Portfolio Mutual Fund Forecast - Naive Prediction

Portfolio Additional Predictive Modules

Most predictive techniques to examine Portfolio price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Portfolio using various technical indicators. When you analyze Portfolio 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 Portfolio is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Portfolio 21 Global 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.

Portfolio Naive Prediction Price Forecast For the 23rd of January

Given 90 days horizon, the Naive Prediction forecasted value of Portfolio 21 Global on the next trading day is expected to be 56.07 with a mean absolute deviation of 0.88, mean absolute percentage error of 1.56, and the sum of the absolute errors of 53.86.

Portfolio Mutual Fund Forecast Pattern

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Portfolio Price Prediction

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Portfolio 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 Portfolio mutual fund data series using in forecasting. Note that when a statistical model is used to represent Portfolio 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 Portfolio 21 Global. 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 Portfolio. 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 Portfolio

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Portfolio 21 Global. 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 53.78 56.08 58.38 Details

Intrinsic Valuation Low Real High 50.47 59.43 61.73 Details

Bollinger Band Projection (param) Low Middle High 54.55 55.64 56.74 Details

Portfolio After-Hype Price Prediction Density Analysis

Portfolio Estimiated After-Hype Price Volatility

Portfolio Mutual Fund Price Prediction Analysis

Portfolio Hype Timeline

Portfolio 21 Global is at this time traded for 56.08. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Portfolio 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 at this time at 0.35%. %. The volatility of related hype on Portfolio is about 0.0%, with the expected price after the next announcement by competition of 56.08. The company last dividend was issued on the 20th of December 2019. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Portfolio to cross-verify your projections.

Portfolio Related Hype Analysis

Other Forecasting Options for Portfolio

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

Portfolio Related Equities

Risk & Return

Correlation

Portfolio Market Strength Events

Portfolio Risk Indicators

Story Coverage note for Portfolio

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