American Mutual Mutual Fund Forecast - Simple Moving Average

AFMFX Fund  USD 60.24  0.29  0.48%   
The Simple Moving Average forecasted value of American Mutual Fund on the next trading day is expected to be 60.24 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 17.71. American Mutual Fund Forecast is based on your current time horizon.
  
A two period moving average forecast for American Mutual is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

American Mutual Simple Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the Simple Moving Average forecasted value of American Mutual Fund on the next trading day is expected to be 60.24 with a mean absolute deviation of 0.30, mean absolute percentage error of 0.15, and the sum of the absolute errors of 17.71.
Please note that although there have been many attempts to predict American 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 American Mutual's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American Mutual Mutual Fund Forecast Pattern

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American Mutual Forecasted Value

In the context of forecasting American Mutual'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. American Mutual's downside and upside margins for the forecasting period are 59.67 and 60.81, respectively. We have considered American Mutual'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
60.24
60.24
Expected Value
60.81
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of American Mutual mutual fund data series using in forecasting. Note that when a statistical model is used to represent American Mutual 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 Criteria112.5231
BiasArithmetic mean of the errors -0.0669
MADMean absolute deviation0.3002
MAPEMean absolute percentage error0.0051
SAESum of the absolute errors17.71
The simple moving average model is conceptually a linear regression of the current value of American Mutual Fund price series against current and previous (unobserved) value of American Mutual. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for American Mutual

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Mutual. 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
59.6760.2460.81
Details
Intrinsic
Valuation
LowRealHigh
59.2259.7960.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Mutual. Your research has to be compared to or analyzed against American Mutual's peers to derive any actionable benefits. When done correctly, American Mutual'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 American Mutual.

Other Forecasting Options for American Mutual

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

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

American Mutual 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 American Mutual'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 American Mutual's current price.

American Mutual Market Strength Events

Market strength indicators help investors to evaluate how American Mutual 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 American Mutual shares will generate the highest return on investment. By undertsting and applying American Mutual mutual fund market strength indicators, traders can identify American Mutual Fund entry and exit signals to maximize returns.

American Mutual Risk Indicators

The analysis of American Mutual'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 American Mutual's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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 American Mutual Fund

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