PRO-BLEND EXTENDED Mutual Fund Forecast - Naive Prediction

MNECX Fund  USD 17.48  0.01  0.06%   
PRO-BLEND Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PRO-BLEND EXTENDED historical stock prices and determine the direction of PRO-BLEND EXTENDED TERM'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 PRO-BLEND EXTENDED historical fundamentals such as revenue growth or operating cash flow patterns.
Additionally, see Historical Fundamental Analysis of PRO-BLEND EXTENDED to cross-verify your projections.
Most investors in PRO-BLEND EXTENDED 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 PRO-BLEND EXTENDED's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PRO-BLEND EXTENDED's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for PRO-BLEND EXTENDED is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of PRO-BLEND EXTENDED TERM value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

PRO-BLEND EXTENDED Naive Prediction Price Forecast For the 22nd of March

Given 90 days horizon, the Naive Prediction forecasted value of PRO-BLEND EXTENDED TERM on the next trading day is expected to be 17.60 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.007158, and the sum of the absolute errors of 4.11.
Please note that although there have been many attempts to predict PRO-BLEND 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 PRO-BLEND EXTENDED's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PRO-BLEND EXTENDED Mutual Fund Forecast Pattern

Backtest PRO-BLEND EXTENDEDPRO-BLEND EXTENDED Price PredictionBuy or Sell Advice 


In the context of forecasting PRO-BLEND EXTENDED'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. PRO-BLEND EXTENDED's downside and upside margins for the forecasting period are 17.04 and 18.17, respectively. We have considered PRO-BLEND EXTENDED'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 17.48
Expected Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of PRO-BLEND EXTENDED mutual fund data series using in forecasting. Note that when a statistical model is used to represent PRO-BLEND EXTENDED 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 Criteria113.1709
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0673
MAPEMean absolute percentage error0.0038
SAESum of the absolute errors4.1065
This model is not at all useful as a medium-long range forecasting tool of PRO-BLEND EXTENDED TERM. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict PRO-BLEND EXTENDED. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for PRO-BLEND EXTENDED

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PRO-BLEND EXTENDED TERM. 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 PRO-BLEND EXTENDED'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 PRO-BLEND EXTENDED in the context of predictive analytics.
LowEstimated ValueHigh
LowReal ValueHigh
Band Projection (param)
LowerMiddle BandUpper
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PRO-BLEND EXTENDED. Your research has to be compared to or analyzed against PRO-BLEND EXTENDED's peers to derive any actionable benefits. When done correctly, PRO-BLEND EXTENDED's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in PRO-BLEND EXTENDED TERM.

Other Forecasting Options for PRO-BLEND EXTENDED

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


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 PRO-BLEND EXTENDED mutual fund to make a market-neutral strategy. Peer analysis of PRO-BLEND EXTENDED could also be used in its relative valuation, which is a method of valuing PRO-BLEND EXTENDED by comparing valuation metrics with similar companies.
International BusinessMorningstar UnconstrainedAeye IncDallasnews CorpRYU ApparelICON LONGSHORT FUNDOrea Mining CorpMalaga FinancialAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health Corp
 Risk & Return  Correlation

PRO-BLEND EXTENDED TERM 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 PRO-BLEND EXTENDED'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 PRO-BLEND EXTENDED's current price.


The analysis of PRO-BLEND EXTENDED'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 PRO-BLEND EXTENDED's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting PRO-BLEND EXTENDED 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 PRO-BLEND EXTENDED 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, PRO-BLEND EXTENDED's short interest history, or implied volatility extrapolated from PRO-BLEND EXTENDED options trading.

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Additionally, see Historical Fundamental Analysis of PRO-BLEND EXTENDED to cross-verify your projections. Note that the PRO-BLEND EXTENDED TERM information on this page should be used as a complementary analysis to other PRO-BLEND EXTENDED'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for PRO-BLEND Mutual Fund analysis

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