Sgi Peak Mutual Fund Forecast - Simple Moving Average

SGPKX Fund  USD 12.83  0.06  0.47%   
The Simple Moving Average forecasted value of Sgi Peak Growth on the next trading day is expected to be 12.83 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.19. Sgi Mutual Fund Forecast is based on your current time horizon.
  
A two period moving average forecast for Sgi Peak 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.

Sgi Peak Simple Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Sgi Peak Growth on the next trading day is expected to be 12.83 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.19.
Please note that although there have been many attempts to predict Sgi 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 Sgi Peak's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sgi Peak Mutual Fund Forecast Pattern

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Sgi Peak Forecasted Value

In the context of forecasting Sgi Peak'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. Sgi Peak's downside and upside margins for the forecasting period are 12.19 and 13.47, respectively. We have considered Sgi Peak'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
12.83
12.83
Expected Value
13.47
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 Sgi Peak mutual fund data series using in forecasting. Note that when a statistical model is used to represent Sgi Peak 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 Criteria111.569
BiasArithmetic mean of the errors -0.0058
MADMean absolute deviation0.0698
MAPEMean absolute percentage error0.0055
SAESum of the absolute errors4.19
The simple moving average model is conceptually a linear regression of the current value of Sgi Peak Growth price series against current and previous (unobserved) value of Sgi Peak. 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 Sgi Peak

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sgi Peak Growth. 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
12.1912.8313.47
Details
Intrinsic
Valuation
LowRealHigh
12.1512.7913.43
Details

Other Forecasting Options for Sgi Peak

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

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

Sgi Peak Growth 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 Sgi Peak'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 Sgi Peak's current price.

Sgi Peak Market Strength Events

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

Sgi Peak Risk Indicators

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

Sgi Peak financial ratios help investors to determine whether Sgi 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 Sgi with respect to the benefits of owning Sgi Peak security.
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