Navigator Tactical Mutual Fund Forecast - 20 Period Moving Average
| NTBAX Fund | USD 9.67 0.05 0.51% |
The 20 Period Moving Average forecasted value of Navigator Tactical Fixed on the next trading day is expected to be 9.78 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 1.72. Navigator Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Navigator Tactical stock prices and determine the direction of Navigator Tactical Fixed's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Navigator Tactical's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Navigator Tactical to cross-verify your projections. Navigator |
Most investors in Navigator Tactical 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 Navigator Tactical's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Navigator Tactical's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Navigator Tactical Fixed is based on a synthetically constructed Navigator Tacticaldaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Navigator Tactical 20 Period Moving Average Price Forecast For the 17th of April 2024
Given 90 days horizon, the 20 Period Moving Average forecasted value of Navigator Tactical Fixed on the next trading day is expected to be 9.78 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 1.72.Please note that although there have been many attempts to predict Navigator 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 Navigator Tactical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Navigator Tactical Mutual Fund Forecast Pattern
| Backtest Navigator Tactical | Navigator Tactical Price Prediction | Buy or Sell Advice |
Navigator Tactical Forecasted Value
In the context of forecasting Navigator Tactical'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. Navigator Tactical's downside and upside margins for the forecasting period are 9.53 and 10.03, respectively. We have considered Navigator Tactical'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Navigator Tactical mutual fund data series using in forecasting. Note that when a statistical model is used to represent Navigator Tactical 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.| AIC | Akaike Information Criteria | 75.4375 |
| Bias | Arithmetic mean of the errors | -0.0196 |
| MAD | Mean absolute deviation | 0.042 |
| MAPE | Mean absolute percentage error | 0.0043 |
| SAE | Sum of the absolute errors | 1.7215 |
Predictive Modules for Navigator Tactical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Navigator Tactical Fixed. 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 Navigator Tactical'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.
Other Forecasting Options for Navigator Tactical
For every potential investor in Navigator, whether a beginner or expert, Navigator Tactical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Navigator Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Navigator. Basic forecasting techniques help filter out the noise by identifying Navigator Tactical's price trends.Navigator Tactical 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 Navigator Tactical mutual fund to make a market-neutral strategy. Peer analysis of Navigator Tactical could also be used in its relative valuation, which is a method of valuing Navigator Tactical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Navigator Tactical Fixed 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 Navigator Tactical'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 Navigator Tactical's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Navigator Tactical Market Strength Events
Market strength indicators help investors to evaluate how Navigator Tactical 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 Navigator Tactical shares will generate the highest return on investment. By undertsting and applying Navigator Tactical mutual fund market strength indicators, traders can identify Navigator Tactical Fixed entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 9.67 | |||
| Day Typical Price | 9.67 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.05) |
Navigator Tactical Risk Indicators
The analysis of Navigator Tactical'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 Navigator Tactical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting navigator 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.
| Mean Deviation | 0.1872 | |||
| Semi Deviation | 0.2685 | |||
| Standard Deviation | 0.2512 | |||
| Variance | 0.0631 | |||
| Downside Variance | 0.1134 | |||
| Semi Variance | 0.0721 | |||
| Expected Short fall | (0.20) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Navigator Tactical to cross-verify your projections. Note that the Navigator Tactical Fixed information on this page should be used as a complementary analysis to other Navigator Tactical'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 Transaction History module to view history of all your transactions and understand their impact on performance.