Short Small Mutual Fund Forecast - Double Exponential Smoothing

SHPIX Fund  USD 53.92  2.28  4.42%   
The Double Exponential Smoothing forecasted value of Short Small Cap Profund on the next trading day is expected to be 54.07 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 31.17. Short Mutual Fund Forecast is based on your current time horizon.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Short Small works best with periods where there are trends or seasonality.

Short Small Double Exponential Smoothing Price Forecast For the 20th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Short Small Cap Profund on the next trading day is expected to be 54.07 with a mean absolute deviation of 0.53, mean absolute percentage error of 0.55, and the sum of the absolute errors of 31.17.
Please note that although there have been many attempts to predict Short 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 Short Small's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Short Small Mutual Fund Forecast Pattern

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Short Small Forecasted Value

In the context of forecasting Short Small'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. Short Small's downside and upside margins for the forecasting period are 52.71 and 55.43, respectively. We have considered Short Small'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
53.92
54.07
Expected Value
55.43
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Short Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Short Small 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 -0.1273
MADMean absolute deviation0.5283
MAPEMean absolute percentage error0.0101
SAESum of the absolute errors31.1668
When Short Small Cap Profund 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 Short Small Cap Profund trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Short Small observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Short Small

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Short Small Cap. 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
52.5553.9155.27
Details
Intrinsic
Valuation
LowRealHigh
47.8849.2459.31
Details

Other Forecasting Options for Short Small

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

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

Short Small Cap 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 Short Small'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 Short Small's current price.

Short Small Market Strength Events

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

Short Small Risk Indicators

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

Short Small financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Small security.
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