SUPREMO FUNDO Fund Forecast - Triple Exponential Smoothing

SPMO11 Fund   144.00  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of SUPREMO FUNDO DE on the next trading day is expected to be 144.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Investors can use prediction functions to forecast SUPREMO FUNDO's fund prices and determine the direction of SUPREMO FUNDO DE's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
Triple exponential smoothing for SUPREMO FUNDO - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When SUPREMO FUNDO prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in SUPREMO FUNDO price movement. However, neither of these exponential smoothing models address any seasonality of SUPREMO FUNDO DE.

SUPREMO FUNDO Triple Exponential Smoothing Price Forecast For the 19th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of SUPREMO FUNDO DE on the next trading day is expected to be 144.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict SUPREMO 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 SUPREMO FUNDO's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SUPREMO FUNDO Fund Forecast Pattern

SUPREMO FUNDO Forecasted Value

In the context of forecasting SUPREMO FUNDO'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. SUPREMO FUNDO's downside and upside margins for the forecasting period are 144.00 and 144.00, respectively. We have considered SUPREMO FUNDO'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
144.00
144.00
Downside
144.00
Expected Value
144.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of SUPREMO FUNDO fund data series using in forecasting. Note that when a statistical model is used to represent SUPREMO FUNDO 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 CriteriaHuge
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
As with simple exponential smoothing, in triple exponential smoothing models past SUPREMO FUNDO observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older SUPREMO FUNDO DE observations.

Predictive Modules for SUPREMO FUNDO

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SUPREMO FUNDO DE. 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.

Other Forecasting Options for SUPREMO FUNDO

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

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

SUPREMO FUNDO DE 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 SUPREMO FUNDO'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 SUPREMO FUNDO's current price.

SUPREMO FUNDO Market Strength Events

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

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.
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