Spectrum Fund Mutual Fund Forecast - 4 Period Moving Average

SRUAX Fund  USD 15.33  0.10  0.66%   
The 4 Period Moving Average forecasted value of Spectrum Fund Adviser on the next trading day is expected to be 15.29 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.26. Spectrum Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Spectrum Fund Adviser 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.

Spectrum Fund 4 Period Moving Average Price Forecast For the 1st of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Spectrum Fund Adviser on the next trading day is expected to be 15.29 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.26.
Please note that although there have been many attempts to predict Spectrum 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 Spectrum Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Spectrum Fund Mutual Fund Forecast Pattern

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Spectrum Fund Forecasted Value

In the context of forecasting Spectrum Fund'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. Spectrum Fund's downside and upside margins for the forecasting period are 14.57 and 16.01, respectively. We have considered Spectrum Fund'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
15.33
15.29
Expected Value
16.01
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 Spectrum Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Spectrum Fund 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 Criteria108.9362
BiasArithmetic mean of the errors -0.0478
MADMean absolute deviation0.1252
MAPEMean absolute percentage error0.0084
SAESum of the absolute errors7.26
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 Spectrum Fund. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Spectrum Fund Adviser and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Spectrum Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spectrum Fund Adviser. 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
14.5115.2315.95
Details
Intrinsic
Valuation
LowRealHigh
14.3815.1015.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Spectrum Fund. Your research has to be compared to or analyzed against Spectrum Fund's peers to derive any actionable benefits. When done correctly, Spectrum Fund'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 Spectrum Fund Adviser.

Other Forecasting Options for Spectrum Fund

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

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

Spectrum Fund Adviser 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 Spectrum Fund'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 Spectrum Fund's current price.

Spectrum Fund Market Strength Events

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

Spectrum Fund Risk Indicators

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

Spectrum Fund financial ratios help investors to determine whether Spectrum 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 Spectrum with respect to the benefits of owning Spectrum Fund security.
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