PRO-BLEND EXTENDED Mutual Fund Forecast - Naive Prediction

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.

PRO-BLEND EXTENDED Mutual Fund Forecast Pattern

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PRO-BLEND EXTENDED Forecasted 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. 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.

Hype Prediction Low Estimated Value High 16.91 17.48 18.05 Details

Intrinsic Valuation Low Real Value High 16.91 17.48 18.05 Details

Bollinger Band Projection (param) Lower Middle Band Upper 17.07 17.34 17.60 Details

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.

PRO-BLEND EXTENDED Related Equities

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.

PRO-BLEND EXTENDED Risk Indicators

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Technical Analysis Details

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.