Hartford Global Mutual Fund Forecast - Naive Prediction

Hartford Global Additional Predictive Modules

Most predictive techniques to examine Hartford price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hartford using various technical indicators. When you analyze Hartford 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 Hartford Global is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of The Hartford Global 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.

Hartford Global Naive Prediction Price Forecast For the 26th of January

Given 90 days horizon, the Naive Prediction forecasted value of The Hartford Global on the next trading day is expected to be 43.25 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.25, and the sum of the absolute errors of 23.53.

Hartford Global Mutual Fund Forecast Pattern

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Hartford Global Price Prediction

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Hartford Global 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 Hartford Global mutual fund data series using in forecasting. Note that when a statistical model is used to represent Hartford Global 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 The Hartford Global. 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 Hartford Global. 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 Hartford Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hartford Global. 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 42.60 43.58 44.56 Details

Intrinsic Valuation Low Real High 39.22 46.72 47.70 Details

Bollinger Band Projection (param) Low Middle High 40.72 42.74 44.75 Details

Hartford Global After-Hype Price Prediction Density Analysis

Hartford Global Estimiated After-Hype Price Volatility

Hartford Global Mutual Fund Price Prediction Analysis

Hartford Global Hype Timeline

Hartford Global is currently traded for 43.58. The entity has historical hype elasticity of -6.95, and average elasticity to hype of competition of 0.0. Hartford is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 2.96%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.21%. %. The volatility of related hype on Hartford Global is about 7127.27%, with the expected price after the next announcement by competition of 43.58. The company last dividend was issued on the 10th 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 Hartford Global to cross-verify your projections.

Hartford Global Related Hype Analysis

Other Forecasting Options for Hartford Global

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

Hartford Global Related Equities

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Correlation

Hartford Global Market Strength Events

Hartford Global Risk Indicators

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Other Information on Investing in Hartford Mutual Fund