Sa Mkt Mutual Fund Forecast - Naive Prediction
| SAMKX Fund | USD 42.24 0.04 0.09% |
The Naive Prediction forecasted value of Sa Mkt Fd on the next trading day is expected to be 42.77 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 18.27. SAMKX Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Sa Mkt's share price is below 20 . This usually implies that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Sa Mkt hype-based prediction, you can estimate the value of Sa Mkt Fd from the perspective of Sa Mkt response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Sa Mkt Fd on the next trading day is expected to be 42.77 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 18.27. Sa Mkt after-hype prediction price | USD 42.24 |
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.
SAMKX |
Sa Mkt Additional Predictive Modules
Most predictive techniques to examine SAMKX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SAMKX using various technical indicators. When you analyze SAMKX 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sa Mkt Naive Prediction Price Forecast For the 19th of January
Given 90 days horizon, the Naive Prediction forecasted value of Sa Mkt Fd on the next trading day is expected to be 42.77 with a mean absolute deviation of 0.30, mean absolute percentage error of 0.14, and the sum of the absolute errors of 18.27.Please note that although there have been many attempts to predict SAMKX 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 Sa Mkt's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sa Mkt Mutual Fund Forecast Pattern
| Backtest Sa Mkt | Sa Mkt Price Prediction | Buy or Sell Advice |
Sa Mkt Forecasted Value
In the context of forecasting Sa Mkt'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. Sa Mkt's downside and upside margins for the forecasting period are 42.12 and 43.43, respectively. We have considered Sa Mkt'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Sa Mkt mutual fund data series using in forecasting. Note that when a statistical model is used to represent Sa Mkt 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 | 116.1433 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2996 |
| MAPE | Mean absolute percentage error | 0.0073 |
| SAE | Sum of the absolute errors | 18.2731 |
Predictive Modules for Sa Mkt
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sa Mkt Fd. 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 Sa Mkt
For every potential investor in SAMKX, whether a beginner or expert, Sa Mkt's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SAMKX Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SAMKX. Basic forecasting techniques help filter out the noise by identifying Sa Mkt's price trends.Sa Mkt 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 Sa Mkt mutual fund to make a market-neutral strategy. Peer analysis of Sa Mkt could also be used in its relative valuation, which is a method of valuing Sa Mkt by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sa Mkt Fd 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 Sa Mkt'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 Sa Mkt's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sa Mkt Market Strength Events
Market strength indicators help investors to evaluate how Sa Mkt 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 Sa Mkt shares will generate the highest return on investment. By undertsting and applying Sa Mkt mutual fund market strength indicators, traders can identify Sa Mkt Fd entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 42.24 | |||
| Day Typical Price | 42.24 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.04) |
Sa Mkt Risk Indicators
The analysis of Sa Mkt'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 Sa Mkt's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting samkx 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 | 0.513 | |||
| Semi Deviation | 0.604 | |||
| Standard Deviation | 0.6618 | |||
| Variance | 0.438 | |||
| Downside Variance | 0.5547 | |||
| Semi Variance | 0.3648 | |||
| Expected Short fall | (0.52) |
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 SAMKX Mutual Fund
Sa Mkt financial ratios help investors to determine whether SAMKX 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 SAMKX with respect to the benefits of owning Sa Mkt security.
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