JENNISON NATURAL Mutual Fund Forward View - Simple Moving Average
| PNRCX Fund | USD 66.10 0.17 0.26% |
Jennison Natural Resources's Simple Moving Average forecast is generated from the selected price series and evaluated against observed values. Forecast accuracy depends on how stable the recent price trend has been — trending markets suit some models better than others. The forecast is recalculated with each session so it does not rely on stale inputs. A small Bias confirms the model is not systematically over- or under-predicting. The Simple Moving Average model projects JENNISON NATURAL at 66.10 for the next trading day, at the most recent closing price. All values shown are model-generated projections and should be evaluated alongside other analytical inputs.
Simple Moving Average Price Forecast For the 8th of May
Over a 90-day horizon, the Simple Moving Average model forecasts JENNISON NATURAL at 66.10 for the next trading day, with a mean absolute deviation of 0.73 , mean absolute percentage error of 0.01 , and sum of absolute errors of 43.98 .This represents a very tight forecast — the model closely tracks JENNISON NATURAL's recent price behavior. This output is intended for short-term analytical reference.
Mutual Fund Forecast Pattern
| Backtest JENNISON NATURAL | JENNISON NATURAL Price Prediction | Research Analysis |
Forecasted Value
The projected range for JENNISON NATURAL reflects the model's ability to define credible downside and upside scenarios for the next trading day. The current forecast range spans downside near 64.69 and upside near 67.51. The moderate spread reflects defined uncertainty around the forecast.
Model Predictive Factors
The table below summarizes the Simple Moving Average model's error metrics for JENNISON NATURAL mutual fund. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 116.0708 |
| Bias | Arithmetic mean of the errors | -0.0683 |
| MAD | Mean absolute deviation | 0.733 |
| MAPE | Mean absolute percentage error | 0.0115 |
| SAE | Sum of the absolute errors | 43.98 |
Other Forecasting Options for JENNISON NATURAL
Bollinger Bands applied to JENNISON NATURAL Mutual Fund price data measure how far JENNISON NATURAL has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to JENNISON NATURAL's price data. On-balance volume for JENNISON NATURAL Mutual Fund creates a running indicator of buying versus selling pressure in JENNISON NATURAL. Price departures from the channel boundary often mean-revert, offering tactical signals for JENNISON NATURAL's.JENNISON NATURAL Related Equities
The stocks listed below are peers of JENNISON NATURAL within the Natural Resources space and offer context for ranking and strength. Return on equity across these peers shows how well each firm turns capital into profit. A stock that beats its peers on many metrics often deserves a closer look from value-focused investors.
| Risk & Return | Correlation |
JENNISON NATURAL Market Strength Events
Market strength indicators for JENNISON NATURAL quantify how the mutual fund responds to shifts in volume and sentiment. These indicators capture shifts in momentum that may precede significant price moves in JENNISON NATURAL. The Market Facilitation Index measures how efficiently price moves relative to volume — rising MFI with rising volume signals strong trend participation. Monitoring these indicators for JENNISON NATURAL through complete market cycles reveals recurring patterns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 66.1 | |||
| Day Typical Price | 66.1 | |||
| Price Action Indicator | 0.085 | |||
| Period Momentum Indicator | 0.17 | |||
| Relative Strength Index | 56.09 |
JENNISON NATURAL Risk Indicators
Analyzing JENNISON NATURAL's risk indicators separates symmetric price swings from asymmetric downside exposure. Understanding and quantifying the risks present in JENNISON NATURAL helps place recent price behavior in context. These metrics are most informative when compared against similar equities with comparable growth profiles and market capitalization. When semi-deviation is high relative to standard deviation, JENNISON NATURAL's losses have been disproportionately large compared to gains.
| Mean Deviation | 1.19 | |||
| Semi Deviation | 1.65 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.53 | |||
| Downside Variance | 3.5 | |||
| Semi Variance | 2.74 | |||
| Expected Short fall | -1.09 |
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.