Fa529 Eq Mutual Fund Forecast - Triple Exponential Smoothing

FEGDX Fund  USD 78.76  0.68  0.86%   
The Triple Exponential Smoothing forecasted value of Fa529 Eq Gr on the next trading day is expected to be 78.50 with a mean absolute deviation of  0.64  and the sum of the absolute errors of 37.93. Fa529 Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fa529 Eq stock prices and determine the direction of Fa529 Eq Gr's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fa529 Eq's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out fundamental analysis of Fa529 Eq to check your projections.
  
Most investors in Fa529 Eq 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 Fa529 Eq's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Fa529 Eq's price structures and extracts relationships that further increase the generated results' accuracy.
Triple exponential smoothing for Fa529 Eq - 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 Fa529 Eq 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 Fa529 Eq price movement. However, neither of these exponential smoothing models address any seasonality of Fa529 Eq Gr.

Fa529 Eq Triple Exponential Smoothing Price Forecast For the 20th of April

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Fa529 Eq Gr on the next trading day is expected to be 78.50 with a mean absolute deviation of 0.64, mean absolute percentage error of 0.66, and the sum of the absolute errors of 37.93.
Please note that although there have been many attempts to predict Fa529 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 Fa529 Eq's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fa529 Eq Mutual Fund Forecast Pattern

Fa529 Eq Forecasted Value

In the context of forecasting Fa529 Eq'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. Fa529 Eq's downside and upside margins for the forecasting period are 77.49 and 79.51, respectively. We have considered Fa529 Eq'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
78.76
78.50
Expected Value
79.51
Upside

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 Fa529 Eq mutual fund data series using in forecasting. Note that when a statistical model is used to represent Fa529 Eq 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 CriteriaHuge
BiasArithmetic mean of the errors 0.1782
MADMean absolute deviation0.6429
MAPEMean absolute percentage error0.008
SAESum of the absolute errors37.9313
As with simple exponential smoothing, in triple exponential smoothing models past Fa529 Eq 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 Fa529 Eq Gr observations.

Predictive Modules for Fa529 Eq

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fa529 Eq Gr. 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 Fa529 Eq'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.
Hype
Prediction
LowEstimatedHigh
77.8078.8179.82
Details
Intrinsic
Valuation
LowRealHigh
77.7578.7679.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fa529 Eq. Your research has to be compared to or analyzed against Fa529 Eq's peers to derive any actionable benefits. When done correctly, Fa529 Eq'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 Fa529 Eq Gr.

Other Forecasting Options for Fa529 Eq

For every potential investor in Fa529, whether a beginner or expert, Fa529 Eq's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fa529 Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fa529. Basic forecasting techniques help filter out the noise by identifying Fa529 Eq's price trends.

Fa529 Eq 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 Fa529 Eq mutual fund to make a market-neutral strategy. Peer analysis of Fa529 Eq could also be used in its relative valuation, which is a method of valuing Fa529 Eq by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Fa529 Eq Gr 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 Fa529 Eq'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 Fa529 Eq's current price.

Fa529 Eq Market Strength Events

Market strength indicators help investors to evaluate how Fa529 Eq 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 Fa529 Eq shares will generate the highest return on investment. By undertsting and applying Fa529 Eq mutual fund market strength indicators, traders can identify Fa529 Eq Gr entry and exit signals to maximize returns.

Fa529 Eq Risk Indicators

The analysis of Fa529 Eq'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 Fa529 Eq's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fa529 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.
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.
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 Fa529 Eq 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, Fa529 Eq's short interest history, or implied volatility extrapolated from Fa529 Eq options trading.

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Check out fundamental analysis of Fa529 Eq to check your projections.
Note that the Fa529 Eq Gr information on this page should be used as a complementary analysis to other Fa529 Eq's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between Fa529 Eq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fa529 Eq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fa529 Eq'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.