HMC SA Fund Forecast - 20 Period Moving Average
| CFIMFUS-E | CLP 820.00 0.00 0.00% |
The 20 Period Moving Average forecasted value of HMC SA ADMINISTRADORA on the next trading day is expected to be 820.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. HMC Fund Forecast is based on your current time horizon.
HMC |
HMC SA 20 Period Moving Average Price Forecast For the 23rd of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of HMC SA ADMINISTRADORA on the next trading day is expected to be 820.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict HMC 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 HMC SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
HMC SA Fund Forecast Pattern
HMC SA Forecasted Value
In the context of forecasting HMC SA'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. HMC SA's downside and upside margins for the forecasting period are 820.00 and 820.00, respectively. We have considered HMC SA'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of HMC SA fund data series using in forecasting. Note that when a statistical model is used to represent HMC SA 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.| AIC | Akaike Information Criteria | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for HMC SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HMC SA ADMINISTRADORA. 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.Other Forecasting Options for HMC SA
For every potential investor in HMC, whether a beginner or expert, HMC SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HMC Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HMC. Basic forecasting techniques help filter out the noise by identifying HMC SA's price trends.HMC SA 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 HMC SA fund to make a market-neutral strategy. Peer analysis of HMC SA could also be used in its relative valuation, which is a method of valuing HMC SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HMC SA ADMINISTRADORA 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 HMC SA'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 HMC SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
HMC SA Market Strength Events
Market strength indicators help investors to evaluate how HMC SA fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HMC SA shares will generate the highest return on investment. By undertsting and applying HMC SA fund market strength indicators, traders can identify HMC SA ADMINISTRADORA entry and exit signals to maximize returns.
Pair Trading with HMC SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HMC SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HMC SA will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to HMC SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HMC SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HMC SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HMC SA ADMINISTRADORA to buy it.
The correlation of HMC SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HMC SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HMC SA ADMINISTRADORA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HMC SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in HMC Fund
HMC SA financial ratios help investors to determine whether HMC 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 HMC with respect to the benefits of owning HMC SA security.
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