Merger Fund Mutual Fund Forecast - 8 Period Moving Average

MERIX Fund  USD 17.40  0.02  0.11%   
The 8 Period Moving Average forecasted value of The Merger Fund on the next trading day is expected to be 17.42 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.33. Merger Mutual Fund Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Merger Fund is based on an artificially constructed time series of Merger Fund 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.

Merger Fund 8 Period Moving Average Price Forecast For the 16th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of The Merger Fund on the next trading day is expected to be 17.42 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.33.
Please note that although there have been many attempts to predict Merger 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 Merger Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Merger Fund Mutual Fund Forecast Pattern

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Merger Fund Forecasted Value

In the context of forecasting Merger Fund'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. Merger Fund's downside and upside margins for the forecasting period are 17.27 and 17.57, respectively. We have considered Merger Fund'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
17.40
17.42
Expected Value
17.57
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 Merger Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Merger Fund 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 Criteria97.5314
BiasArithmetic mean of the errors -0.0034
MADMean absolute deviation0.044
MAPEMean absolute percentage error0.0025
SAESum of the absolute errors2.3325
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. The Merger Fund 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Merger Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Merger Fund. 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
17.2417.4017.56
Details
Intrinsic
Valuation
LowRealHigh
17.2417.4017.56
Details

Other Forecasting Options for Merger Fund

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

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

Merger Fund 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 Merger Fund'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 Merger Fund's current price.

Merger Fund Market Strength Events

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

Merger Fund Risk Indicators

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

Merger Fund financial ratios help investors to determine whether Merger 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 Merger with respect to the benefits of owning Merger Fund security.
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