Investment Mutual Fund Forecast - 8 Period Moving Average
RICGX Fund | USD 62.62 0.36 0.58% |
The 8 Period Moving Average forecasted value of Investment Of America on the next trading day is expected to be 62.01 with a mean absolute deviation of 0.69 and the sum of the absolute errors of 37.20. Investment Mutual Fund Forecast is based on your current time horizon.
Investment |
Investment 8 Period Moving Average Price Forecast For the 27th of November
Given 90 days horizon, the 8 Period Moving Average forecasted value of Investment Of America on the next trading day is expected to be 62.01 with a mean absolute deviation of 0.69, mean absolute percentage error of 0.69, and the sum of the absolute errors of 37.20.Please note that although there have been many attempts to predict Investment 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 Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Investment Mutual Fund Forecast Pattern
Backtest Investment | Investment Price Prediction | Buy or Sell Advice |
Investment Forecasted Value
In the context of forecasting Investment'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. Investment's downside and upside margins for the forecasting period are 61.26 and 62.76, respectively. We have considered Investment'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Investment mutual fund data series using in forecasting. Note that when a statistical model is used to represent Investment 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.AIC | Akaike Information Criteria | 104.8704 |
Bias | Arithmetic mean of the errors | -0.3635 |
MAD | Mean absolute deviation | 0.689 |
MAPE | Mean absolute percentage error | 0.0113 |
SAE | Sum of the absolute errors | 37.2038 |
Predictive Modules for Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Investment Of America. 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.Other Forecasting Options for Investment
For every potential investor in Investment, whether a beginner or expert, Investment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Investment Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Investment. Basic forecasting techniques help filter out the noise by identifying Investment's price trends.Investment 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 Investment mutual fund to make a market-neutral strategy. Peer analysis of Investment could also be used in its relative valuation, which is a method of valuing Investment by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Investment Of America 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 Investment'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 Investment's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Investment Market Strength Events
Market strength indicators help investors to evaluate how Investment 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 Investment shares will generate the highest return on investment. By undertsting and applying Investment mutual fund market strength indicators, traders can identify Investment Of America entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 62.62 | |||
Day Typical Price | 62.62 | |||
Price Action Indicator | 0.18 | |||
Period Momentum Indicator | 0.36 | |||
Relative Strength Index | 67.28 |
Investment Risk Indicators
The analysis of Investment'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 Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting investment 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.
Mean Deviation | 0.5392 | |||
Semi Deviation | 0.6675 | |||
Standard Deviation | 0.7469 | |||
Variance | 0.5579 | |||
Downside Variance | 0.655 | |||
Semi Variance | 0.4455 | |||
Expected Short fall | (0.56) |
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 Investment Mutual Fund
Investment financial ratios help investors to determine whether Investment 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 Investment with respect to the benefits of owning Investment security.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |