First Eagle Mutual Fund Forecast - Simple Exponential Smoothing
SGOIX Fund | USD 25.69 0.17 0.67% |
The Simple Exponential Smoothing forecasted value of First Eagle Overseas on the next trading day is expected to be 25.69 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.09. First Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast First Eagle stock prices and determine the direction of First Eagle Overseas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of First Eagle's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of First Eagle to cross-verify your projections. First |
Most investors in First Eagle 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 First Eagle's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets First Eagle's price structures and extracts relationships that further increase the generated results' accuracy.
First Eagle simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for First Eagle Overseas are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as First Eagle Overseas prices get older. First Eagle Simple Exponential Smoothing Price Forecast For the 29th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of First Eagle Overseas on the next trading day is expected to be 25.69 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.09.Please note that although there have been many attempts to predict First 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 First Eagle's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
First Eagle Mutual Fund Forecast Pattern
Backtest First Eagle | First Eagle Price Prediction | Buy or Sell Advice |
First Eagle Forecasted Value
In the context of forecasting First Eagle'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. First Eagle's downside and upside margins for the forecasting period are 25.16 and 26.22, respectively. We have considered First Eagle'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of First Eagle mutual fund data series using in forecasting. Note that when a statistical model is used to represent First Eagle 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 | 112.2368 |
Bias | Arithmetic mean of the errors | -0.0162 |
MAD | Mean absolute deviation | 0.1015 |
MAPE | Mean absolute percentage error | 0.0041 |
SAE | Sum of the absolute errors | 6.09 |
Predictive Modules for First Eagle
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Eagle Overseas. 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 First Eagle'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 First Eagle
For every potential investor in First, whether a beginner or expert, First Eagle's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First Eagle's price trends.First Eagle 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 First Eagle mutual fund to make a market-neutral strategy. Peer analysis of First Eagle could also be used in its relative valuation, which is a method of valuing First Eagle by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
First Eagle Overseas 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 First Eagle'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 First Eagle's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
First Eagle Market Strength Events
Market strength indicators help investors to evaluate how First Eagle 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 First Eagle shares will generate the highest return on investment. By undertsting and applying First Eagle mutual fund market strength indicators, traders can identify First Eagle Overseas entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 25.69 | |||
Day Typical Price | 25.69 | |||
Price Action Indicator | 0.085 | |||
Period Momentum Indicator | 0.17 | |||
Relative Strength Index | 21.44 |
First Eagle Risk Indicators
The analysis of First Eagle'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 First Eagle's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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 | 0.3966 | |||
Semi Deviation | 0.4523 | |||
Standard Deviation | 0.5231 | |||
Variance | 0.2736 | |||
Downside Variance | 0.3264 | |||
Semi Variance | 0.2046 | |||
Expected Short fall | (0.45) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Eagle in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Eagle's short interest history, or implied volatility extrapolated from First Eagle options trading.
Currently Active Assets on Macroaxis
Check out Historical Fundamental Analysis of First Eagle to cross-verify your projections. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for First Mutual Fund analysis
When running First Eagle's price analysis, check to measure First Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Eagle is operating at the current time. Most of First Eagle's value examination focuses on studying past and present price action to predict the probability of First Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Eagle's price. Additionally, you may evaluate how the addition of First Eagle to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |