Gmo Quality Mutual Fund Forecast - Naive Prediction

Gmo Quality Additional Predictive Modules

Most predictive techniques to examine Gmo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Gmo using various technical indicators. When you analyze Gmo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Gmo Quality is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Gmo Quality Fund value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Gmo Quality Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Gmo Quality Fund on the next trading day is expected to be 35.27 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.10, and the sum of the absolute errors of 15.37.

Gmo Quality Mutual Fund Forecast Pattern

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Gmo Quality Price Prediction

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Gmo Quality Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Gmo Quality mutual fund data series using in forecasting. Note that when a statistical model is used to represent Gmo Quality 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. This model is not at all useful as a medium-long range forecasting tool of Gmo Quality Fund. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Gmo Quality. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Gmo Quality

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 Quality Fund. 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 Low Estimated High 33.42 34.15 39.15 Details

Intrinsic Valuation Low Real High 34.41 35.14 35.87 Details

Bollinger Band Projection (param) Low Middle High 33.95 35.07 36.19 Details

Gmo Quality After-Hype Price Prediction Density Analysis

Gmo Quality Estimiated After-Hype Price Volatility

Gmo Quality Mutual Fund Price Prediction Analysis

Gmo Quality Hype Timeline

Gmo Quality Fund is currently traded for 35.59. The entity has historical hype elasticity of -1.44, and average elasticity to hype of competition of -0.67. Gmo is forecasted to decline in value after the next headline, with the price expected to drop to 34.15. The average volatility of media hype impact on the company price is about 3.05%. The price reduction on the next news is expected to be -4.05%, whereas the daily expected return is currently at 0.06%. The volatility of related hype on Gmo Quality is about 6.55%, with the expected price after the next announcement by competition of 34.92. The company last dividend was issued on the 16th of December 2019. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Gmo Quality to cross-verify your projections.

Gmo Quality Related Hype Analysis

Other Forecasting Options for Gmo Quality

For every potential investor in Gmo, whether a beginner or expert, Gmo Quality'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 Quality's price trends.

Gmo Quality Related Equities

Risk & Return

Correlation

Gmo Quality Market Strength Events

Gmo Quality Risk Indicators

Story Coverage note for Gmo Quality

Other Macroaxis Stories

Other Information on Investing in Gmo Mutual Fund