Gmo Emerging Mutual Fund Forecast - Simple Exponential Smoothing

GMDFX Fund  USD 20.74  0.04  0.19%   
The Simple Exponential Smoothing forecasted value of Gmo Emerging Country on the next trading day is expected to be 20.74 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.58. Gmo Mutual Fund Forecast is based on your current time horizon.
  
Gmo Emerging 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 Gmo Emerging Country are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Gmo Emerging Country prices get older.

Gmo Emerging Simple Exponential Smoothing Price Forecast For the 24th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Gmo Emerging Country on the next trading day is expected to be 20.74 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.58.
Please note that although there have been many attempts to predict Gmo 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 Gmo Emerging's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Gmo Emerging Mutual Fund Forecast Pattern

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Gmo Emerging Forecasted Value

In the context of forecasting Gmo Emerging'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. Gmo Emerging's downside and upside margins for the forecasting period are 20.47 and 21.01, respectively. We have considered Gmo Emerging'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
20.74
20.74
Expected Value
21.01
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 Gmo Emerging mutual fund data series using in forecasting. Note that when a statistical model is used to represent Gmo Emerging 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 Criteria110.5507
BiasArithmetic mean of the errors -0.007
MADMean absolute deviation0.043
MAPEMean absolute percentage error0.0021
SAESum of the absolute errors2.58
This simple exponential smoothing model begins by setting Gmo Emerging Country forecast for the second period equal to the observation of the first period. In other words, recent Gmo Emerging observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Gmo Emerging

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gmo Emerging Country. 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
20.4720.7421.01
Details
Intrinsic
Valuation
LowRealHigh
20.4320.7020.97
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.4920.7020.91
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gmo Emerging. Your research has to be compared to or analyzed against Gmo Emerging's peers to derive any actionable benefits. When done correctly, Gmo Emerging'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 Gmo Emerging Country.

Other Forecasting Options for Gmo Emerging

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

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

Gmo Emerging Country 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 Gmo Emerging'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 Gmo Emerging's current price.

Gmo Emerging Market Strength Events

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

Gmo Emerging Risk Indicators

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

Gmo Emerging financial ratios help investors to determine whether Gmo 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 Gmo with respect to the benefits of owning Gmo Emerging security.
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