Easterly Snow Mutual Fund Forecast - 20 Period Moving Average

SNWRX Fund  USD 65.93  0.19  0.29%   
The 20 Period Moving Average forecasted value of Easterly Snow Small on the next trading day is expected to be 66.65 with a mean absolute deviation of 1.39 and the sum of the absolute errors of 56.93. Easterly Mutual Fund Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Easterly Snow Small is based on a synthetically constructed Easterly Snowdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Easterly Snow 20 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Easterly Snow Small on the next trading day is expected to be 66.65 with a mean absolute deviation of 1.39, mean absolute percentage error of 3.24, and the sum of the absolute errors of 56.93.
Please note that although there have been many attempts to predict Easterly 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 Easterly Snow's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Easterly Snow Mutual Fund Forecast Pattern

Backtest Easterly SnowEasterly Snow Price PredictionBuy or Sell Advice 

Easterly Snow Forecasted Value

In the context of forecasting Easterly Snow'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. Easterly Snow's downside and upside margins for the forecasting period are 65.26 and 68.04, respectively. We have considered Easterly Snow'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
65.93
66.65
Expected Value
68.04
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Easterly Snow mutual fund data series using in forecasting. Note that when a statistical model is used to represent Easterly Snow 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 Criteria82.528
BiasArithmetic mean of the errors -1.119
MADMean absolute deviation1.3886
MAPEMean absolute percentage error0.0209
SAESum of the absolute errors56.9335
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. Easterly Snow Small 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Easterly Snow

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Easterly Snow Small. 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
54.3155.7272.52
Details
Intrinsic
Valuation
LowRealHigh
62.8764.2872.52
Details
Bollinger
Band Projection (param)
LowMiddleHigh
65.3867.2469.10
Details

Other Forecasting Options for Easterly Snow

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

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

Easterly Snow Small 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 Easterly Snow'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 Easterly Snow's current price.

Easterly Snow Market Strength Events

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

Easterly Snow Risk Indicators

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

Easterly Snow financial ratios help investors to determine whether Easterly 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 Easterly with respect to the benefits of owning Easterly Snow security.
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