Lkcm Small-mid Mutual Fund Forecast - Triple Exponential Smoothing

LKSMX Fund  USD 12.37  0.05  0.41%   
The Triple Exponential Smoothing forecasted value of Lkcm Small Mid Cap on the next trading day is expected to be 12.42 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.50. Lkcm Mutual Fund Forecast is based on your current time horizon.
  
Triple exponential smoothing for Lkcm Small-mid - 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 Lkcm Small-mid 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 Lkcm Small-mid price movement. However, neither of these exponential smoothing models address any seasonality of Lkcm Small Mid.

Lkcm Small-mid Triple Exponential Smoothing Price Forecast For the 5th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Lkcm Small Mid Cap on the next trading day is expected to be 12.42 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.50.
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 Small-mid's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lkcm Small-mid Mutual Fund Forecast Pattern

Backtest Lkcm Small-midLkcm Small-mid Price PredictionBuy or Sell Advice 

Lkcm Small-mid Forecasted Value

In the context of forecasting Lkcm Small-mid'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 Small-mid's downside and upside margins for the forecasting period are 11.50 and 13.34, respectively. We have considered Lkcm Small-mid'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
12.37
12.42
Expected Value
13.34
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 Lkcm Small-mid mutual fund data series using in forecasting. Note that when a statistical model is used to represent Lkcm Small-mid 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 0.0142
MADMean absolute deviation0.0763
MAPEMean absolute percentage error0.0067
SAESum of the absolute errors4.5
As with simple exponential smoothing, in triple exponential smoothing models past Lkcm Small-mid 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 Lkcm Small Mid Cap observations.

Predictive Modules for Lkcm Small-mid

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 Small Mid. 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
11.4012.3213.24
Details
Intrinsic
Valuation
LowRealHigh
12.2113.1314.05
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.8912.1312.37
Details

Other Forecasting Options for Lkcm Small-mid

For every potential investor in Lkcm, whether a beginner or expert, Lkcm Small-mid'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 Small-mid's price trends.

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

Lkcm Small Mid 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 Small-mid'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 Small-mid's current price.

Lkcm Small-mid Market Strength Events

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

Lkcm Small-mid Risk Indicators

The analysis of Lkcm Small-mid'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 Small-mid'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 Small-mid 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 Small-mid security.
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