Americafirst Tactical Mutual Fund Forecast - Triple Exponential Smoothing

ABRFX Fund  USD 16.17  0.24  1.51%   
The Triple Exponential Smoothing forecasted value of Americafirst Tactical Alpha on the next trading day is expected to be 16.33 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.90. Americafirst Mutual Fund Forecast is based on your current time horizon.
  
Triple exponential smoothing for Americafirst Tactical - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Americafirst Tactical prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Americafirst Tactical price movement. However, neither of these exponential smoothing models address any seasonality of Americafirst Tactical.

Americafirst Tactical Triple Exponential Smoothing Price Forecast For the 26th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Americafirst Tactical Alpha on the next trading day is expected to be 16.33 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.04, and the sum of the absolute errors of 8.90.
Please note that although there have been many attempts to predict Americafirst Mutual 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 Americafirst Tactical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Americafirst Tactical Mutual Fund Forecast Pattern

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Americafirst Tactical Forecasted Value

In the context of forecasting Americafirst Tactical's Mutual 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. Americafirst Tactical's downside and upside margins for the forecasting period are 15.14 and 17.51, respectively. We have considered Americafirst Tactical'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
16.17
16.33
Expected Value
17.51
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Americafirst Tactical mutual fund data series using in forecasting. Note that when a statistical model is used to represent Americafirst Tactical mutual 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0221
MADMean absolute deviation0.1509
MAPEMean absolute percentage error0.0103
SAESum of the absolute errors8.9031
As with simple exponential smoothing, in triple exponential smoothing models past Americafirst Tactical observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Americafirst Tactical Alpha observations.

Predictive Modules for Americafirst Tactical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Americafirst Tactical. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual 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
14.9916.1717.35
Details
Intrinsic
Valuation
LowRealHigh
16.0117.1918.37
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.8616.0916.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Americafirst Tactical. Your research has to be compared to or analyzed against Americafirst Tactical's peers to derive any actionable benefits. When done correctly, Americafirst Tactical'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 Americafirst Tactical.

Other Forecasting Options for Americafirst Tactical

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

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

Americafirst Tactical Technical and Predictive Analytics

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

Americafirst Tactical Market Strength Events

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

Americafirst Tactical Risk Indicators

The analysis of Americafirst Tactical'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 Americafirst Tactical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting americafirst mutual 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Americafirst Mutual Fund

Americafirst Tactical financial ratios help investors to determine whether Americafirst Mutual 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 Americafirst with respect to the benefits of owning Americafirst Tactical security.
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