Sparinvest Lange Fund Forecast - 8 Period Moving Average

SPILOLKLA  DKK 96.10  0.06  0.06%   
The 8 Period Moving Average forecasted value of Sparinvest Lange on the next trading day is expected to be 96.28 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 14.93. Sparinvest Fund Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Sparinvest Lange is based on an artificially constructed time series of Sparinvest Lange daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Sparinvest Lange 8 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Sparinvest Lange on the next trading day is expected to be 96.28 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.13, and the sum of the absolute errors of 14.93.
Please note that although there have been many attempts to predict Sparinvest 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 Sparinvest Lange's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sparinvest Lange Fund Forecast Pattern

Sparinvest Lange Forecasted Value

In the context of forecasting Sparinvest Lange'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. Sparinvest Lange's downside and upside margins for the forecasting period are 96.01 and 96.54, respectively. We have considered Sparinvest Lange'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
96.10
96.28
Expected Value
96.54
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Sparinvest Lange fund data series using in forecasting. Note that when a statistical model is used to represent Sparinvest Lange 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 Criteria101.334
BiasArithmetic mean of the errors -0.1076
MADMean absolute deviation0.2816
MAPEMean absolute percentage error0.003
SAESum of the absolute errors14.925
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Sparinvest Lange 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Sparinvest Lange

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sparinvest Lange. 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
LowEstimatedHigh
95.8996.1696.43
Details
Intrinsic
Valuation
LowRealHigh
95.2495.51105.78
Details
Bollinger
Band Projection (param)
LowMiddleHigh
94.1895.3396.48
Details

Other Forecasting Options for Sparinvest Lange

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

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

Sparinvest Lange 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 Sparinvest Lange'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 Sparinvest Lange's current price.

Sparinvest Lange Market Strength Events

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

Sparinvest Lange Risk Indicators

The analysis of Sparinvest Lange'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 Sparinvest Lange's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sparinvest 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.

Other Information on Investing in Sparinvest Fund

Sparinvest Lange financial ratios help investors to determine whether Sparinvest 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 Sparinvest with respect to the benefits of owning Sparinvest Lange security.
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