JPMorgan SmartRetirement Simple Exponential Smoothing

JP
SRJSX -- USA Fund  

USD 20.48  0.05  0.24%

Investors can use this prediction interface to forecast JPMorgan SmartRetirement historic prices and determine the direction of JPMorgan SmartRetirement 2035 F 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 JPMorgan SmartRetirement historical fundamentals such as revenue growth or operating cash flow patterns. Additionally take a look at Historical Fundamental Analysis of JPMorgan SmartRetirement to cross-verify your projections.
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Horizon     30 Days    Login   to change
JPMorgan SmartRetirement 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 JPMorgan SmartRetirement 2035 F are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as JPMorgan SmartRetirement prices get older.
Given 30 days horizon, the value of JPMorgan SmartRetirement 2035 F on the next trading day is expected to be 20.48

JPMorgan SmartRetirement Prediction Pattern

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JPMorgan SmartRetirement Forecasted Value

Market Value
20.48
January 18, 2020
20.48
Expected Value
23.31
Upside

Model Predictive Factors

AICAkaike Information Criteria113.1357
BiasArithmetic mean of the errors 0.0062
MADMean absolute deviation0.0842
MAPEMean absolute percentage error0.0041
SAESum of the absolute errors5.05
This simple exponential smoothing model begins by setting JPMorgan SmartRetirement 2035 F forecast for the second period equal to the observation of the first period. In other words, recent JPMorgan SmartRetirement observations are given relatively more weight in forecasting than the older observations.

Volatility Measures

JPMorgan SmartRetirement Risk Indicators