HL Multi Fund Forecast - Simple Moving Average
0P0001RI3W | 121.15 0.20 0.16% |
0P0001RI3W |
HL Multi Simple Moving Average Price Forecast For the 10th of January
Given 90 days horizon, the Simple Moving Average forecasted value of HL Multi Index Moderately on the next trading day is expected to be 121.15 with a mean absolute deviation of 0.48, mean absolute percentage error of 0.43, and the sum of the absolute errors of 28.44.Please note that although there have been many attempts to predict 0P0001RI3W 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 HL Multi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
HL Multi Fund Forecast Pattern
HL Multi Forecasted Value
In the context of forecasting HL Multi's 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. HL Multi's downside and upside margins for the forecasting period are 120.67 and 121.63, respectively. We have considered HL Multi'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.
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 HL Multi fund data series using in forecasting. Note that when a statistical model is used to represent HL Multi 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 | 113.5944 |
Bias | Arithmetic mean of the errors | -0.0736 |
MAD | Mean absolute deviation | 0.4821 |
MAPE | Mean absolute percentage error | 0.004 |
SAE | Sum of the absolute errors | 28.445 |
Predictive Modules for HL Multi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HL Multi Index. 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 HL Multi
For every potential investor in 0P0001RI3W, whether a beginner or expert, HL Multi's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 0P0001RI3W Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 0P0001RI3W. Basic forecasting techniques help filter out the noise by identifying HL Multi's price trends.HL Multi 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 HL Multi fund to make a market-neutral strategy. Peer analysis of HL Multi could also be used in its relative valuation, which is a method of valuing HL Multi by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
HL Multi Index 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 HL Multi'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 HL Multi's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
HL Multi Market Strength Events
Market strength indicators help investors to evaluate how HL Multi fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HL Multi shares will generate the highest return on investment. By undertsting and applying HL Multi fund market strength indicators, traders can identify HL Multi Index Moderately entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 121.15 | |||
Day Typical Price | 121.15 | |||
Price Action Indicator | (0.10) | |||
Period Momentum Indicator | (0.20) |
HL Multi Risk Indicators
The analysis of HL Multi'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 HL Multi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 0p0001ri3w 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 | 0.332 | |||
Semi Deviation | 0.3592 | |||
Standard Deviation | 0.482 | |||
Variance | 0.2323 | |||
Downside Variance | 0.1943 | |||
Semi Variance | 0.1291 | |||
Expected Short fall | (0.40) |
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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