Amundi Label Fund Forecast - Simple Exponential Smoothing

0P00008W6M  EUR 293.90  1.53  0.52%   
The Simple Exponential Smoothing forecasted value of Amundi Label Actions on the next trading day is expected to be 293.87 with a mean absolute deviation of 1.87 and the sum of the absolute errors of 112.48. Amundi Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Amundi Label stock prices and determine the direction of Amundi Label Actions's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Amundi Label's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Amundi Label 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 Amundi Label Actions are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Amundi Label Actions prices get older.

Amundi Label Simple Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Amundi Label Actions on the next trading day is expected to be 293.87 with a mean absolute deviation of 1.87, mean absolute percentage error of 5.27, and the sum of the absolute errors of 112.48.
Please note that although there have been many attempts to predict Amundi 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 Amundi Label's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amundi Label Fund Forecast Pattern

Backtest Amundi LabelAmundi Label Price PredictionBuy or Sell Advice 

Amundi Label Forecasted Value

In the context of forecasting Amundi Label'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. Amundi Label's downside and upside margins for the forecasting period are 293.09 and 294.66, respectively. We have considered Amundi Label'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
293.90
293.09
Downside
293.87
Expected Value
294.66
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Amundi Label fund data series using in forecasting. Note that when a statistical model is used to represent Amundi Label 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 Criteria117.9338
BiasArithmetic mean of the errors -0.0224
MADMean absolute deviation1.8747
MAPEMean absolute percentage error0.0062
SAESum of the absolute errors112.4799
This simple exponential smoothing model begins by setting Amundi Label Actions forecast for the second period equal to the observation of the first period. In other words, recent Amundi Label observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Amundi Label

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amundi Label Actions. 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.
Hype
Prediction
LowEstimatedHigh
293.12293.90294.68
Details
Intrinsic
Valuation
LowRealHigh
251.97252.75323.29
Details
Bollinger
Band Projection (param)
LowMiddleHigh
289.13298.73308.33
Details

Other Forecasting Options for Amundi Label

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

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

Amundi Label Actions 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 Amundi Label'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 Amundi Label's current price.

Amundi Label Market Strength Events

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

Amundi Label Risk Indicators

The analysis of Amundi Label'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 Amundi Label's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amundi 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.

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Other Information on Investing in Amundi Fund

Amundi Label financial ratios help investors to determine whether Amundi Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Amundi with respect to the benefits of owning Amundi Label security.
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