Multi Asset Mutual Fund Forecast - Double Exponential Smoothing

RAZAX Fund  USD 11.84  0.02  0.17%   
The Double Exponential Smoothing forecasted value of Multi Asset Growth Strategy on the next trading day is expected to be 11.85 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.56. Multi Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Multi Asset's share price is above 70 at this time indicating that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Multi, making its price go up or down.

Momentum 77

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Multi Asset's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Multi Asset Growth Strategy, which may create opportunities for some arbitrage if properly timed.
Using Multi Asset hype-based prediction, you can estimate the value of Multi Asset Growth Strategy from the perspective of Multi Asset response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Multi Asset Growth Strategy on the next trading day is expected to be 11.85 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.56.

Multi Asset after-hype prediction price

    
  USD 12.03  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Multi Asset to cross-verify your projections.

Multi Asset Additional Predictive Modules

Most predictive techniques to examine Multi price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Multi using various technical indicators. When you analyze Multi 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Multi Asset works best with periods where there are trends or seasonality.

Multi Asset Double Exponential Smoothing Price Forecast For the 7th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Multi Asset Growth Strategy on the next trading day is expected to be 11.85 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.56.
Please note that although there have been many attempts to predict Multi Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Multi Asset's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Multi Asset Mutual Fund Forecast Pattern

Backtest Multi AssetMulti Asset Price PredictionBuy or Sell Advice 

Multi Asset Forecasted Value

In the context of forecasting Multi Asset's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Multi Asset's downside and upside margins for the forecasting period are 11.40 and 12.31, respectively. We have considered Multi Asset's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
11.84
11.85
Expected Value
12.31
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Multi Asset mutual fund data series using in forecasting. Note that when a statistical model is used to represent Multi Asset 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0076
MADMean absolute deviation0.0434
MAPEMean absolute percentage error0.0038
SAESum of the absolute errors2.5604
When Multi Asset Growth Strategy prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Multi Asset Growth Strategy trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Multi Asset observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Multi Asset

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multi Asset Growth. 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
LowEstimatedHigh
11.5812.0312.48
Details
Intrinsic
Valuation
LowRealHigh
11.3511.8012.25
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.8111.8311.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Multi Asset. Your research has to be compared to or analyzed against Multi Asset's peers to derive any actionable benefits. When done correctly, Multi Asset's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Multi Asset Growth.

Other Forecasting Options for Multi Asset

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

Multi Asset Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Multi Asset mutual fund to make a market-neutral strategy. Peer analysis of Multi Asset could also be used in its relative valuation, which is a method of valuing Multi Asset by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Multi Asset Growth Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Multi Asset's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Multi Asset's current price.

Multi Asset Market Strength Events

Market strength indicators help investors to evaluate how Multi Asset mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Multi Asset shares will generate the highest return on investment. By undertsting and applying Multi Asset mutual fund market strength indicators, traders can identify Multi Asset Growth Strategy entry and exit signals to maximize returns.

Multi Asset Risk Indicators

The analysis of Multi Asset's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Multi Asset's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting multi mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Multi Mutual Fund

Multi Asset financial ratios help investors to determine whether Multi Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Multi with respect to the benefits of owning Multi Asset security.
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