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KSM MUTUAL ETF Forecast - Naive Prediction

KSM
Investors can use prediction functions to forecast KSM MUTUAL historic stock prices and determine the direction of KSM MUTUAL FUNDS L 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 KSM MUTUAL historical fundamentals such as revenue growth or operating cash flow patterns. See also Stocks Correlation.
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A naive forecasting model for KSM MUTUAL is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of KSM MUTUAL FUNDS L 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.
This model is not at all useful as a medium-long range forecasting tool of KSM MUTUAL FUNDS L. This model really is a simplistic model, and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly. 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.