Franklin Income Mutual Fund Forecast - 4 Period Moving Average
| FCISX Fund | USD 2.32 0.01 0.43% |
The 4 Period Moving Average forecasted value of Franklin Income Fund on the next trading day is expected to be 2.32 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.53. Franklin Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Franklin Income stock prices and determine the direction of Franklin Income Fund's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Franklin Income's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Franklin Income to cross-verify your projections. Franklin |
Most investors in Franklin Income cannot accurately predict what will happen the next trading day because, historically, fund 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 Franklin Income's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Franklin Income's price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for Franklin Income Fund 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. Franklin Income 4 Period Moving Average Price Forecast For the 20th of April
Given 90 days horizon, the 4 Period Moving Average forecasted value of Franklin Income Fund on the next trading day is expected to be 2.32 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.53.Please note that although there have been many attempts to predict Franklin 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 Franklin Income's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Franklin Income Mutual Fund Forecast Pattern
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Franklin Income Forecasted Value
In the context of forecasting Franklin Income'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. Franklin Income's downside and upside margins for the forecasting period are 1.94 and 2.69, respectively. We have considered Franklin Income'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Franklin Income mutual fund data series using in forecasting. Note that when a statistical model is used to represent Franklin Income 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 | 101.8054 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0093 |
| MAPE | Mean absolute percentage error | 0.004 |
| SAE | Sum of the absolute errors | 0.5275 |
Predictive Modules for Franklin Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Me 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Income'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.
Other Forecasting Options for Franklin Income
For every potential investor in Franklin, whether a beginner or expert, Franklin Income's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Franklin Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Franklin. Basic forecasting techniques help filter out the noise by identifying Franklin Income's price trends.Franklin Income 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 Franklin Income mutual fund to make a market-neutral strategy. Peer analysis of Franklin Income could also be used in its relative valuation, which is a method of valuing Franklin Income by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Franklin Me 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 Franklin Income'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 Franklin Income's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Franklin Income Market Strength Events
Market strength indicators help investors to evaluate how Franklin Income 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 Franklin Income shares will generate the highest return on investment. By undertsting and applying Franklin Income mutual fund market strength indicators, traders can identify Franklin Income Fund entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2.32 | |||
| Day Typical Price | 2.32 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Franklin Income Risk Indicators
The analysis of Franklin Income's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Franklin Income's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting franklin mutual fund prices, 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 | 0.2691 | |||
| Standard Deviation | 0.3869 | |||
| Variance | 0.1497 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Franklin Income to cross-verify your projections. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.