Neuberger Berman Fund Forecast - Naive Prediction

NML Fund  USD 9.29  0.01  0.11%   
The Naive Prediction forecasted value of Neuberger Berman Mlp on the next trading day is expected to be 9.33 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.48. Neuberger Fund Forecast is based on your current time horizon.
  
A naive forecasting model for Neuberger Berman is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Neuberger Berman Mlp 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.

Neuberger Berman Naive Prediction Price Forecast For the 26th of November

Given 90 days horizon, the Naive Prediction forecasted value of Neuberger Berman Mlp on the next trading day is expected to be 9.33 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.48.
Please note that although there have been many attempts to predict Neuberger 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 Neuberger Berman's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Neuberger Berman Fund Forecast Pattern

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Neuberger Berman Forecasted Value

In the context of forecasting Neuberger Berman's 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. Neuberger Berman's downside and upside margins for the forecasting period are 8.34 and 10.33, respectively. We have considered Neuberger Berman'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
9.29
9.33
Expected Value
10.33
Upside

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 Neuberger Berman fund data series using in forecasting. Note that when a statistical model is used to represent Neuberger Berman 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 Criteria113.3622
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0735
MAPEMean absolute percentage error0.0088
SAESum of the absolute errors4.4837
This model is not at all useful as a medium-long range forecasting tool of Neuberger Berman Mlp. 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 Neuberger Berman. 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 Neuberger Berman

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Neuberger Berman Mlp. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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
8.309.3010.30
Details
Intrinsic
Valuation
LowRealHigh
8.909.9010.90
Details

Other Forecasting Options for Neuberger Berman

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

View Neuberger Berman Related Equities

 Risk & Return  Correlation

Neuberger Berman Mlp Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Neuberger Berman'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 Neuberger Berman's current price.

Neuberger Berman Market Strength Events

Market strength indicators help investors to evaluate how Neuberger Berman fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neuberger Berman shares will generate the highest return on investment. By undertsting and applying Neuberger Berman fund market strength indicators, traders can identify Neuberger Berman Mlp entry and exit signals to maximize returns.

Neuberger Berman Risk Indicators

The analysis of Neuberger Berman'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 Neuberger Berman's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neuberger 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.

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Other Information on Investing in Neuberger Fund

Neuberger Berman financial ratios help investors to determine whether Neuberger 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 Neuberger with respect to the benefits of owning Neuberger Berman security.
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