1290 Multi Mutual Fund Forecast - 4 Period Moving Average

TNMRX Fund  USD 9.62  0.04  0.42%   
The 4 Period Moving Average forecasted value of 1290 Multi Alternative Strategies on the next trading day is expected to be 9.59 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.09. 1290 Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for 1290 Multi Alternative Strategies 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.

1290 Multi 4 Period Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of 1290 Multi Alternative Strategies on the next trading day is expected to be 9.59 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.09.
Please note that although there have been many attempts to predict 1290 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 1290 Multi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

1290 Multi Mutual Fund Forecast Pattern

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1290 Multi Forecasted Value

In the context of forecasting 1290 Multi'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. 1290 Multi's downside and upside margins for the forecasting period are 9.27 and 9.92, respectively. We have considered 1290 Multi'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
9.62
9.59
Expected Value
9.92
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 1290 Multi mutual fund data series using in forecasting. Note that when a statistical model is used to represent 1290 Multi 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 Criteria104.5314
BiasArithmetic mean of the errors -0.0126
MADMean absolute deviation0.0366
MAPEMean absolute percentage error0.0038
SAESum of the absolute errors2.0875
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 1290 Multi. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for 1290 Multi Alternative Strategies and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for 1290 Multi

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1290 Multi Alternative. 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
9.299.629.95
Details
Intrinsic
Valuation
LowRealHigh
9.249.579.90
Details

Other Forecasting Options for 1290 Multi

For every potential investor in 1290, whether a beginner or expert, 1290 Multi's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1290 Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1290. Basic forecasting techniques help filter out the noise by identifying 1290 Multi's price trends.

1290 Multi 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 1290 Multi mutual fund to make a market-neutral strategy. Peer analysis of 1290 Multi could also be used in its relative valuation, which is a method of valuing 1290 Multi by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

1290 Multi Alternative 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 1290 Multi'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 1290 Multi's current price.

1290 Multi Market Strength Events

Market strength indicators help investors to evaluate how 1290 Multi 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 1290 Multi shares will generate the highest return on investment. By undertsting and applying 1290 Multi mutual fund market strength indicators, traders can identify 1290 Multi Alternative Strategies entry and exit signals to maximize returns.

1290 Multi Risk Indicators

The analysis of 1290 Multi'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 1290 Multi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 1290 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 1290 Mutual Fund

1290 Multi financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Multi security.
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