Avantis Emerging Mutual Fund Forecast - Double Exponential Smoothing

AVENX Fund  USD 12.26  0.09  0.74%   
The Double Exponential Smoothing forecasted value of Avantis Emerging Markets on the next trading day is expected to be 12.26 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.17. Avantis Mutual Fund Forecast is based on your current time horizon.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Avantis Emerging works best with periods where there are trends or seasonality.

Avantis Emerging Double Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Avantis Emerging Markets on the next trading day is expected to be 12.26 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.17.
Please note that although there have been many attempts to predict Avantis 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 Avantis Emerging's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Avantis Emerging Mutual Fund Forecast Pattern

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Avantis Emerging Forecasted Value

In the context of forecasting Avantis Emerging'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. Avantis Emerging's downside and upside margins for the forecasting period are 11.33 and 13.19, respectively. We have considered Avantis Emerging'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
12.26
12.26
Expected Value
13.19
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Avantis Emerging mutual fund data series using in forecasting. Note that when a statistical model is used to represent Avantis Emerging 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0134
MADMean absolute deviation0.0876
MAPEMean absolute percentage error0.007
SAESum of the absolute errors5.1672
When Avantis Emerging Markets 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 Avantis Emerging Markets trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Avantis Emerging observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Avantis Emerging

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avantis Emerging Markets. 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
11.3312.2613.19
Details
Intrinsic
Valuation
LowRealHigh
11.3812.3113.24
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.1212.2012.27
Details

Other Forecasting Options for Avantis Emerging

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

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

Avantis Emerging Markets 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 Avantis Emerging'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 Avantis Emerging's current price.

Avantis Emerging Market Strength Events

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

Avantis Emerging Risk Indicators

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

Avantis Emerging financial ratios help investors to determine whether Avantis 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 Avantis with respect to the benefits of owning Avantis Emerging security.
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