Growth Fund Mutual Fund Forecast - Naive Prediction

RGACX Fund  USD 60.52  0.00  0.00%   
The Naive Prediction forecasted value of Growth Fund Of on the next trading day is expected to be 61.02 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 26.15. Growth Mutual Fund Forecast is based on your current time horizon.
  
Most investors in Growth Fund 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 Growth Fund's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Growth Fund's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Growth Fund is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Growth Fund Of 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.

Growth Fund Naive Prediction Price Forecast For the 17th of June 2024

Given 90 days horizon, the Naive Prediction forecasted value of Growth Fund Of on the next trading day is expected to be 61.02 with a mean absolute deviation of 0.43, mean absolute percentage error of 0.27, and the sum of the absolute errors of 26.15.
Please note that although there have been many attempts to predict Growth 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 Growth Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Growth Fund Mutual Fund Forecast Pattern

Backtest Growth FundGrowth Fund Price PredictionBuy or Sell Advice 

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 Growth Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Growth Fund 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 Criteria116.796
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4287
MAPEMean absolute percentage error0.0075
SAESum of the absolute errors26.1511
This model is not at all useful as a medium-long range forecasting tool of Growth Fund Of. 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 Growth Fund. 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 Growth Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Growth Fund. 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 Growth Fund'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
60.5260.5260.52
Details
Intrinsic
Valuation
LowRealHigh
59.6759.6766.57
Details
Bollinger
Band Projection (param)
LowMiddleHigh
56.9859.4161.84
Details

Growth Fund 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 Growth Fund mutual fund to make a market-neutral strategy. Peer analysis of Growth Fund could also be used in its relative valuation, which is a method of valuing Growth Fund by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Growth Fund Market Strength Events

Market strength indicators help investors to evaluate how Growth Fund 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 Growth Fund shares will generate the highest return on investment. By undertsting and applying Growth Fund mutual fund market strength indicators, traders can identify Growth Fund Of entry and exit signals to maximize returns.

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.

Other Information on Investing in Growth Mutual Fund

Growth Fund financial ratios help investors to determine whether Growth Mutual 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 Growth with respect to the benefits of owning Growth Fund security.
CEOs Directory
Screen CEOs from public companies around the world
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges