Artisan Developing Mutual Fund Forecast - Double Exponential Smoothing

APHYX Fund  USD 22.33  0.13  0.58%   
The Double Exponential Smoothing forecasted value of Artisan Developing World on the next trading day is expected to be 22.38 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 10.98. Artisan Mutual Fund Forecast is based on your current time horizon.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Artisan Developing works best with periods where there are trends or seasonality.

Artisan Developing Double Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Artisan Developing World on the next trading day is expected to be 22.38 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.06, and the sum of the absolute errors of 10.98.
Please note that although there have been many attempts to predict Artisan 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 Artisan Developing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Artisan Developing Mutual Fund Forecast Pattern

Backtest Artisan DevelopingArtisan Developing Price PredictionBuy or Sell Advice 

Artisan Developing Forecasted Value

In the context of forecasting Artisan Developing'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. Artisan Developing's downside and upside margins for the forecasting period are 21.37 and 23.38, respectively. We have considered Artisan Developing'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
22.33
22.38
Expected Value
23.38
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Artisan Developing mutual fund data series using in forecasting. Note that when a statistical model is used to represent Artisan Developing 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 -0.0308
MADMean absolute deviation0.1861
MAPEMean absolute percentage error0.0088
SAESum of the absolute errors10.9808
When Artisan Developing World 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 Artisan Developing World trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Artisan Developing observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Artisan Developing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Artisan Developing World. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Artisan Developing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
21.3222.3323.34
Details
Intrinsic
Valuation
LowRealHigh
21.7122.7223.73
Details
Bollinger
Band Projection (param)
LowMiddleHigh
22.2522.3722.50
Details

Other Forecasting Options for Artisan Developing

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

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

Artisan Developing World 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 Artisan Developing'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 Artisan Developing's current price.

Artisan Developing Market Strength Events

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

Artisan Developing Risk Indicators

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

Artisan Developing financial ratios help investors to determine whether Artisan 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 Artisan with respect to the benefits of owning Artisan Developing security.
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA