Amundi Convictions Fund Forecast - Simple Moving Average
| 0P00018AOF | 194.24 0.00 0.00% |
Amundi |
Amundi Convictions Simple Moving Average Price Forecast For the 17th of March 2025
Given 90 days horizon, the Simple Moving Average forecasted value of Amundi Convictions ESR on the next trading day is expected to be 194.24 with a mean absolute deviation of 0.58, mean absolute percentage error of 1.52, and the sum of the absolute errors of 34.43.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 Convictions' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Amundi Convictions Fund Forecast Pattern
Amundi Convictions Forecasted Value
In the context of forecasting Amundi Convictions' 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 Convictions' downside and upside margins for the forecasting period are 193.66 and 194.82, respectively. We have considered Amundi Convictions' 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.
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 Amundi Convictions fund data series using in forecasting. Note that when a statistical model is used to represent Amundi Convictions 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.| AIC | Akaike Information Criteria | 114.8505 |
| Bias | Arithmetic mean of the errors | 0.0719 |
| MAD | Mean absolute deviation | 0.5835 |
| MAPE | Mean absolute percentage error | 0.003 |
| SAE | Sum of the absolute errors | 34.425 |
Predictive Modules for Amundi Convictions
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 Convictions ESR. 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.Other Forecasting Options for Amundi Convictions
For every potential investor in Amundi, whether a beginner or expert, Amundi Convictions' 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 Convictions' price trends.Amundi Convictions 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 Convictions fund to make a market-neutral strategy. Peer analysis of Amundi Convictions could also be used in its relative valuation, which is a method of valuing Amundi Convictions by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Amundi Convictions ESR 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 Convictions' 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 Convictions' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Amundi Convictions Market Strength Events
Market strength indicators help investors to evaluate how Amundi Convictions 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 Convictions shares will generate the highest return on investment. By undertsting and applying Amundi Convictions fund market strength indicators, traders can identify Amundi Convictions ESR entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 194.24 | |||
| Day Typical Price | 194.24 | |||
| Relative Strength Index | 64.52 |
Amundi Convictions Risk Indicators
The analysis of Amundi Convictions' 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 Convictions' 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.
| Mean Deviation | 0.196 | |||
| Standard Deviation | 0.5519 | |||
| Variance | 0.3046 |
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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| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |