Aberdeen Total Fund Forecast - Double Exponential Smoothing

AOD Fund  USD 8.80  0.10  1.15%   
The Double Exponential Smoothing forecasted value of Aberdeen Total Dynamic on the next trading day is expected to be 8.82 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.75. Aberdeen Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aberdeen Total stock prices and determine the direction of Aberdeen Total Dynamic's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aberdeen Total's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Aberdeen Total works best with periods where there are trends or seasonality.

Aberdeen Total Double Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Aberdeen Total Dynamic on the next trading day is expected to be 8.82 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.75.
Please note that although there have been many attempts to predict Aberdeen 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 Aberdeen Total's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aberdeen Total Fund Forecast Pattern

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Aberdeen Total Forecasted Value

In the context of forecasting Aberdeen Total'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. Aberdeen Total's downside and upside margins for the forecasting period are 8.18 and 9.45, respectively. We have considered Aberdeen Total'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
8.80
8.82
Expected Value
9.45
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Aberdeen Total fund data series using in forecasting. Note that when a statistical model is used to represent Aberdeen Total 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 0.0082
MADMean absolute deviation0.0467
MAPEMean absolute percentage error0.0054
SAESum of the absolute errors2.753
When Aberdeen Total Dynamic 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 Aberdeen Total Dynamic trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Aberdeen Total observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Aberdeen Total

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aberdeen Total Dynamic. 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
8.178.809.43
Details
Intrinsic
Valuation
LowRealHigh
8.148.779.40
Details

Other Forecasting Options for Aberdeen Total

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

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 Risk & Return  Correlation

Aberdeen Total Dynamic 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 Aberdeen Total'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 Aberdeen Total's current price.

Aberdeen Total Market Strength Events

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

Aberdeen Total Risk Indicators

The analysis of Aberdeen Total'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 Aberdeen Total's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aberdeen 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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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 Aberdeen Fund

Aberdeen Total financial ratios help investors to determine whether Aberdeen 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 Aberdeen with respect to the benefits of owning Aberdeen Total security.
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