Westcore Small Mutual Fund Forecast - 4 Period Moving Average

WISGX Fund  USD 23.12  0.18  0.77%   
The 4 Period Moving Average forecasted value of Westcore Small Cap Growth on the next trading day is expected to be 23.30 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 16.96. Westcore Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Westcore Small Cap Growth 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.

Westcore Small 4 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Westcore Small Cap Growth on the next trading day is expected to be 23.30 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.17, and the sum of the absolute errors of 16.96.
Please note that although there have been many attempts to predict Westcore 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 Westcore Small's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Westcore Small Mutual Fund Forecast Pattern

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Westcore Small Forecasted Value

In the context of forecasting Westcore 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. Westcore Small's downside and upside margins for the forecasting period are 22.13 and 24.46, respectively. We have considered Westcore 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
23.12
23.30
Expected Value
24.46
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 Westcore Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Westcore 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 Criteria110.8343
BiasArithmetic mean of the errors -0.0894
MADMean absolute deviation0.2925
MAPEMean absolute percentage error0.013
SAESum of the absolute errors16.9625
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 Westcore Small. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Westcore Small Cap Growth and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Westcore 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 Westcore 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
21.9623.1224.28
Details
Intrinsic
Valuation
LowRealHigh
20.8124.7325.89
Details
Bollinger
Band Projection (param)
LowMiddleHigh
20.3022.1824.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Westcore Small. Your research has to be compared to or analyzed against Westcore Small's peers to derive any actionable benefits. When done correctly, Westcore Small's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Westcore Small Cap.

Other Forecasting Options for Westcore Small

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

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

Westcore 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 Westcore 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 Westcore Small's current price.

Westcore Small Market Strength Events

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

Westcore Small Risk Indicators

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

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