Navigator Equity Mutual Fund Forecast - Simple Exponential Smoothing

Navigator Equity simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Navigator Equity Hedged are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Navigator Equity Hedged prices get older.

Navigator Equity Simple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Navigator Equity Hedged on the next trading day is expected to be 37.02 with a mean absolute deviation of 1.09, mean absolute percentage error of 15.91, and the sum of the absolute errors of 65.65.

Navigator Equity Mutual Fund Forecast Pattern

Backtest Navigator Equity

Navigator Equity Price Prediction

Buy or Sell Advice

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Navigator Equity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Navigator Equity 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 simple exponential smoothing model begins by setting Navigator Equity Hedged forecast for the second period equal to the observation of the first period. In other words, recent Navigator Equity observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Navigator Equity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Navigator Equity Hedged. 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 37.02 37.02 37.02 Details

Intrinsic Valuation Low Real High 30.98 30.98 40.72 Details

Bollinger Band Projection (param) Low Middle High 37.02 37.02 37.02 Details

Navigator Equity Related Equities

Risk & Return

Correlation

Navigator Equity Market Strength Events

Navigator Equity Risk Indicators

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 NAVIGATOR Mutual Fund