Elfun Government Money Market Fund Forecast - 20 Period Moving Average
| ELMXX Fund | 1.00 0.00 0.00% |
The 20 Period Moving Average forecasted value of Elfun Government Money on the next trading day is expected to be 1.00 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Elfun Money Market Fund Forecast is based on your current time horizon.
Elfun |
Elfun Government 20 Period Moving Average Price Forecast For the 3rd of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Elfun Government Money on the next trading day is expected to be 1.00 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Elfun Money Market 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 Elfun Government's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Elfun Government Money Market Fund Forecast Pattern
Elfun Government Forecasted Value
In the context of forecasting Elfun Government's Money Market 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. Elfun Government's downside and upside margins for the forecasting period are 1.00 and 1.00, respectively. We have considered Elfun Government'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 Elfun Government money market fund data series using in forecasting. Note that when a statistical model is used to represent Elfun Government money market 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 | 9.2657 |
| 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 Elfun Government
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elfun Government Money. Regardless of method or technology, however, to accurately forecast the money market fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the money market 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 Elfun Government'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.
Other Forecasting Options for Elfun Government
For every potential investor in Elfun, whether a beginner or expert, Elfun Government's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Elfun Money Market Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Elfun. Basic forecasting techniques help filter out the noise by identifying Elfun Government's price trends.Elfun Government 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 Elfun Government money market fund to make a market-neutral strategy. Peer analysis of Elfun Government could also be used in its relative valuation, which is a method of valuing Elfun Government by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Elfun Government Money Technical and Predictive Analytics
The money market fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Elfun Government'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 Elfun Government's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Elfun Government Market Strength Events
Market strength indicators help investors to evaluate how Elfun Government money market fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elfun Government shares will generate the highest return on investment. By undertsting and applying Elfun Government money market fund market strength indicators, traders can identify Elfun Government Money entry and exit signals to maximize returns.
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 Elfun Money Market Fund
Elfun Government financial ratios help investors to determine whether Elfun Money Market 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 Elfun with respect to the benefits of owning Elfun Government security.
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