Fidelity Enduring Mutual Fund Forecast - Simple Moving Average

FEOPX Fund  USD 16.74  0.09  0.54%   
The Simple Moving Average forecasted value of Fidelity Enduring Opportunities on the next trading day is expected to be 16.74 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.27. Fidelity Mutual Fund Forecast is based on your current time horizon.
  
A two period moving average forecast for Fidelity Enduring is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Fidelity Enduring Simple Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Fidelity Enduring Opportunities on the next trading day is expected to be 16.74 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.27.
Please note that although there have been many attempts to predict Fidelity 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 Fidelity Enduring's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fidelity Enduring Mutual Fund Forecast Pattern

Backtest Fidelity EnduringFidelity Enduring Price PredictionBuy or Sell Advice 

Fidelity Enduring Forecasted Value

In the context of forecasting Fidelity Enduring'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. Fidelity Enduring's downside and upside margins for the forecasting period are 15.98 and 17.50, respectively. We have considered Fidelity Enduring'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
16.74
16.74
Expected Value
17.50
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Fidelity Enduring mutual fund data series using in forecasting. Note that when a statistical model is used to represent Fidelity Enduring 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 Criteria110.426
BiasArithmetic mean of the errors -0.0215
MADMean absolute deviation0.1063
MAPEMean absolute percentage error0.0065
SAESum of the absolute errors6.27
The simple moving average model is conceptually a linear regression of the current value of Fidelity Enduring Opportunities price series against current and previous (unobserved) value of Fidelity Enduring. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Fidelity Enduring

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fidelity Enduring. 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.
Hype
Prediction
LowEstimatedHigh
15.9816.7417.50
Details
Intrinsic
Valuation
LowRealHigh
15.8316.5917.35
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.6316.7116.79
Details

Other Forecasting Options for Fidelity Enduring

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

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

Fidelity Enduring 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 Fidelity Enduring'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 Fidelity Enduring's current price.

Fidelity Enduring Market Strength Events

Market strength indicators help investors to evaluate how Fidelity Enduring 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 Fidelity Enduring shares will generate the highest return on investment. By undertsting and applying Fidelity Enduring mutual fund market strength indicators, traders can identify Fidelity Enduring Opportunities entry and exit signals to maximize returns.

Fidelity Enduring Risk Indicators

The analysis of Fidelity Enduring'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 Fidelity Enduring's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fidelity 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 Fidelity Mutual Fund

Fidelity Enduring financial ratios help investors to determine whether Fidelity 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 Fidelity with respect to the benefits of owning Fidelity Enduring security.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Transaction History
View history of all your transactions and understand their impact on performance