Poplar Forest Mutual Fund Forecast - Simple Moving Average
| PFPFX Fund | USD 51.88 0.44 0.84% |
The Simple Moving Average forecasted value of Poplar Forest Partners on the next trading day is expected to be 52.10 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 18.66. Poplar Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Poplar Forest stock prices and determine the direction of Poplar Forest Partners's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Poplar Forest's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Poplar Forest to cross-verify your projections. Poplar |
Most investors in Poplar Forest 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 Poplar Forest's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Poplar Forest's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Poplar Forest is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility. Poplar Forest Simple Moving Average Price Forecast For the 1st of June
Given 90 days horizon, the Simple Moving Average forecasted value of Poplar Forest Partners on the next trading day is expected to be 52.10 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.15, and the sum of the absolute errors of 18.66.Please note that although there have been many attempts to predict Poplar 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 Poplar Forest's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Poplar Forest Mutual Fund Forecast Pattern
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Poplar Forest Forecasted Value
In the context of forecasting Poplar Forest'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. Poplar Forest's downside and upside margins for the forecasting period are 51.49 and 52.70, respectively. We have considered Poplar Forest'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Poplar Forest mutual fund data series using in forecasting. Note that when a statistical model is used to represent Poplar Forest 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 | 112.5136 |
| Bias | Arithmetic mean of the errors | 0.0103 |
| MAD | Mean absolute deviation | 0.3162 |
| MAPE | Mean absolute percentage error | 0.006 |
| SAE | Sum of the absolute errors | 18.655 |
Predictive Modules for Poplar Forest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Poplar Forest Partners. 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 Poplar Forest'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 Poplar Forest
For every potential investor in Poplar, whether a beginner or expert, Poplar Forest's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Poplar Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Poplar. Basic forecasting techniques help filter out the noise by identifying Poplar Forest's price trends.Poplar Forest 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 Poplar Forest mutual fund to make a market-neutral strategy. Peer analysis of Poplar Forest could also be used in its relative valuation, which is a method of valuing Poplar Forest by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Poplar Forest Partners 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 Poplar Forest'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 Poplar Forest's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Poplar Forest Market Strength Events
Market strength indicators help investors to evaluate how Poplar Forest 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 Poplar Forest shares will generate the highest return on investment. By undertsting and applying Poplar Forest mutual fund market strength indicators, traders can identify Poplar Forest Partners 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 | 51.88 | |||
| Day Typical Price | 51.88 | |||
| Price Action Indicator | (0.22) | |||
| Period Momentum Indicator | (0.44) |
Poplar Forest Risk Indicators
The analysis of Poplar Forest'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 Poplar Forest's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting poplar 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 | 0.4518 | |||
| Semi Deviation | 0.6419 | |||
| Standard Deviation | 0.5798 | |||
| Variance | 0.3362 | |||
| Downside Variance | 0.4493 | |||
| Semi Variance | 0.412 | |||
| Expected Short fall | (0.42) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Poplar Forest to cross-verify your projections. Note that the Poplar Forest Partners information on this page should be used as a complementary analysis to other Poplar Forest'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.