Franklin Floating Fund Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Franklin Floating - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Franklin Floating 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 trend in Franklin Floating price movement. However, neither of these exponential smoothing models address any seasonality of Franklin Floating Rate.

Franklin Floating Triple Exponential Smoothing Price Forecast For the 12th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Franklin Floating Rate on the next trading day is expected to be 18.52 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.68.

Franklin Floating Fund Forecast Pattern

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Franklin Floating Price Prediction

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Franklin Floating Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Franklin Floating fund data series using in forecasting. Note that when a statistical model is used to represent Franklin Floating 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. As with simple exponential smoothing, in triple exponential smoothing models past Franklin Floating observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Franklin Floating Rate observations.

Predictive Modules for Franklin Floating

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Floating Rate. 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 Low Estimated High 18.43 18.51 18.59 Details

Intrinsic Valuation Low Real High 16.91 16.99 20.36 Details

Bollinger Band Projection (param) Low Middle High 18.19 18.36 18.53 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Franklin Floating. Your research has to be compared to or analyzed against Franklin Floating's peers to derive any actionable benefits. When done correctly, Franklin Floating'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 Franklin Floating Rate.

Other Forecasting Options for Franklin Floating

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

Franklin Floating Related Equities

Risk & Return

Correlation

Franklin Floating Rate 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 Franklin Floating'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 Franklin Floating's current price.

Franklin Floating Market Strength Events

Franklin Floating Risk Indicators

Pair Trading with Franklin Floating

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Floating will appreciate offsetting losses from the drop in the long position's value.

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