Amundi Actions Fund Forecast - Triple Exponential Smoothing

0P00008W4N  EUR 32.94  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Amundi Actions Internationales on the next trading day is expected to be 33.00 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.32. Amundi Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Amundi Actions stock prices and determine the direction of Amundi Actions Internationales's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Amundi Actions' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Amundi Actions - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Amundi Actions 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 trend in Amundi Actions price movement. However, neither of these exponential smoothing models address any seasonality of Amundi Actions Inter.

Amundi Actions Triple Exponential Smoothing Price Forecast For the 29th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Amundi Actions Internationales on the next trading day is expected to be 33.00 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.05, and the sum of the absolute errors of 9.32.
Please note that although there have been many attempts to predict Amundi 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 Amundi Actions' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amundi Actions Fund Forecast Pattern

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Amundi Actions Forecasted Value

In the context of forecasting Amundi Actions' 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. Amundi Actions' downside and upside margins for the forecasting period are 32.30 and 33.70, respectively. We have considered Amundi Actions' 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
32.94
33.00
Expected Value
33.70
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Amundi Actions fund data series using in forecasting. Note that when a statistical model is used to represent Amundi Actions 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 0.0247
MADMean absolute deviation0.158
MAPEMean absolute percentage error0.0049
SAESum of the absolute errors9.32
As with simple exponential smoothing, in triple exponential smoothing models past Amundi Actions observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Amundi Actions Internationales observations.

Predictive Modules for Amundi Actions

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amundi Actions Inter. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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
32.2432.9433.64
Details
Intrinsic
Valuation
LowRealHigh
32.0532.7533.45
Details

Other Forecasting Options for Amundi Actions

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

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

Amundi Actions Inter Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Amundi Actions' 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 Amundi Actions' current price.

Amundi Actions Market Strength Events

Market strength indicators help investors to evaluate how Amundi Actions fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amundi Actions shares will generate the highest return on investment. By undertsting and applying Amundi Actions fund market strength indicators, traders can identify Amundi Actions Internationales entry and exit signals to maximize returns.

Amundi Actions Risk Indicators

The analysis of Amundi Actions' 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 Amundi Actions' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amundi 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.

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Other Information on Investing in Amundi Fund

Amundi Actions financial ratios help investors to determine whether Amundi 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 Amundi with respect to the benefits of owning Amundi Actions security.
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