FF Australia Fund Forecast - Simple Exponential Smoothing

FPGK Fund  EUR 59.83  0.16  0.27%   
The Simple Exponential Smoothing forecasted value of FF Australia on the next trading day is expected to be 59.80 with a mean absolute deviation of 0.52 and the sum of the absolute errors of 31.34. FPGK Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FF Australia stock prices and determine the direction of FF Australia's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of FF Australia's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
FF Australia 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 FF Australia are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as FF Australia prices get older.

FF Australia Simple Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of FF Australia on the next trading day is expected to be 59.80 with a mean absolute deviation of 0.52, mean absolute percentage error of 0.40, and the sum of the absolute errors of 31.34.
Please note that although there have been many attempts to predict FPGK 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 FF Australia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FF Australia Fund Forecast Pattern

FF Australia Forecasted Value

In the context of forecasting FF Australia'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. FF Australia's downside and upside margins for the forecasting period are 58.56 and 61.03, respectively. We have considered FF Australia'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
59.83
59.80
Expected Value
61.03
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 FF Australia fund data series using in forecasting. Note that when a statistical model is used to represent FF Australia 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 Criteria115.3455
BiasArithmetic mean of the errors -0.1325
MADMean absolute deviation0.5223
MAPEMean absolute percentage error0.0091
SAESum of the absolute errors31.3368
This simple exponential smoothing model begins by setting FF Australia forecast for the second period equal to the observation of the first period. In other words, recent FF Australia observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for FF Australia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FF Australia. 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
58.5959.8361.07
Details
Intrinsic
Valuation
LowRealHigh
57.7759.0160.25
Details
Bollinger
Band Projection (param)
LowMiddleHigh
57.8159.1660.51
Details

Other Forecasting Options for FF Australia

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

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

FF Australia 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 FF Australia'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 FF Australia's current price.

FF Australia Market Strength Events

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

FF Australia Risk Indicators

The analysis of FF Australia'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 FF Australia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fpgk 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 FPGK Fund

FF Australia financial ratios help investors to determine whether FPGK 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 FPGK with respect to the benefits of owning FF Australia security.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes