Sit Balanced Mutual Fund Forecast - 4 Period Moving Average

SIBAX Fund  USD 35.77  0.05  0.14%   
The 4 Period Moving Average forecasted value of Sit Balanced Fund on the next trading day is expected to be 35.78 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 12.51. Sit Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Sit Balanced Fund 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.

Sit Balanced 4 Period Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Sit Balanced Fund on the next trading day is expected to be 35.78 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.09, and the sum of the absolute errors of 12.51.
Please note that although there have been many attempts to predict Sit 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 Sit Balanced's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sit Balanced Mutual Fund Forecast Pattern

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Sit Balanced Forecasted Value

In the context of forecasting Sit Balanced'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. Sit Balanced's downside and upside margins for the forecasting period are 35.20 and 36.36, respectively. We have considered Sit Balanced'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
35.77
35.78
Expected Value
36.36
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 Sit Balanced mutual fund data series using in forecasting. Note that when a statistical model is used to represent Sit Balanced 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 Criteria108.3432
BiasArithmetic mean of the errors -0.0696
MADMean absolute deviation0.2196
MAPEMean absolute percentage error0.0062
SAESum of the absolute errors12.515
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 Sit Balanced. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Sit Balanced Fund and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Sit Balanced

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sit Balanced. 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
35.1935.7736.35
Details
Intrinsic
Valuation
LowRealHigh
34.9935.5736.15
Details
Bollinger
Band Projection (param)
LowMiddleHigh
35.7435.7935.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sit Balanced. Your research has to be compared to or analyzed against Sit Balanced's peers to derive any actionable benefits. When done correctly, Sit Balanced'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 Sit Balanced.

Other Forecasting Options for Sit Balanced

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

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

Sit Balanced 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 Sit Balanced'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 Sit Balanced's current price.

Sit Balanced Market Strength Events

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

Sit Balanced Risk Indicators

The analysis of Sit Balanced'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 Sit Balanced's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sit 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 Sit Mutual Fund

Sit Balanced financial ratios help investors to determine whether Sit 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 Sit with respect to the benefits of owning Sit Balanced security.
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