Prudential Jennison Mutual Fund Forecast - Simple Exponential Smoothing

Prudential Jennison Additional Predictive Modules

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

Prudential Jennison Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Prudential Jennison Global on the next trading day is expected to be 31.14 with a mean absolute deviation of 0.34, mean absolute percentage error of 1.38, and the sum of the absolute errors of 20.93.

Prudential Jennison Mutual Fund Forecast Pattern

Backtest Prudential Jennison

Prudential Jennison Price Prediction

Buy or Sell Advice

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

Predictive Modules for Prudential Jennison

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prudential Jennison. 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 25.98 31.14 36.30 Details

Intrinsic Valuation Low Real High 27.53 32.69 37.85 Details

Bollinger Band Projection (param) Low Middle High 30.83 31.59 32.35 Details

Prudential Jennison After-Hype Price Prediction Density Analysis

Prudential Jennison Estimiated After-Hype Price Volatility

Prudential Jennison Mutual Fund Price Prediction Analysis

Prudential Jennison Hype Timeline

Prudential Jennison is at this time traded for 31.14. The entity has historical hype elasticity of 8.82, and average elasticity to hype of competition of 4.67. Prudential 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 about 33.59%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.57%. %. The volatility of related hype on Prudential Jennison is about 63.44%, with the expected price after the next announcement by competition of 35.81. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be in about 4 days. Check out Historical Fundamental Analysis of Prudential Jennison to cross-verify your projections.

Prudential Jennison Related Hype Analysis

Other Forecasting Options for Prudential Jennison

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

Prudential Jennison Related Equities

Risk & Return

Correlation

Prudential Jennison Market Strength Events

Prudential Jennison Risk Indicators

Story Coverage note for Prudential Jennison

Other Macroaxis Stories

Other Information on Investing in Prudential Mutual Fund