Lkcm Balanced Mutual Fund Forecast - 8 Period Moving Average

LKBAX Fund  USD 29.33  0.14  0.48%   
The 8 Period Moving Average forecasted value of Lkcm Balanced Fund on the next trading day is expected to be 29.58 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 11.30. Lkcm Mutual Fund Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Lkcm Balanced is based on an artificially constructed time series of Lkcm Balanced daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Lkcm Balanced 8 Period Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Lkcm Balanced Fund on the next trading day is expected to be 29.58 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.07, and the sum of the absolute errors of 11.30.
Please note that although there have been many attempts to predict Lkcm 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 Lkcm Balanced's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lkcm Balanced Mutual Fund Forecast Pattern

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Lkcm Balanced Forecasted Value

In the context of forecasting Lkcm Balanced'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. Lkcm Balanced's downside and upside margins for the forecasting period are 29.17 and 29.99, respectively. We have considered Lkcm Balanced'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
29.33
29.58
Expected Value
29.99
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Lkcm Balanced mutual fund data series using in forecasting. Note that when a statistical model is used to represent Lkcm Balanced 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 Criteria100.7277
BiasArithmetic mean of the errors -0.0655
MADMean absolute deviation0.2132
MAPEMean absolute percentage error0.0073
SAESum of the absolute errors11.3
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Lkcm Balanced Fund 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Lkcm Balanced

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lkcm Balanced. 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
28.9229.3329.74
Details
Intrinsic
Valuation
LowRealHigh
28.8629.2729.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lkcm Balanced. Your research has to be compared to or analyzed against Lkcm Balanced's peers to derive any actionable benefits. When done correctly, Lkcm Balanced'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 Lkcm Balanced.

Other Forecasting Options for Lkcm Balanced

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

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

Lkcm Balanced 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 Lkcm Balanced'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 Lkcm Balanced's current price.

Lkcm Balanced Market Strength Events

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

Lkcm Balanced Risk Indicators

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

Lkcm Balanced financial ratios help investors to determine whether Lkcm 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 Lkcm with respect to the benefits of owning Lkcm Balanced security.
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