Aberdeen Small Mutual Fund Forecast - Double Exponential Smoothing

Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Aberdeen Small works best with periods where there are trends or seasonality.

Aberdeen Small Double Exponential Smoothing Price Forecast For the 24th of April

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Aberdeen Small Cap on the next trading day is expected to be 30.39 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.12, and the sum of the absolute errors of 17.14.

Aberdeen Small Mutual Fund Forecast Pattern

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Aberdeen Small Price Prediction

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Aberdeen Small Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Aberdeen Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Aberdeen Small 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. When Aberdeen Small Cap 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 Aberdeen Small Cap trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Aberdeen Small observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Aberdeen Small

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aberdeen Small Cap. 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 29.35 30.45 31.55 Details

Intrinsic Valuation Low Real High 29.56 30.66 31.76 Details

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

Other Forecasting Options for Aberdeen Small

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

Aberdeen Small Related Equities

Risk & Return

Correlation

Aberdeen Small Cap 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 Aberdeen Small'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 Aberdeen Small's current price.

Aberdeen Small Market Strength Events

Aberdeen Small Risk Indicators

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

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