# PNC Multi Naive Prediction

PEWAX -- USA Fund

## USD 33.640.290.87%

Investors can use this prediction interface to forecast PNC Multi historic prices and determine the direction of PNC Multi Factor Large Cap Grow 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 PNC Multi historical fundamentals such as revenue growth or operating cash flow patterns. Additionally take a look at Historical Fundamental Analysis of PNC Multi to cross-verify your projections.
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 Horizon 30 Days     to change
A naive forecasting model for PNC Multi is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of PNC Multi Factor Large Cap Grow 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.
Given 30 days horizon, the value of PNC Multi Factor Large Cap Grow on the next trading day is expected to be 33.620995

## PNC Multi Factor Prediction Pattern

 Backtest PNC Multi | PNC Multi Price Prediction | Buy or Sell Advice

## PNC Multi Forecasted Value

Market Value
33.64
December 16, 2019
33.62
Expected Value
Target Odds
 Above Odds Below Odds
38.78
Upside

## Model Predictive Factors

 AIC Akaike Information Criteria 116.6148 Bias Arithmetic mean of the errors None MAD Mean absolute deviation 0.2762 MAPE Mean absolute percentage error 0.0082 SAE Sum of the absolute errors 16.8492
This model is not at all useful as a medium-long range forecasting tool of PNC Multi Factor Large Cap Grow. 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.

## PNC Multi Technical Indicators

### PNC Multi Factor Technical and Predictive Analytics

 Cycle Indicators Math Operators Math Transform Momentum Indicators Overlap Studies Pattern Recognition Price Transform Statistic Functions Volatility Indicators Volume Indicators

## Volatility Measures

### PNC Multi Risk Indicators

 Mean Deviation 0.6759 Standard Deviation 1.68 Variance 2.84
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