Templeton China Mutual Fund Forecast - Naive Prediction

TACWXDelisted Fund  USD 8.23  0.00  0.00%   
The Naive Prediction forecasted value of Templeton China World on the next trading day is expected to be 7.74 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 14.67. Templeton Mutual Fund Forecast is based on your current time horizon.
  
A naive forecasting model for Templeton China is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Templeton China World value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Templeton China Naive Prediction Price Forecast For the 3rd of December

Given 90 days horizon, the Naive Prediction forecasted value of Templeton China World on the next trading day is expected to be 7.74 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.10, and the sum of the absolute errors of 14.67.
Please note that although there have been many attempts to predict Templeton 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 Templeton China's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Templeton China Mutual Fund Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Templeton China mutual fund data series using in forecasting. Note that when a statistical model is used to represent Templeton China 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 Criteria115.8172
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2405
MAPEMean absolute percentage error0.0305
SAESum of the absolute errors14.6724
This model is not at all useful as a medium-long range forecasting tool of Templeton China World. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Templeton China. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Templeton China

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Templeton China World. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Templeton China'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
8.238.238.23
Details
Intrinsic
Valuation
LowRealHigh
7.627.629.05
Details

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

Templeton China Market Strength Events

Market strength indicators help investors to evaluate how Templeton China 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 Templeton China shares will generate the highest return on investment. By undertsting and applying Templeton China mutual fund market strength indicators, traders can identify Templeton China World 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.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Consideration for investing in Templeton Mutual Fund

If you are still planning to invest in Templeton China World check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Templeton China's history and understand the potential risks before investing.
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