Hartford Midcap Mutual Fund Forward View - Double Exponential Smoothing

Hartford Midcap 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. Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Hartford Midcap works best with periods where there are trends or seasonality.

Hartford Midcap Double Exponential Smoothing Price Forecast For the 4th of February

Given 90 days horizon, the Double Exponential Smoothing forecasted value of The Hartford Midcap on the next trading day is expected to be 19.94 with a mean absolute deviation of 0.27, mean absolute percentage error of 0.56, and the sum of the absolute errors of 15.85.

Hartford Midcap Mutual Fund Forecast Pattern

Backtest Hartford Midcap

Hartford Midcap Price Prediction

Research Analysis

Hartford Midcap Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Hartford Midcap mutual fund data series using in forecasting. Note that when a statistical model is used to represent Hartford Midcap 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. When The Hartford Midcap prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any The Hartford Midcap trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Hartford Midcap observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Hartford Midcap

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 Midcap. 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 14.86 19.82 24.78 Details

Intrinsic Valuation Low Real High 15.88 20.84 25.80 Details

Hartford Midcap After-Hype Price Density Analysis

Hartford Midcap Estimiated After-Hype Price Volatility

Hartford Midcap Mutual Fund Price Outlook Analysis

Notes

Hartford Midcap Hype Timeline

Hartford Midcap is currently traded for 19.82. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 2.52. 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 insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.61%. %. The volatility of related hype on Hartford Midcap is about 120.99%, with the expected price after the next announcement by competition of 22.34. The company last dividend was issued on the 10th of December 1970. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Hartford Midcap to cross-verify your projections.

Hartford Midcap Related Hype Analysis

Other Forecasting Options for Hartford Midcap

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

Hartford Midcap Related Equities

Risk & Return

Correlation

Hartford Midcap Market Strength Events

Hartford Midcap Risk Indicators

Story Coverage note for Hartford Midcap

Other Macroaxis Stories

Other Information on Investing in Hartford Mutual Fund