Matthews China Mutual Fund Forecast - Triple Exponential Smoothing

MICDX Fund  USD 11.82  0.25  2.16%   
The Triple Exponential Smoothing forecasted value of Matthews China Dividend on the next trading day is expected to be 11.81 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.55. Matthews Mutual Fund Forecast is based on your current time horizon.
  
Triple exponential smoothing for Matthews China - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Matthews China 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 trend in Matthews China price movement. However, neither of these exponential smoothing models address any seasonality of Matthews China Dividend.

Matthews China Triple Exponential Smoothing Price Forecast For the 29th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Matthews China Dividend on the next trading day is expected to be 11.81 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.09, and the sum of the absolute errors of 11.55.
Please note that although there have been many attempts to predict Matthews 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 Matthews China's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Matthews China Mutual Fund Forecast Pattern

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Matthews China Forecasted Value

In the context of forecasting Matthews China'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. Matthews China's downside and upside margins for the forecasting period are 9.50 and 14.12, respectively. We have considered Matthews China'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
11.82
11.81
Expected Value
14.12
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Matthews China mutual fund data series using in forecasting. Note that when a statistical model is used to represent Matthews China 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0322
MADMean absolute deviation0.1925
MAPEMean absolute percentage error0.0156
SAESum of the absolute errors11.55
As with simple exponential smoothing, in triple exponential smoothing models past Matthews China observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Matthews China Dividend observations.

Predictive Modules for Matthews China

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Matthews China Dividend. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matthews China's 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
9.5111.8214.13
Details
Intrinsic
Valuation
LowRealHigh
8.8311.1413.45
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.4411.8212.20
Details

Other Forecasting Options for Matthews China

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

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

Matthews China Dividend 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 Matthews China'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 Matthews China's current price.

Matthews China Market Strength Events

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

Matthews China Risk Indicators

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

Matthews China financial ratios help investors to determine whether Matthews 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 Matthews with respect to the benefits of owning Matthews China security.
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