Fidelity Freedom Mutual Fund Forecast - Polynomial Regression

FBLPX Fund  USD 12.27  0.36  0.16%   
Fidelity Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fidelity Freedom stock prices and determine the direction of Fidelity Freedom Index'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 Fidelity Freedom historical fundamentals such as revenue growth or operating cash flow patterns.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
  
Most investors in Fidelity Freedom 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 Fidelity Freedom's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Fidelity Freedom's price structures and extracts relationships that further increase the generated results' accuracy.
Fidelity Freedom polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Fidelity Freedom Index as well as the accuracy indicators are determined from the period prices.

Fidelity Freedom Polynomial Regression Price Forecast For the 2nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Fidelity Freedom Index on the next trading day is expected to be 12.64 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.004088, and the sum of the absolute errors of 3.32.
Please note that although there have been many attempts to predict Fidelity 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 Fidelity Freedom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fidelity Freedom Mutual Fund Forecast Pattern

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Fidelity Freedom Forecasted Value

In the context of forecasting Fidelity Freedom'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. Fidelity Freedom's downside and upside margins for the forecasting period are 12.28 and 13.00, respectively. We have considered Fidelity Freedom'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 12.51
12.64
Expected Value
13.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Fidelity Freedom mutual fund data series using in forecasting. Note that when a statistical model is used to represent Fidelity Freedom 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 Criteria112.6108
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0544
MAPEMean absolute percentage error0.0045
SAESum of the absolute errors3.3199
A single variable polynomial regression model attempts to put a curve through the Fidelity Freedom historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Fidelity Freedom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fidelity Freedom Index. 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 Fidelity Freedom'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 Fidelity Freedom in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
12.1512.5112.87
Details
Intrinsic
Valuation
LowRealHigh
12.0812.4412.80
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.0012.3112.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fidelity Freedom. Your research has to be compared to or analyzed against Fidelity Freedom's peers to derive any actionable benefits. When done correctly, Fidelity Freedom'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 Fidelity Freedom Index.

Other Forecasting Options for Fidelity Freedom

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

Fidelity Freedom 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 Fidelity Freedom mutual fund to make a market-neutral strategy. Peer analysis of Fidelity Freedom could also be used in its relative valuation, which is a method of valuing Fidelity Freedom by comparing valuation metrics with similar companies.
Europac Gold FundFranklin Gold PreciousOppenheimer Gold SpecialVy Goldman SachsFidelity Advisor GoldGold And PreciousSprott Gold EquityAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron Corp
 Risk & Return  Correlation

Fidelity Freedom Index 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 Fidelity Freedom'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 Fidelity Freedom's current price.

Fidelity Freedom Risk Indicators

The analysis of Fidelity Freedom'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 Fidelity Freedom's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Fidelity Freedom 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.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fidelity Freedom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fidelity Freedom's short interest history, or implied volatility extrapolated from Fidelity Freedom options trading.

Becoming a Better Investor with Macroaxis

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Check out Historical Fundamental Analysis of Fidelity Freedom to cross-verify your projections.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Fidelity Mutual Fund analysis

When running Fidelity Freedom's price analysis, check to measure Fidelity Freedom'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 Fidelity Freedom is operating at the current time. Most of Fidelity Freedom's value examination focuses on studying past and present price action to predict the probability of Fidelity Freedom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Freedom's price. Additionally, you may evaluate how the addition of Fidelity Freedom to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fidelity Freedom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Freedom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Freedom'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.