Virtus Dividend Fund Forecast - Double Exponential Smoothing

NFJ Fund  USD 12.80  0.08  0.62%   
The Double Exponential Smoothing forecasted value of Virtus Dividend Interest on the next trading day is expected to be 12.82 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.61. Virtus Fund Forecast is based on your current time horizon.
  
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 Virtus Dividend works best with periods where there are trends or seasonality.

Virtus Dividend Double Exponential Smoothing Price Forecast For the 23rd of September

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Virtus Dividend Interest on the next trading day is expected to be 12.82 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.61.
Please note that although there have been many attempts to predict Virtus 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 Virtus Dividend's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Virtus Dividend Fund Forecast Pattern

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Virtus Dividend Forecasted Value

In the context of forecasting Virtus Dividend's 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. Virtus Dividend's downside and upside margins for the forecasting period are 11.99 and 13.64, respectively. We have considered Virtus Dividend'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
12.80
12.82
Expected Value
13.64
Upside

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 Virtus Dividend fund data series using in forecasting. Note that when a statistical model is used to represent Virtus Dividend 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 -0.0182
MADMean absolute deviation0.0781
MAPEMean absolute percentage error0.0064
SAESum of the absolute errors4.6104
When Virtus Dividend Interest 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 Virtus Dividend Interest 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 Virtus Dividend observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Virtus Dividend

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus Dividend Interest. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Virtus Dividend'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
11.9812.8013.62
Details
Intrinsic
Valuation
LowRealHigh
11.8612.6813.50
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.9812.5313.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Virtus Dividend. Your research has to be compared to or analyzed against Virtus Dividend's peers to derive any actionable benefits. When done correctly, Virtus Dividend'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 Virtus Dividend Interest.

Other Forecasting Options for Virtus Dividend

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

View Virtus Dividend Related Equities

 Risk & Return  Correlation

Virtus Dividend Interest Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Virtus Dividend'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 Virtus Dividend's current price.

Virtus Dividend Market Strength Events

Market strength indicators help investors to evaluate how Virtus Dividend fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus Dividend shares will generate the highest return on investment. By undertsting and applying Virtus Dividend fund market strength indicators, traders can identify Virtus Dividend Interest entry and exit signals to maximize returns.

Virtus Dividend Risk Indicators

The analysis of Virtus Dividend'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 Virtus Dividend's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virtus 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.

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Other Information on Investing in Virtus Fund

Virtus Dividend financial ratios help investors to determine whether Virtus Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Virtus with respect to the benefits of owning Virtus Dividend security.
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