Homestead Funds Money Market Fund Forecast - 20 Period Moving Average

HDIXX Fund  USD 1.00  0.00  0.00%   
The 20 Period Moving Average forecasted value of Homestead Funds on the next trading day is expected to be 1.00 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.06. Homestead Money Market Fund Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Homestead Funds is based on a synthetically constructed Homestead Fundsdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Homestead Funds 20 Period Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Homestead Funds on the next trading day is expected to be 1.00 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000756, and the sum of the absolute errors of 0.06.
Please note that although there have been many attempts to predict Homestead Money Market 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 Homestead Funds' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Homestead Funds Money Market Fund Forecast Pattern

Homestead Funds Forecasted Value

In the context of forecasting Homestead Funds' Money Market 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. Homestead Funds' downside and upside margins for the forecasting period are 0.87 and 1.13, respectively. We have considered Homestead Funds' 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
1.00
1.00
Expected Value
1.13
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Homestead Funds money market fund data series using in forecasting. Note that when a statistical model is used to represent Homestead Funds money market 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 Criteria69.5604
BiasArithmetic mean of the errors -0.0015
MADMean absolute deviation0.0015
MAPEMean absolute percentage error0.0015
SAESum of the absolute errors0.06
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Homestead Funds 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Homestead Funds

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Homestead Funds. Regardless of method or technology, however, to accurately forecast the money market fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the money market 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Homestead Funds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.871.001.13
Details
Intrinsic
Valuation
LowRealHigh
0.850.981.11
Details

Other Forecasting Options for Homestead Funds

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

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

Homestead Funds Technical and Predictive Analytics

The money market fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Homestead Funds' 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 Homestead Funds' current price.

Homestead Funds Market Strength Events

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

Homestead Funds Risk Indicators

The analysis of Homestead Funds' 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 Homestead Funds' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting homestead money market 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 Homestead Money Market Fund

Homestead Funds financial ratios help investors to determine whether Homestead Money Market 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 Homestead with respect to the benefits of owning Homestead Funds security.
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