Nasdaq-100 Fund Mutual Fund Forecast - 4 Period Moving Average

RYHOX Fund  USD 77.43  0.10  0.13%   
The 4 Period Moving Average forecasted value of Nasdaq 100 Fund Class on the next trading day is expected to be 77.35 with a mean absolute deviation of 0.87 and the sum of the absolute errors of 50.32. Nasdaq-100 Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Nasdaq 100 Fund Class is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Nasdaq-100 Fund 4 Period Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Nasdaq 100 Fund Class on the next trading day is expected to be 77.35 with a mean absolute deviation of 0.87, mean absolute percentage error of 1.32, and the sum of the absolute errors of 50.32.
Please note that although there have been many attempts to predict Nasdaq-100 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 Nasdaq-100 Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nasdaq-100 Fund Mutual Fund Forecast Pattern

Backtest Nasdaq-100 FundNasdaq-100 Fund Price PredictionBuy or Sell Advice 

Nasdaq-100 Fund Forecasted Value

In the context of forecasting Nasdaq-100 Fund'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. Nasdaq-100 Fund's downside and upside margins for the forecasting period are 76.24 and 78.45, respectively. We have considered Nasdaq-100 Fund'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
77.43
77.35
Expected Value
78.45
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Nasdaq-100 Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Nasdaq-100 Fund 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 Criteria112.8735
BiasArithmetic mean of the errors -0.2831
MADMean absolute deviation0.8675
MAPEMean absolute percentage error0.0116
SAESum of the absolute errors50.3175
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Nasdaq-100 Fund. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Nasdaq 100 Fund Class and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Nasdaq-100 Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nasdaq 100 Fund. 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
72.5473.6585.17
Details
Intrinsic
Valuation
LowRealHigh
72.4573.5685.17
Details
Bollinger
Band Projection (param)
LowMiddleHigh
75.8377.4979.16
Details

Other Forecasting Options for Nasdaq-100 Fund

For every potential investor in Nasdaq-100, whether a beginner or expert, Nasdaq-100 Fund's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nasdaq-100 Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nasdaq-100. Basic forecasting techniques help filter out the noise by identifying Nasdaq-100 Fund's price trends.

Nasdaq-100 Fund 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 Nasdaq-100 Fund mutual fund to make a market-neutral strategy. Peer analysis of Nasdaq-100 Fund could also be used in its relative valuation, which is a method of valuing Nasdaq-100 Fund by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Nasdaq 100 Fund 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 Nasdaq-100 Fund'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 Nasdaq-100 Fund's current price.

Nasdaq-100 Fund Market Strength Events

Market strength indicators help investors to evaluate how Nasdaq-100 Fund 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 Nasdaq-100 Fund shares will generate the highest return on investment. By undertsting and applying Nasdaq-100 Fund mutual fund market strength indicators, traders can identify Nasdaq 100 Fund Class entry and exit signals to maximize returns.

Nasdaq-100 Fund Risk Indicators

The analysis of Nasdaq-100 Fund'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 Nasdaq-100 Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nasdaq-100 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 Nasdaq-100 Mutual Fund

Nasdaq-100 Fund financial ratios help investors to determine whether Nasdaq-100 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 Nasdaq-100 with respect to the benefits of owning Nasdaq-100 Fund security.
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