Fundo De Fund Forecast - Triple Exponential Smoothing

BMLC11 Fund  BRL 97.99  2.48  2.60%   
The Triple Exponential Smoothing forecasted value of Fundo de Investimento on the next trading day is expected to be 97.03 with a mean absolute deviation of 0.93 and the sum of the absolute errors of 54.77. Fundo Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fundo De stock prices and determine the direction of Fundo de Investimento's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fundo De's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Fundo De - 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 Fundo De 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 Fundo De price movement. However, neither of these exponential smoothing models address any seasonality of Fundo de Investimento.

Fundo De Triple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Fundo de Investimento on the next trading day is expected to be 97.03 with a mean absolute deviation of 0.93, mean absolute percentage error of 1.86, and the sum of the absolute errors of 54.77.
Please note that although there have been many attempts to predict Fundo 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 Fundo De's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fundo De Fund Forecast Pattern

Backtest Fundo DeFundo De Price PredictionBuy or Sell Advice 

Fundo De Forecasted Value

In the context of forecasting Fundo De's 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. Fundo De's downside and upside margins for the forecasting period are 95.53 and 98.53, respectively. We have considered Fundo De'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
97.99
97.03
Expected Value
98.53
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 Fundo De fund data series using in forecasting. Note that when a statistical model is used to represent Fundo De 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 0.0592
MADMean absolute deviation0.9283
MAPEMean absolute percentage error0.0095
SAESum of the absolute errors54.7694
As with simple exponential smoothing, in triple exponential smoothing models past Fundo De 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 Fundo de Investimento observations.

Predictive Modules for Fundo De

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fundo de Investimento. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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
96.4997.9999.49
Details
Intrinsic
Valuation
LowRealHigh
96.6998.1999.69
Details
Bollinger
Band Projection (param)
LowMiddleHigh
95.5897.7099.81
Details

Other Forecasting Options for Fundo De

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

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

Fundo de Investimento Technical and Predictive Analytics

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

Fundo De Market Strength Events

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

Fundo De Risk Indicators

The analysis of Fundo De'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 Fundo De's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fundo 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 Fundo Fund

Fundo De financial ratios help investors to determine whether Fundo 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 Fundo with respect to the benefits of owning Fundo De security.
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