Federated Premier Fund Forecast - Double Exponential Smoothing
FMN Fund | USD 11.12 0.02 0.18% |
The Double Exponential Smoothing forecasted value of Federated Premier Municipal on the next trading day is expected to be 11.12 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.70. Federated Fund Forecast is based on your current time horizon.
Federated |
Federated Premier Double Exponential Smoothing Price Forecast For the 26th of November
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Federated Premier Municipal on the next trading day is expected to be 11.12 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.70.Please note that although there have been many attempts to predict Federated 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 Federated Premier's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Federated Premier Fund Forecast Pattern
Backtest Federated Premier | Federated Premier Price Prediction | Buy or Sell Advice |
Federated Premier Forecasted Value
In the context of forecasting Federated Premier'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. Federated Premier's downside and upside margins for the forecasting period are 10.37 and 11.88, respectively. We have considered Federated Premier'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Federated Premier fund data series using in forecasting. Note that when a statistical model is used to represent Federated Premier 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 | Huge |
Bias | Arithmetic mean of the errors | 0.0111 |
MAD | Mean absolute deviation | 0.0627 |
MAPE | Mean absolute percentage error | 0.0054 |
SAE | Sum of the absolute errors | 3.6967 |
Predictive Modules for Federated Premier
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Federated Premier. 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.Other Forecasting Options for Federated Premier
For every potential investor in Federated, whether a beginner or expert, Federated Premier's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Federated Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Federated. Basic forecasting techniques help filter out the noise by identifying Federated Premier's price trends.Federated Premier 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 Federated Premier fund to make a market-neutral strategy. Peer analysis of Federated Premier could also be used in its relative valuation, which is a method of valuing Federated Premier by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Federated Premier 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 Federated Premier'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 Federated Premier's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Federated Premier Market Strength Events
Market strength indicators help investors to evaluate how Federated Premier fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Federated Premier shares will generate the highest return on investment. By undertsting and applying Federated Premier fund market strength indicators, traders can identify Federated Premier Municipal entry and exit signals to maximize returns.
Federated Premier Risk Indicators
The analysis of Federated Premier'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 Federated Premier's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting federated 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.
Mean Deviation | 0.4983 | |||
Standard Deviation | 0.7535 | |||
Variance | 0.5677 |
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.
Pair Trading with Federated Premier
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Federated Premier position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Federated Premier will appreciate offsetting losses from the drop in the long position's value.Moving against Federated Fund
0.84 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
0.77 | KMKAX | Kinetics Market Oppo Steady Growth | PairCorr |
0.77 | KMKCX | Kinetics Market Oppo Steady Growth | PairCorr |
0.77 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
0.76 | KNPAX | Kinetics Paradigm Steady Growth | PairCorr |
The ability to find closely correlated positions to Federated Premier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federated Premier when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Federated Premier - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Federated Premier Municipal to buy it.
The correlation of Federated Premier is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Federated Premier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federated Premier moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Federated Premier can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Federated Fund
Federated Premier financial ratios help investors to determine whether Federated 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 Federated with respect to the benefits of owning Federated Premier security.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Fundamental Analysis View fundamental data based on most recent published financial statements |