Avantis Emerging Mutual Fund Forecast - Simple Moving Average

AVENX Fund  USD 12.01  0.07  0.59%   
The Simple Moving Average forecasted value of Avantis Emerging Markets on the next trading day is expected to be 12.01 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.18. Avantis Mutual Fund Forecast is based on your current time horizon.
  
A two period moving average forecast for Avantis Emerging is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Avantis Emerging Simple Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Avantis Emerging Markets on the next trading day is expected to be 12.01 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.18.
Please note that although there have been many attempts to predict Avantis 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 Avantis Emerging's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Avantis Emerging Mutual Fund Forecast Pattern

Backtest Avantis EmergingAvantis Emerging Price PredictionBuy or Sell Advice 

Avantis Emerging Forecasted Value

In the context of forecasting Avantis Emerging'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. Avantis Emerging's downside and upside margins for the forecasting period are 11.02 and 13.00, respectively. We have considered Avantis Emerging'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
12.01
12.01
Expected Value
13.00
Upside

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 Avantis Emerging mutual fund data series using in forecasting. Note that when a statistical model is used to represent Avantis Emerging 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 Criteria112.2864
BiasArithmetic mean of the errors 0.0022
MADMean absolute deviation0.1029
MAPEMean absolute percentage error0.0083
SAESum of the absolute errors6.175
The simple moving average model is conceptually a linear regression of the current value of Avantis Emerging Markets price series against current and previous (unobserved) value of Avantis Emerging. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Avantis Emerging

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avantis Emerging Markets. 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
11.0212.0113.00
Details
Intrinsic
Valuation
LowRealHigh
11.1512.1413.13
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.8812.0912.30
Details

Other Forecasting Options for Avantis Emerging

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

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

Avantis Emerging Markets 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 Avantis Emerging'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 Avantis Emerging's current price.

Avantis Emerging Market Strength Events

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

Avantis Emerging Risk Indicators

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

Avantis Emerging financial ratios help investors to determine whether Avantis 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 Avantis with respect to the benefits of owning Avantis Emerging security.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Stocks Directory
Find actively traded stocks across global markets
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites