Investors can use this prediction interface to forecast American Century historic prices and determine the direction of American Century Mid Cap Value future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of American Century historical fundamentals such as revenue growth or operating cash flow patterns. Check also Historical Fundamental Analysis of American Century to cross-verify your projections.
A four-period moving average forecast model for American Century Mid Cap Value is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of American Century. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for American Century Mid Cap Value and therefore, it cannot be a useful forecasting tool for medium or long range price predictions