Optimum Fixed Mutual Fund Forecast - Naive Prediction

Optimum Fixed Additional Predictive Modules

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

Optimum Fixed Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Optimum Fixed Income on the next trading day is expected to be 8.29 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.21.

Optimum Fixed Mutual Fund Forecast Pattern

Backtest Optimum Fixed

Optimum Fixed Price Prediction

Buy or Sell Advice

Optimum Fixed 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 Optimum Fixed mutual fund data series using in forecasting. Note that when a statistical model is used to represent Optimum Fixed 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 Optimum Fixed Income. 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 Optimum Fixed. 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 Optimum Fixed

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Optimum Fixed Income. 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 7.61 8.31 9.01 Details

Intrinsic Valuation Low Real High 7.63 8.33 9.03 Details

Bollinger Band Projection (param) Low Middle High 8.20 8.30 8.40 Details

Optimum Fixed After-Hype Price Prediction Density Analysis

Optimum Fixed Estimiated After-Hype Price Volatility

Optimum Fixed Mutual Fund Price Prediction Analysis

Optimum Fixed Hype Timeline

Optimum Fixed Income is now traded for 8.31. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Optimum 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 now at 0.0%. %. The volatility of related hype on Optimum Fixed is about 200.0%, with the expected price after the next announcement by competition of 8.31. The company has price-to-book ratio of 1.14. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Optimum Fixed Income last dividend was issued on the 12th of December 1970. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Optimum Fixed to cross-verify your projections.

Optimum Fixed Related Hype Analysis

Other Forecasting Options for Optimum Fixed

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

Optimum Fixed Related Equities

Risk & Return

Correlation

Optimum Fixed Market Strength Events

Optimum Fixed Risk Indicators

Story Coverage note for Optimum Fixed

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Other Information on Investing in Optimum Mutual Fund