Sparinvest Lange Fund Forecast - Simple Exponential Smoothing

SPILOLKLA  DKK 95.48  0.14  0.15%   
The Simple Exponential Smoothing forecasted value of Sparinvest Lange on the next trading day is expected to be 95.47 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.49. Sparinvest Fund Forecast is based on your current time horizon.
  
Sparinvest Lange simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Sparinvest Lange are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Sparinvest Lange prices get older.

Sparinvest Lange Simple Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Sparinvest Lange on the next trading day is expected to be 95.47 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.06, and the sum of the absolute errors of 11.49.
Please note that although there have been many attempts to predict Sparinvest 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 Sparinvest Lange's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sparinvest Lange Fund Forecast Pattern

Sparinvest Lange Forecasted Value

In the context of forecasting Sparinvest Lange's 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. Sparinvest Lange's downside and upside margins for the forecasting period are 95.20 and 95.73, respectively. We have considered Sparinvest Lange'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
95.48
95.47
Expected Value
95.73
Upside

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 Sparinvest Lange fund data series using in forecasting. Note that when a statistical model is used to represent Sparinvest Lange 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 Criteria115.2379
BiasArithmetic mean of the errors -0.0466
MADMean absolute deviation0.1883
MAPEMean absolute percentage error0.002
SAESum of the absolute errors11.4889
This simple exponential smoothing model begins by setting Sparinvest Lange forecast for the second period equal to the observation of the first period. In other words, recent Sparinvest Lange observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Sparinvest Lange

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sparinvest Lange. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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
95.2295.4895.74
Details
Intrinsic
Valuation
LowRealHigh
94.9695.2295.48
Details
Bollinger
Band Projection (param)
LowMiddleHigh
94.9295.2495.56
Details

Other Forecasting Options for Sparinvest Lange

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

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

Sparinvest Lange Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sparinvest Lange'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 Sparinvest Lange's current price.

Sparinvest Lange Market Strength Events

Market strength indicators help investors to evaluate how Sparinvest Lange fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparinvest Lange shares will generate the highest return on investment. By undertsting and applying Sparinvest Lange fund market strength indicators, traders can identify Sparinvest Lange entry and exit signals to maximize returns.

Sparinvest Lange Risk Indicators

The analysis of Sparinvest Lange'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 Sparinvest Lange's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sparinvest 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.

Pair Trading with Sparinvest Lange

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sparinvest Lange position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sparinvest Lange will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sparinvest Fund

  0.8JYIKOB Jyske Invest KortePairCorr
  0.7JYINOBV Jyske Invest NyePairCorr
  0.84JYIVIRK Jyske Invest VirksomPairCorr
  0.9JYIHRV Jyske Invest HjtPairCorr
The ability to find closely correlated positions to Sparinvest Lange could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sparinvest Lange when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sparinvest Lange - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sparinvest Lange to buy it.
The correlation of Sparinvest Lange is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sparinvest Lange moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sparinvest Lange moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sparinvest Lange can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Sparinvest Fund

Sparinvest Lange financial ratios help investors to determine whether Sparinvest 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 Sparinvest with respect to the benefits of owning Sparinvest Lange security.
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