Sparinvest Mix Fund Forecast - Naive Prediction

SPIMLRKLA  DKK 99.56  0.18  0.18%   
The Naive Prediction forecasted value of Sparinvest Mix Lav on the next trading day is expected to be 99.48 with a mean absolute deviation of  0.14  and the sum of the absolute errors of 8.43. Sparinvest Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sparinvest Mix stock prices and determine the direction of Sparinvest Mix Lav's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sparinvest Mix's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out fundamental analysis of Sparinvest Mix to check your projections.
  
Most investors in Sparinvest Mix 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 Sparinvest Mix's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sparinvest Mix's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Sparinvest Mix is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Sparinvest Mix Lav 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.

Sparinvest Mix Naive Prediction Price Forecast For the 29th of March

Given 90 days horizon, the Naive Prediction forecasted value of Sparinvest Mix Lav on the next trading day is expected to be 99.48 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.43.
Please note that although there have been many attempts to predict Sparinvest 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 Sparinvest Mix's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sparinvest Mix Fund Forecast Pattern

Sparinvest Mix Forecasted Value

In the context of forecasting Sparinvest Mix's 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. Sparinvest Mix's downside and upside margins for the forecasting period are 99.24 and 99.71, respectively. We have considered Sparinvest Mix'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.
Market Value
99.56
99.48
Expected Value
99.71
Upside

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 Sparinvest Mix fund data series using in forecasting. Note that when a statistical model is used to represent Sparinvest Mix 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 Criteria114.7184
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1382
MAPEMean absolute percentage error0.0014
SAESum of the absolute errors8.4323
This model is not at all useful as a medium-long range forecasting tool of Sparinvest Mix Lav. 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 Sparinvest Mix. 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 Sparinvest Mix

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sparinvest Mix Lav. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Sparinvest Mix'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
95.5495.7896.02
Details
Intrinsic
Valuation
LowRealHigh
93.1393.37105.36
Details
Bollinger
Band Projection (param)
LowMiddleHigh
99.3399.5099.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sparinvest Mix. Your research has to be compared to or analyzed against Sparinvest Mix's peers to derive any actionable benefits. When done correctly, Sparinvest Mix's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sparinvest Mix Lav.

Other Forecasting Options for Sparinvest Mix

For every potential investor in Sparinvest, whether a beginner or expert, Sparinvest Mix's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sparinvest Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sparinvest. Basic forecasting techniques help filter out the noise by identifying Sparinvest Mix's price trends.

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

Sparinvest Mix Lav Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sparinvest Mix'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 Sparinvest Mix's current price.

Sparinvest Mix Market Strength Events

Market strength indicators help investors to evaluate how Sparinvest Mix fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparinvest Mix shares will generate the highest return on investment. By undertsting and applying Sparinvest Mix fund market strength indicators, traders can identify Sparinvest Mix Lav entry and exit signals to maximize returns.

Sparinvest Mix Risk Indicators

The analysis of Sparinvest Mix'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 Sparinvest Mix's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sparinvest 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.
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 Sparinvest Mix 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, Sparinvest Mix's short interest history, or implied volatility extrapolated from Sparinvest Mix options trading.

Currently Active Assets on Macroaxis

Check out fundamental analysis of Sparinvest Mix to check your projections.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Sparinvest Mix's price analysis, check to measure Sparinvest Mix'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 Sparinvest Mix is operating at the current time. Most of Sparinvest Mix's value examination focuses on studying past and present price action to predict the probability of Sparinvest Mix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparinvest Mix's price. Additionally, you may evaluate how the addition of Sparinvest Mix to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Sparinvest Mix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparinvest Mix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparinvest Mix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.