Harding Loevner Mutual Fund Forecast - Simple Exponential Smoothing

HLGZX Fund  USD 44.79  0.08  0.18%   
The Simple Exponential Smoothing forecasted value of Harding Loevner Global on the next trading day is expected to be 44.79 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.85. Harding Mutual Fund Forecast is based on your current time horizon.
  
Harding Loevner simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Harding Loevner Global are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Harding Loevner Global prices get older.

Harding Loevner Simple Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Harding Loevner Global on the next trading day is expected to be 44.79 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.11, and the sum of the absolute errors of 15.85.
Please note that although there have been many attempts to predict Harding 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 Harding Loevner's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Harding Loevner Mutual Fund Forecast Pattern

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Harding Loevner Forecasted Value

In the context of forecasting Harding Loevner'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. Harding Loevner's downside and upside margins for the forecasting period are 44.04 and 45.54, respectively. We have considered Harding Loevner'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
44.79
44.79
Expected Value
45.54
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Harding Loevner mutual fund data series using in forecasting. Note that when a statistical model is used to represent Harding Loevner 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 Criteria114.103
BiasArithmetic mean of the errors -0.0325
MADMean absolute deviation0.2642
MAPEMean absolute percentage error0.006
SAESum of the absolute errors15.85
This simple exponential smoothing model begins by setting Harding Loevner Global forecast for the second period equal to the observation of the first period. In other words, recent Harding Loevner observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Harding Loevner

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harding Loevner Global. 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
44.0444.7945.54
Details
Intrinsic
Valuation
LowRealHigh
43.7844.5345.28
Details
Bollinger
Band Projection (param)
LowMiddleHigh
43.3144.2145.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Harding Loevner. Your research has to be compared to or analyzed against Harding Loevner's peers to derive any actionable benefits. When done correctly, Harding Loevner's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Harding Loevner Global.

Other Forecasting Options for Harding Loevner

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

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

Harding Loevner Global 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 Harding Loevner'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 Harding Loevner's current price.

Harding Loevner Market Strength Events

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

Harding Loevner Risk Indicators

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

Harding Loevner financial ratios help investors to determine whether Harding 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 Harding with respect to the benefits of owning Harding Loevner security.
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