Fm Investments Mutual Fund Forecast - Triple Exponential Smoothing

IAFMX Fund  USD 18.47  0.14  0.76%   
The Triple Exponential Smoothing forecasted value of Fm Investments Large on the next trading day is expected to be 18.50 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.17. IAFMX Mutual Fund Forecast is based on your current time horizon.
  
Triple exponential smoothing for Fm Investments - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Fm Investments 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 trend in Fm Investments price movement. However, neither of these exponential smoothing models address any seasonality of Fm Investments Large.

Fm Investments Triple Exponential Smoothing Price Forecast For the 3rd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Fm Investments Large on the next trading day is expected to be 18.50 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.17.
Please note that although there have been many attempts to predict IAFMX 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 Fm Investments' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fm Investments Mutual Fund Forecast Pattern

Backtest Fm InvestmentsFm Investments Price PredictionBuy or Sell Advice 

Fm Investments Forecasted Value

In the context of forecasting Fm Investments' 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. Fm Investments' downside and upside margins for the forecasting period are 17.50 and 19.50, respectively. We have considered Fm Investments' 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
18.47
18.50
Expected Value
19.50
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Fm Investments mutual fund data series using in forecasting. Note that when a statistical model is used to represent Fm Investments 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 0.0283
MADMean absolute deviation0.1384
MAPEMean absolute percentage error0.0078
SAESum of the absolute errors8.1674
As with simple exponential smoothing, in triple exponential smoothing models past Fm Investments observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Fm Investments Large observations.

Predictive Modules for Fm Investments

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fm Investments Large. 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
17.4718.4719.47
Details
Intrinsic
Valuation
LowRealHigh
17.1818.1819.18
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.4918.1518.81
Details

Other Forecasting Options for Fm Investments

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

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

Fm Investments Large 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 Fm Investments' 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 Fm Investments' current price.

Fm Investments Market Strength Events

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

Fm Investments Risk Indicators

The analysis of Fm Investments' 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 Fm Investments' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting iafmx 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 IAFMX Mutual Fund

Fm Investments financial ratios help investors to determine whether IAFMX 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 IAFMX with respect to the benefits of owning Fm Investments security.
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