SPARTA FIAGRO Fund Forecast - Simple Moving Average

CRAA11 Fund   86.19  0.19  0.22%   
The Simple Moving Average forecasted value of SPARTA FIAGRO FDO on the next trading day is expected to be 86.19 with a mean absolute deviation of 0.93 and the sum of the absolute errors of 54.71. Investors can use prediction functions to forecast SPARTA FIAGRO's fund prices and determine the direction of SPARTA FIAGRO FDO's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
A two period moving average forecast for SPARTA FIAGRO 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.

SPARTA FIAGRO Simple Moving Average Price Forecast For the 16th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of SPARTA FIAGRO FDO on the next trading day is expected to be 86.19 with a mean absolute deviation of 0.93, mean absolute percentage error of 1.58, and the sum of the absolute errors of 54.71.
Please note that although there have been many attempts to predict SPARTA 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 SPARTA FIAGRO's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SPARTA FIAGRO Fund Forecast Pattern

SPARTA FIAGRO Forecasted Value

In the context of forecasting SPARTA FIAGRO'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. SPARTA FIAGRO's downside and upside margins for the forecasting period are 85.12 and 87.26, respectively. We have considered SPARTA FIAGRO'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
86.19
86.19
Expected Value
87.26
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 SPARTA FIAGRO fund data series using in forecasting. Note that when a statistical model is used to represent SPARTA FIAGRO 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 Criteria114.8936
BiasArithmetic mean of the errors 0.3674
MADMean absolute deviation0.9274
MAPEMean absolute percentage error0.0098
SAESum of the absolute errors54.715
The simple moving average model is conceptually a linear regression of the current value of SPARTA FIAGRO FDO price series against current and previous (unobserved) value of SPARTA FIAGRO. 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 SPARTA FIAGRO

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPARTA FIAGRO FDO. 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 SPARTA FIAGRO

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

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

SPARTA FIAGRO FDO 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 SPARTA FIAGRO'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 SPARTA FIAGRO's current price.

SPARTA FIAGRO Market Strength Events

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

SPARTA FIAGRO Risk Indicators

The analysis of SPARTA FIAGRO'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 SPARTA FIAGRO's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sparta 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.
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