Horizon Funds Mutual Fund Forecast - Naive Prediction

Horizon Funds Additional Predictive Modules

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

Horizon Funds Naive Prediction Price Forecast For the 23rd of January

Given 90 days horizon, the Naive Prediction forecasted value of Horizon Funds on the next trading day is expected to be 45.97 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.54.

Horizon Funds Mutual Fund Forecast Pattern

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Horizon Funds Price Prediction

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Horizon Funds 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 Horizon Funds mutual fund data series using in forecasting. Note that when a statistical model is used to represent Horizon Funds 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 Horizon Funds . 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 Horizon Funds. 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 Horizon 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 Horizon Funds. 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 45.74 45.97 46.20 Details

Intrinsic Valuation Low Real High 45.70 45.93 46.16 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Horizon Funds. Your research has to be compared to or analyzed against Horizon Funds' peers to derive any actionable benefits. When done correctly, Horizon Funds' 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 Horizon Funds.

Horizon Funds After-Hype Price Prediction Density Analysis

Horizon Funds Estimiated After-Hype Price Volatility

Horizon Funds Mutual Fund Price Prediction Analysis

Horizon Funds Hype Timeline

Horizon Funds is currently traded for 45.97. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Horizon 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 -0.01%. %. The volatility of related hype on Horizon Funds is about 766.67%, with the expected price after the next announcement by competition of 45.97. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Horizon Funds to cross-verify your projections.

Horizon Funds Related Hype Analysis

Other Forecasting Options for Horizon Funds

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

Horizon Funds Related Equities

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Horizon Funds Market Strength Events

Horizon Funds Risk Indicators

Story Coverage note for Horizon Funds

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Other Information on Investing in Horizon Mutual Fund