Goehring Rozencwajg Mutual Fund Forecast - Simple Moving Average
| GRHAX Fund | USD 14.27 0.05 0.35% |
The Simple Moving Average forecasted value of Goehring Rozencwajg Resources on the next trading day is expected to be 14.24 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.01. Goehring Mutual Fund Forecast is based on your current time horizon.
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Goehring Rozencwajg Simple Moving Average Price Forecast For the 23rd of November
Given 90 days horizon, the Simple Moving Average forecasted value of Goehring Rozencwajg Resources on the next trading day is expected to be 14.24 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.01.Please note that although there have been many attempts to predict Goehring 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 Goehring Rozencwajg's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Goehring Rozencwajg Mutual Fund Forecast Pattern
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Goehring Rozencwajg Forecasted Value
In the context of forecasting Goehring Rozencwajg'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. Goehring Rozencwajg's downside and upside margins for the forecasting period are 12.81 and 15.68, respectively. We have considered Goehring Rozencwajg'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Goehring Rozencwajg mutual fund data series using in forecasting. Note that when a statistical model is used to represent Goehring Rozencwajg 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.| AIC | Akaike Information Criteria | 111.5037 |
| Bias | Arithmetic mean of the errors | -0.0367 |
| MAD | Mean absolute deviation | 0.1865 |
| MAPE | Mean absolute percentage error | 0.0141 |
| SAE | Sum of the absolute errors | 11.005 |
Predictive Modules for Goehring Rozencwajg
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Goehring Rozencwajg. 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.Other Forecasting Options for Goehring Rozencwajg
For every potential investor in Goehring, whether a beginner or expert, Goehring Rozencwajg's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Goehring Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Goehring. Basic forecasting techniques help filter out the noise by identifying Goehring Rozencwajg's price trends.Goehring Rozencwajg 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 Goehring Rozencwajg mutual fund to make a market-neutral strategy. Peer analysis of Goehring Rozencwajg could also be used in its relative valuation, which is a method of valuing Goehring Rozencwajg by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Goehring Rozencwajg 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 Goehring Rozencwajg'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 Goehring Rozencwajg's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Goehring Rozencwajg Market Strength Events
Market strength indicators help investors to evaluate how Goehring Rozencwajg 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 Goehring Rozencwajg shares will generate the highest return on investment. By undertsting and applying Goehring Rozencwajg mutual fund market strength indicators, traders can identify Goehring Rozencwajg Resources entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 14.27 | |||
| Day Typical Price | 14.27 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.05 |
Goehring Rozencwajg Risk Indicators
The analysis of Goehring Rozencwajg'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 Goehring Rozencwajg's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goehring 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.
| Mean Deviation | 1.12 | |||
| Semi Deviation | 1.32 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.24 | |||
| Downside Variance | 2.61 | |||
| Semi Variance | 1.75 | |||
| Expected Short fall | (1.16) |
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 Goehring Mutual Fund
Goehring Rozencwajg financial ratios help investors to determine whether Goehring 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 Goehring with respect to the benefits of owning Goehring Rozencwajg security.
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