Fam Value Mutual Fund Forecast - 8 Period Moving Average

FAMVX Fund  USD 110.96  1.15  1.05%   
The 8 Period Moving Average forecasted value of Fam Value Fund on the next trading day is expected to be 109.16 with a mean absolute deviation of 1.48 and the sum of the absolute errors of 78.47. Fam Mutual Fund Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Fam Value is based on an artificially constructed time series of Fam Value daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Fam Value 8 Period Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Fam Value Fund on the next trading day is expected to be 109.16 with a mean absolute deviation of 1.48, mean absolute percentage error of 3.47, and the sum of the absolute errors of 78.47.
Please note that although there have been many attempts to predict Fam Mutual 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 Fam Value's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fam Value Mutual Fund Forecast Pattern

Backtest Fam ValueFam Value Price PredictionBuy or Sell Advice 

Fam Value Forecasted Value

In the context of forecasting Fam Value's Mutual 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. Fam Value's downside and upside margins for the forecasting period are 108.28 and 110.03, respectively. We have considered Fam Value'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
110.96
108.28
Downside
109.16
Expected Value
110.03
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Fam Value mutual fund data series using in forecasting. Note that when a statistical model is used to represent Fam Value mutual 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 Criteria104.6526
BiasArithmetic mean of the errors -0.7349
MADMean absolute deviation1.4805
MAPEMean absolute percentage error0.0138
SAESum of the absolute errors78.465
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Fam Value Fund 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Fam Value

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fam Value Fund. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual 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 Fam Value'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.
Hype
Prediction
LowEstimatedHigh
110.09110.96111.83
Details
Intrinsic
Valuation
LowRealHigh
95.6796.54122.06
Details
Bollinger
Band Projection (param)
LowMiddleHigh
109.49110.58111.66
Details

Other Forecasting Options for Fam Value

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

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

Fam Value Fund Technical and Predictive Analytics

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

Fam Value Market Strength Events

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

Fam Value Risk Indicators

The analysis of Fam Value'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 Fam Value's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fam mutual 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 Fam Mutual Fund

Fam Value financial ratios help investors to determine whether Fam Mutual 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 Fam with respect to the benefits of owning Fam Value security.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets