Invesco Main Mutual Fund Forecast - Simple Moving Average

MNSQX Fund  USD 25.02  0.14  0.56%   
The Simple Moving Average forecasted value of Invesco Main Street on the next trading day is expected to be 25.02 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 13.56. Invesco Mutual Fund Forecast is based on your current time horizon.
  
A two period moving average forecast for Invesco Main is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Invesco Main Simple Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Invesco Main Street on the next trading day is expected to be 25.02 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.10, and the sum of the absolute errors of 13.56.
Please note that although there have been many attempts to predict Invesco 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 Invesco Main's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Invesco Main Mutual Fund Forecast Pattern

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Invesco Main Forecasted Value

In the context of forecasting Invesco Main'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. Invesco Main's downside and upside margins for the forecasting period are 23.88 and 26.16, respectively. We have considered Invesco Main'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
25.02
25.02
Expected Value
26.16
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Invesco Main mutual fund data series using in forecasting. Note that when a statistical model is used to represent Invesco Main 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 Criteria114.0096
BiasArithmetic mean of the errors -0.0495
MADMean absolute deviation0.226
MAPEMean absolute percentage error0.0094
SAESum of the absolute errors13.56
The simple moving average model is conceptually a linear regression of the current value of Invesco Main Street price series against current and previous (unobserved) value of Invesco Main. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Invesco Main

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco Main Street. 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
23.8825.0226.16
Details
Intrinsic
Valuation
LowRealHigh
23.6624.8025.94
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.7525.2225.69
Details

Other Forecasting Options for Invesco Main

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

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

Invesco Main Street 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 Invesco Main'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 Invesco Main's current price.

Invesco Main Market Strength Events

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

Invesco Main Risk Indicators

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

Invesco Main financial ratios help investors to determine whether Invesco 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 Invesco with respect to the benefits of owning Invesco Main security.
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