Sparinvest USA Fund Forecast - 4 Period Moving Average

SPIUSSKL  DKK 142.75  3.76  2.71%   
The 4 Period Moving Average forecasted value of Sparinvest USA Small on the next trading day is expected to be 140.34 with a mean absolute deviation of 1.91 and the sum of the absolute errors of 110.65. Sparinvest Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Sparinvest USA Small 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.

Sparinvest USA 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Sparinvest USA Small on the next trading day is expected to be 140.34 with a mean absolute deviation of 1.91, mean absolute percentage error of 7.20, and the sum of the absolute errors of 110.65.
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 USA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sparinvest USA Fund Forecast Pattern

Sparinvest USA Forecasted Value

In the context of forecasting Sparinvest USA'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 USA's downside and upside margins for the forecasting period are 139.00 and 141.68, respectively. We have considered Sparinvest USA'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
142.75
139.00
Downside
140.34
Expected Value
141.68
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 Sparinvest USA fund data series using in forecasting. Note that when a statistical model is used to represent Sparinvest USA 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 Criteria114.5708
BiasArithmetic mean of the errors -0.8478
MADMean absolute deviation1.9077
MAPEMean absolute percentage error0.0146
SAESum of the absolute errors110.6475
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 Sparinvest USA. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Sparinvest USA Small and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Sparinvest USA

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 USA Small. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sparinvest USA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
141.41142.75144.09
Details
Intrinsic
Valuation
LowRealHigh
141.48142.82144.16
Details
Bollinger
Band Projection (param)
LowMiddleHigh
134.68139.54144.40
Details

Other Forecasting Options for Sparinvest USA

For every potential investor in Sparinvest, whether a beginner or expert, Sparinvest USA'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 USA's price trends.

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

Sparinvest USA Small 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 USA'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 USA's current price.

Sparinvest USA Market Strength Events

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

Sparinvest USA Risk Indicators

The analysis of Sparinvest USA'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 USA'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 USA

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 USA 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 USA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sparinvest Fund

  0.86JYIKOB Jyske Invest KortePairCorr
  0.64JYIVIRK Jyske Invest VirksomPairCorr
  0.68JYIHRV Jyske Invest HjtPairCorr
The ability to find closely correlated positions to Sparinvest USA 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 USA 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 USA - 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 USA Small to buy it.
The correlation of Sparinvest USA 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 USA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sparinvest USA Small 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 USA 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 USA 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 USA security.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.