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smead Value'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.