Putnam Convertible Mutual Fund Forecast - Simple Exponential Smoothing

Putnam Convertible Additional Predictive Modules

Most predictive techniques to examine Putnam price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Putnam using various technical indicators. When you analyze Putnam 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. Putnam Convertible 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 Putnam Convertible Incm Gwth are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Putnam Convertible Incm prices get older.

Putnam Convertible Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Putnam Convertible Incm Gwth on the next trading day is expected to be 27.84 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.08, and the sum of the absolute errors of 12.12.

Putnam Convertible Mutual Fund Forecast Pattern

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Putnam Convertible Price Prediction

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Putnam Convertible Forecasted Value

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 Putnam Convertible mutual fund data series using in forecasting. Note that when a statistical model is used to represent Putnam Convertible 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 Putnam Convertible Incm Gwth forecast for the second period equal to the observation of the first period. In other words, recent Putnam Convertible observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Putnam Convertible

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Putnam Convertible Incm. 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 0.00 0.00 1.07 Details

Intrinsic Valuation Low Real High 0.16 3.27 4.34 Details

Bollinger Band Projection (param) Low Middle High 25.41 26.98 28.56 Details

Putnam Convertible After-Hype Price Prediction Density Analysis

Putnam Convertible Estimiated After-Hype Price Volatility

Putnam Convertible Mutual Fund Price Prediction Analysis

Putnam Convertible Hype Timeline

Putnam Convertible Incm is at this time traded for 27.84. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.29. Putnam 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 0.11%. %. The volatility of related hype on Putnam Convertible is about 41.2%, with the expected price after the next announcement by competition of 27.55. The company last dividend was issued on the 26th of March 2020. Assuming the 90 days horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Putnam Convertible to cross-verify your projections.

Putnam Convertible Related Hype Analysis

Other Forecasting Options for Putnam Convertible

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

Putnam Convertible Related Equities

Risk & Return

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Putnam Convertible Market Strength Events

Putnam Convertible Risk Indicators

Story Coverage note for Putnam Convertible

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