BARINGS LATIN Fund Forecast - Double Exponential Smoothing

BYQM Fund  EUR 27.49  0.08  0.29%   
The Double Exponential Smoothing forecasted value of BARINGS LATIN AMERICA on the next trading day is expected to be 27.44 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.29. BARINGS Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BARINGS LATIN stock prices and determine the direction of BARINGS LATIN AMERICA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BARINGS LATIN's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
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 BARINGS LATIN works best with periods where there are trends or seasonality.

BARINGS LATIN Double Exponential Smoothing Price Forecast For the 12th of December 2024

Given 90 days horizon, the Double Exponential Smoothing forecasted value of BARINGS LATIN AMERICA on the next trading day is expected to be 27.44 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.12, and the sum of the absolute errors of 16.29.
Please note that although there have been many attempts to predict BARINGS 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 BARINGS LATIN's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

BARINGS LATIN Fund Forecast Pattern

BARINGS LATIN Forecasted Value

In the context of forecasting BARINGS LATIN'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. BARINGS LATIN's downside and upside margins for the forecasting period are 26.25 and 28.62, respectively. We have considered BARINGS LATIN'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
27.49
27.44
Expected Value
28.62
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 BARINGS LATIN fund data series using in forecasting. Note that when a statistical model is used to represent BARINGS LATIN 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 -0.0535
MADMean absolute deviation0.2761
MAPEMean absolute percentage error0.0097
SAESum of the absolute errors16.2891
When BARINGS LATIN AMERICA 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 BARINGS LATIN AMERICA 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 BARINGS LATIN observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for BARINGS LATIN

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BARINGS LATIN AMERICA. 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
26.3127.4928.67
Details
Intrinsic
Valuation
LowRealHigh
26.5327.7128.89
Details
Bollinger
Band Projection (param)
LowMiddleHigh
27.2728.6129.95
Details

Other Forecasting Options for BARINGS LATIN

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

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

BARINGS LATIN AMERICA 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 BARINGS LATIN'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 BARINGS LATIN's current price.

BARINGS LATIN Market Strength Events

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

BARINGS LATIN Risk Indicators

The analysis of BARINGS LATIN'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 BARINGS LATIN's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting barings 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 BARINGS Fund

BARINGS LATIN financial ratios help investors to determine whether BARINGS 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 BARINGS with respect to the benefits of owning BARINGS LATIN security.
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