Templeton Emerging Fund Forecast - Naive Prediction

EMF Fund  USD 12.52  0.11  0.87%   
The Naive Prediction forecasted value of Templeton Emerging Markets on the next trading day is expected to be 12.30 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.48. Templeton Fund Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Templeton Emerging's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Templeton Emerging is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Templeton Emerging Markets value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Templeton Emerging Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of Templeton Emerging Markets on the next trading day is expected to be 12.30 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.48.
Please note that although there have been many attempts to predict Templeton 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 Templeton Emerging's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Templeton Emerging Fund Forecast Pattern

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Templeton Emerging Forecasted Value

In the context of forecasting Templeton Emerging'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. Templeton Emerging's downside and upside margins for the forecasting period are 11.13 and 13.47, respectively. We have considered Templeton Emerging'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
12.52
12.30
Expected Value
13.47
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Templeton Emerging fund data series using in forecasting. Note that when a statistical model is used to represent Templeton Emerging 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 Criteria114.4021
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1227
MAPEMean absolute percentage error0.0093
SAESum of the absolute errors7.4842
This model is not at all useful as a medium-long range forecasting tool of Templeton Emerging Markets. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Templeton Emerging. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Templeton Emerging

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Templeton Emerging. 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
11.3512.5213.69
Details
Intrinsic
Valuation
LowRealHigh
11.5412.7113.88
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.4412.9413.45
Details

Other Forecasting Options for Templeton Emerging

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

View Templeton Emerging Related Equities

 Risk & Return  Correlation

Templeton Emerging 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 Templeton Emerging'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 Templeton Emerging's current price.

Templeton Emerging Market Strength Events

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

Templeton Emerging Risk Indicators

The analysis of Templeton Emerging'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 Templeton Emerging's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting templeton 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.

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Other Information on Investing in Templeton Fund

Templeton Emerging financial ratios help investors to determine whether Templeton 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 Templeton with respect to the benefits of owning Templeton Emerging security.
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