Amana Growth Mutual Fund Forecast - Simple Moving Average

AMAGX Fund  USD 83.92  0.00  0.00%   
The Simple Moving Average forecasted value of Amana Growth Fund on the next trading day is expected to be 83.92 with a mean absolute deviation of 0.62 and the sum of the absolute errors of 36.36. Amana Mutual Fund Forecast is based on your current time horizon.
  
A two period moving average forecast for Amana Growth 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.

Amana Growth Simple Moving Average Price Forecast For the 4th of December

Given 90 days horizon, the Simple Moving Average forecasted value of Amana Growth Fund on the next trading day is expected to be 83.92 with a mean absolute deviation of 0.62, mean absolute percentage error of 0.65, and the sum of the absolute errors of 36.36.
Please note that although there have been many attempts to predict Amana 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 Amana Growth's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amana Growth Mutual Fund Forecast Pattern

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Amana Growth Forecasted Value

In the context of forecasting Amana Growth'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. Amana Growth's downside and upside margins for the forecasting period are 83.07 and 84.77, respectively. We have considered Amana Growth'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
83.92
83.92
Expected Value
84.77
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 Amana Growth mutual fund data series using in forecasting. Note that when a statistical model is used to represent Amana Growth 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 Criteria113.999
BiasArithmetic mean of the errors -0.0996
MADMean absolute deviation0.6164
MAPEMean absolute percentage error0.0074
SAESum of the absolute errors36.365
The simple moving average model is conceptually a linear regression of the current value of Amana Growth Fund price series against current and previous (unobserved) value of Amana Growth. 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 Amana Growth

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amana Growth. 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
83.0783.9284.77
Details
Intrinsic
Valuation
LowRealHigh
78.5779.4292.31
Details
Bollinger
Band Projection (param)
LowMiddleHigh
82.3283.3084.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Amana Growth. Your research has to be compared to or analyzed against Amana Growth's peers to derive any actionable benefits. When done correctly, Amana Growth'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 Amana Growth.

Other Forecasting Options for Amana Growth

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

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

Amana Growth 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 Amana Growth'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 Amana Growth's current price.

Amana Growth Market Strength Events

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

Amana Growth Risk Indicators

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

Amana Growth financial ratios help investors to determine whether Amana 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 Amana with respect to the benefits of owning Amana Growth security.
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