Sparinvest INDEX Fund Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Sparinvest INDEX - 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 Sparinvest INDEX 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 Sparinvest INDEX price movement. However, neither of these exponential smoothing models address any seasonality of Sparinvest INDEX Global.

Sparinvest INDEX Triple Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Sparinvest INDEX Global on the next trading day is expected to be 158.95 with a mean absolute deviation of 0.73, mean absolute percentage error of 0.87, and the sum of the absolute errors of 43.35.

Sparinvest INDEX Fund Forecast Pattern

Sparinvest INDEX Forecasted Value

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 Sparinvest INDEX fund data series using in forecasting. Note that when a statistical model is used to represent Sparinvest INDEX 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. As with simple exponential smoothing, in triple exponential smoothing models past Sparinvest INDEX 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 Sparinvest INDEX Global observations.

Predictive Modules for Sparinvest INDEX

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 INDEX Global. 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 Low Estimated High 157.98 158.60 159.22 Details

Intrinsic Valuation Low Real High 157.19 157.81 174.46 Details

Bollinger Band Projection (param) Low Middle High 153.30 157.00 160.69 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sparinvest INDEX. Your research has to be compared to or analyzed against Sparinvest INDEX's peers to derive any actionable benefits. When done correctly, Sparinvest INDEX'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 Sparinvest INDEX Global.

Other Forecasting Options for Sparinvest INDEX

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

Sparinvest INDEX Related Equities

Risk & Return

Correlation

Sparinvest INDEX Global 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 INDEX'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 INDEX's current price.

Sparinvest INDEX Market Strength Events

Sparinvest INDEX Risk Indicators

Pair Trading with Sparinvest INDEX

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

Other Information on Investing in Sparinvest Fund