Energy Basic Mutual Fund Forecast - Simple Exponential Smoothing
| SEPIX Fund | USD 13.10 0.00 0.00% |
The Simple Exponential Smoothing forecasted value of Energy Basic Materials on the next trading day is expected to be 13.10 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.88. Energy Mutual Fund Forecast is based on your current time horizon.
At this time, the relative strength index (RSI) of Energy Basic's share price is approaching 45. This usually implies that the mutual fund is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Energy Basic, making its price go up or down. Momentum 45
Impartial
Oversold | Overbought |
Using Energy Basic hype-based prediction, you can estimate the value of Energy Basic Materials from the perspective of Energy Basic response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Energy Basic Materials on the next trading day is expected to be 13.10 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.88. Energy Basic after-hype prediction price | USD 13.1 |
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.
Energy |
Energy Basic Additional Predictive Modules
Most predictive techniques to examine Energy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Energy using various technical indicators. When you analyze Energy 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 |
Energy Basic Simple Exponential Smoothing Price Forecast For the 10th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Energy Basic Materials on the next trading day is expected to be 13.10 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.88.Please note that although there have been many attempts to predict Energy 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 Energy Basic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Energy Basic Mutual Fund Forecast Pattern
| Backtest Energy Basic | Energy Basic Price Prediction | Buy or Sell Advice |
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 Energy Basic mutual fund data series using in forecasting. Note that when a statistical model is used to represent Energy Basic 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 | 111.7891 |
| Bias | Arithmetic mean of the errors | 0.0053 |
| MAD | Mean absolute deviation | 0.0647 |
| MAPE | Mean absolute percentage error | 0.0049 |
| SAE | Sum of the absolute errors | 3.88 |
Predictive Modules for Energy Basic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energy Basic Materials. 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.Energy Basic 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 Energy Basic mutual fund to make a market-neutral strategy. Peer analysis of Energy Basic could also be used in its relative valuation, which is a method of valuing Energy Basic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Energy Basic Market Strength Events
Market strength indicators help investors to evaluate how Energy Basic 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 Energy Basic shares will generate the highest return on investment. By undertsting and applying Energy Basic mutual fund market strength indicators, traders can identify Energy Basic Materials entry and exit signals to maximize returns.
Energy Basic Risk Indicators
The analysis of Energy Basic'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 Energy Basic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting energy 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 | 0.4891 | |||
| Standard Deviation | 0.7862 | |||
| Variance | 0.6182 |
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 Energy Mutual Fund
Energy Basic financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Basic security.
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