The Hartford Mutual Fund Forecast - 8 Period Moving Average

HILAX Fund  USD 18.42  0.03  0.16%   
The 8 Period Moving Average forecasted value of The Hartford International on the next trading day is expected to be 18.42 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 9.54. The Mutual Fund Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for The Hartford is based on an artificially constructed time series of The Hartford daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

The Hartford 8 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of The Hartford International on the next trading day is expected to be 18.42 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 9.54.
Please note that although there have been many attempts to predict The 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 The Hartford's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

The Hartford Mutual Fund Forecast Pattern

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The Hartford Forecasted Value

In the context of forecasting The Hartford'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. The Hartford's downside and upside margins for the forecasting period are 17.65 and 19.19, respectively. We have considered The Hartford'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
18.42
18.42
Expected Value
19.19
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of The Hartford mutual fund data series using in forecasting. Note that when a statistical model is used to represent The Hartford 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 Criteria100.4075
BiasArithmetic mean of the errors 0.0524
MADMean absolute deviation0.18
MAPEMean absolute percentage error0.0094
SAESum of the absolute errors9.5375
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. The Hartford International 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for The Hartford

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 Interna. 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
17.6418.4219.20
Details
Intrinsic
Valuation
LowRealHigh
17.8218.6019.38
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.2219.0019.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as The Hartford. Your research has to be compared to or analyzed against The Hartford's peers to derive any actionable benefits. When done correctly, The Hartford'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 Hartford Interna.

Other Forecasting Options for The Hartford

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

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

Hartford Interna 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 The Hartford'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 The Hartford's current price.

The Hartford Market Strength Events

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

The Hartford Risk Indicators

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

The Hartford financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Hartford security.
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