At Mid Mutual Fund Forecast - Triple Exponential Smoothing

AWMIX Fund  USD 22.30  0.02  0.09%   
The Triple Exponential Smoothing forecasted value of At Mid Cap on the next trading day is expected to be 22.37 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.36. AWMIX Mutual Fund Forecast is based on your current time horizon.
  
Triple exponential smoothing for At Mid - 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 At Mid 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 At Mid price movement. However, neither of these exponential smoothing models address any seasonality of At Mid Cap.

At Mid Triple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of At Mid Cap on the next trading day is expected to be 22.37 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.04, and the sum of the absolute errors of 8.36.
Please note that although there have been many attempts to predict AWMIX 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 At Mid's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

At Mid Mutual Fund Forecast Pattern

Backtest At MidAt Mid Price PredictionBuy or Sell Advice 

At Mid Forecasted Value

In the context of forecasting At Mid'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. At Mid's downside and upside margins for the forecasting period are 21.45 and 23.28, respectively. We have considered At Mid'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
22.30
22.37
Expected Value
23.28
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 At Mid mutual fund data series using in forecasting. Note that when a statistical model is used to represent At Mid 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 -0.0318
MADMean absolute deviation0.1417
MAPEMean absolute percentage error0.0068
SAESum of the absolute errors8.3594
As with simple exponential smoothing, in triple exponential smoothing models past At Mid 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 At Mid Cap observations.

Predictive Modules for At Mid

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as At Mid Cap. 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
21.3922.3023.21
Details
Intrinsic
Valuation
LowRealHigh
21.0121.9222.83
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.2321.3922.54
Details

Other Forecasting Options for At Mid

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

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

At Mid Cap 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 At Mid'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 At Mid's current price.

At Mid Market Strength Events

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

At Mid Risk Indicators

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

At Mid financial ratios help investors to determine whether AWMIX 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 AWMIX with respect to the benefits of owning At Mid security.
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