Alphacentric Income Mutual Fund Forecast - Simple Exponential Smoothing

IOFCX Fund  USD 7.52  0.01  0.13%   
The Simple Exponential Smoothing forecasted value of Alphacentric Income Opportunities on the next trading day is expected to be 7.52 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.00. Alphacentric Mutual Fund Forecast is based on your current time horizon.
  
Alphacentric Income 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 Alphacentric Income Opportunities are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Alphacentric Income prices get older.

Alphacentric Income Simple Exponential Smoothing Price Forecast For the 9th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Alphacentric Income Opportunities on the next trading day is expected to be 7.52 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 1.00.
Please note that although there have been many attempts to predict Alphacentric 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 Alphacentric Income's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Alphacentric Income Mutual Fund Forecast Pattern

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Alphacentric Income Forecasted Value

In the context of forecasting Alphacentric Income'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. Alphacentric Income's downside and upside margins for the forecasting period are 7.22 and 7.82, respectively. We have considered Alphacentric Income'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
7.52
7.52
Expected Value
7.82
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 Alphacentric Income mutual fund data series using in forecasting. Note that when a statistical model is used to represent Alphacentric Income 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 Criteria108.7009
BiasArithmetic mean of the errors 0.0017
MADMean absolute deviation0.0166
MAPEMean absolute percentage error0.0022
SAESum of the absolute errors0.9978
This simple exponential smoothing model begins by setting Alphacentric Income Opportunities forecast for the second period equal to the observation of the first period. In other words, recent Alphacentric Income observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Alphacentric Income

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alphacentric Income. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alphacentric Income's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
7.227.527.82
Details
Intrinsic
Valuation
LowRealHigh
7.237.537.83
Details

Other Forecasting Options for Alphacentric Income

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

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

Alphacentric Income 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 Alphacentric Income'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 Alphacentric Income's current price.

Alphacentric Income Market Strength Events

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

Alphacentric Income Risk Indicators

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

Alphacentric Income financial ratios help investors to determine whether Alphacentric 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 Alphacentric with respect to the benefits of owning Alphacentric Income security.
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