Fa 529 Mutual Fund Forecast - Naive Prediction

FFCGX Fund  USD 39.76  0.24  0.61%   
The Naive Prediction forecasted value of Fa 529 Aggressive on the next trading day is expected to be 39.02 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.32. FFCGX Mutual Fund Forecast is based on your current time horizon.
  
A naive forecasting model for Fa 529 is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Fa 529 Aggressive 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.

Fa 529 Naive Prediction Price Forecast For the 27th of December

Given 90 days horizon, the Naive Prediction forecasted value of Fa 529 Aggressive on the next trading day is expected to be 39.02 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.13, and the sum of the absolute errors of 17.32.
Please note that although there have been many attempts to predict FFCGX 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 Fa 529's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fa 529 Mutual Fund Forecast Pattern

Fa 529 Forecasted Value

In the context of forecasting Fa 529'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. Fa 529's downside and upside margins for the forecasting period are 38.35 and 39.69, respectively. We have considered Fa 529'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
39.76
39.02
Expected Value
39.69
Upside

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 Fa 529 mutual fund data series using in forecasting. Note that when a statistical model is used to represent Fa 529 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 Criteria116.0857
BiasArithmetic mean of the errors None
MADMean absolute deviation0.284
MAPEMean absolute percentage error0.0071
SAESum of the absolute errors17.3247
This model is not at all useful as a medium-long range forecasting tool of Fa 529 Aggressive. 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 Fa 529. 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 Fa 529

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fa 529 Aggressive. 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
39.0939.7640.43
Details
Intrinsic
Valuation
LowRealHigh
39.1539.8240.49
Details
Bollinger
Band Projection (param)
LowMiddleHigh
34.1540.2346.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fa 529. Your research has to be compared to or analyzed against Fa 529's peers to derive any actionable benefits. When done correctly, Fa 529'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 Fa 529 Aggressive.

Other Forecasting Options for Fa 529

For every potential investor in FFCGX, whether a beginner or expert, Fa 529's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FFCGX Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FFCGX. Basic forecasting techniques help filter out the noise by identifying Fa 529's price trends.

Fa 529 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 Fa 529 mutual fund to make a market-neutral strategy. Peer analysis of Fa 529 could also be used in its relative valuation, which is a method of valuing Fa 529 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Fa 529 Aggressive 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 Fa 529'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 Fa 529's current price.

Fa 529 Market Strength Events

Market strength indicators help investors to evaluate how Fa 529 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 Fa 529 shares will generate the highest return on investment. By undertsting and applying Fa 529 mutual fund market strength indicators, traders can identify Fa 529 Aggressive entry and exit signals to maximize returns.

Fa 529 Risk Indicators

The analysis of Fa 529'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 Fa 529's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ffcgx 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 FFCGX Mutual Fund

Fa 529 financial ratios help investors to determine whether FFCGX 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 FFCGX with respect to the benefits of owning Fa 529 security.
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