Aberdeen Asia-pacific Fund Forecast - Simple Exponential Smoothing

FAX Fund  USD 15.72  0.13  0.82%   
The Simple Exponential Smoothing forecasted value of Aberdeen Asia Pacific If on the next trading day is expected to be 15.72 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.49. Aberdeen Fund Forecast is based on your current time horizon.
  
Aberdeen Asia-pacific simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Aberdeen Asia Pacific If are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Aberdeen Asia Pacific prices get older.

Aberdeen Asia-pacific Simple Exponential Smoothing Price Forecast For the 28th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Aberdeen Asia Pacific If on the next trading day is expected to be 15.72 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.49.
Please note that although there have been many attempts to predict Aberdeen 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 Aberdeen Asia-pacific's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aberdeen Asia-pacific Fund Forecast Pattern

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Aberdeen Asia-pacific Forecasted Value

In the context of forecasting Aberdeen Asia-pacific'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. Aberdeen Asia-pacific's downside and upside margins for the forecasting period are 14.87 and 16.57, respectively. We have considered Aberdeen Asia-pacific'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
15.72
15.72
Expected Value
16.57
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Aberdeen Asia-pacific fund data series using in forecasting. Note that when a statistical model is used to represent Aberdeen Asia-pacific 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 Criteria114.1679
BiasArithmetic mean of the errors 0.0107
MADMean absolute deviation0.1064
MAPEMean absolute percentage error0.0065
SAESum of the absolute errors6.49
This simple exponential smoothing model begins by setting Aberdeen Asia Pacific If forecast for the second period equal to the observation of the first period. In other words, recent Aberdeen Asia-pacific observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Aberdeen Asia-pacific

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aberdeen Asia Pacific. 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
15.0115.8516.69
Details
Intrinsic
Valuation
LowRealHigh
15.1515.9916.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aberdeen Asia-pacific. Your research has to be compared to or analyzed against Aberdeen Asia-pacific's peers to derive any actionable benefits. When done correctly, Aberdeen Asia-pacific's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Aberdeen Asia Pacific.

Other Forecasting Options for Aberdeen Asia-pacific

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

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 Risk & Return  Correlation

Aberdeen Asia Pacific 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 Aberdeen Asia-pacific'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 Aberdeen Asia-pacific's current price.

Aberdeen Asia-pacific Market Strength Events

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

Aberdeen Asia-pacific Risk Indicators

The analysis of Aberdeen Asia-pacific'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 Aberdeen Asia-pacific's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aberdeen 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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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 Aberdeen Fund

Aberdeen Asia-pacific financial ratios help investors to determine whether Aberdeen 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 Aberdeen with respect to the benefits of owning Aberdeen Asia-pacific security.
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