Great-west Moderately Mutual Fund Forecast - 4 Period Moving Average

MXHRX Fund  USD 10.61  0.03  0.28%   
The 4 Period Moving Average forecasted value of Great West Moderately Aggressive on the next trading day is expected to be 10.60 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.22. Great-west Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Great West Moderately Aggressive is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Great-west Moderately 4 Period Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Great West Moderately Aggressive on the next trading day is expected to be 10.60 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.22.
Please note that although there have been many attempts to predict Great-west 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 Great-west Moderately's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Great-west Moderately Mutual Fund Forecast Pattern

Backtest Great-west ModeratelyGreat-west Moderately Price PredictionBuy or Sell Advice 

Great-west Moderately Forecasted Value

In the context of forecasting Great-west Moderately'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. Great-west Moderately's downside and upside margins for the forecasting period are 10.07 and 11.12, respectively. We have considered Great-west Moderately'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
10.61
10.60
Expected Value
11.12
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Great-west Moderately mutual fund data series using in forecasting. Note that when a statistical model is used to represent Great-west Moderately 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 Criteria105.4769
BiasArithmetic mean of the errors -0.0166
MADMean absolute deviation0.0564
MAPEMean absolute percentage error0.0054
SAESum of the absolute errors3.215
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Great-west Moderately. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Great West Moderately Aggressive and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Great-west Moderately

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Great West Moderately. 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
10.0810.6111.14
Details
Intrinsic
Valuation
LowRealHigh
10.0210.5511.08
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.4410.5310.61
Details

Other Forecasting Options for Great-west Moderately

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

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

Great West Moderately 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 Great-west Moderately'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 Great-west Moderately's current price.

Great-west Moderately Market Strength Events

Market strength indicators help investors to evaluate how Great-west Moderately 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 Great-west Moderately shares will generate the highest return on investment. By undertsting and applying Great-west Moderately mutual fund market strength indicators, traders can identify Great West Moderately Aggressive entry and exit signals to maximize returns.

Great-west Moderately Risk Indicators

The analysis of Great-west Moderately'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 Great-west Moderately's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting great-west 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 Great-west Mutual Fund

Great-west Moderately financial ratios help investors to determine whether Great-west 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 Great-west with respect to the benefits of owning Great-west Moderately security.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins