DANA LARGE Mutual Fund Forward View - Simple Moving Average
| DLCIX Fund | USD 20.87 0.02 0.1% |
The Simple Moving Average forecast shown here for DANA LARGE is reference data produced from the equity's historical price series. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Moving Average forecasted value of Dana Large Cap on the next trading day is expected to be 20.87 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.15.The simple moving average model is conceptually a linear regression of the current value of Dana Large Cap price series against current and previous (unobserved) value of DANA LARGE. 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 This Simple Moving Average reference page for DANA LARGE presents model-generated projections from historical price data for informational purposes. Simple Moving Average Price Forecast For the 21st of March
Given 90 days horizon, the Simple Moving Average forecasted value of Dana Large Cap on the next trading day is expected to be 20.87 with a mean absolute deviation of 0.14 , mean absolute percentage error of 0.03 , and the sum of the absolute errors of 8.15 .Please note that although there have been many attempts to predict DANA Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that DANA LARGE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
| Backtest DANA LARGE | DANA LARGE Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates DANA LARGE's predictive range by looking for statistically meaningful downside and upside boundaries. The current forecast range spans downside near 20.09 and upside near 21.65.
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 DANA LARGE mutual fund data series using in forecasting. Note that when a statistical model is used to represent DANA LARGE 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.| AIC | Akaike Information Criteria | 112.7962 |
| Bias | Arithmetic mean of the errors | 0.02 |
| MAD | Mean absolute deviation | 0.1358 |
| MAPE | Mean absolute percentage error | 0.0063 |
| SAE | Sum of the absolute errors | 8.15 |
Other Forecasting Options for DANA LARGE
Regardless of investment experience, understanding DANA LARGE's price movement is essential for anyone considering a position in DANA. Price charts for DANA Mutual Fund are often filled with noise that can lead to poor investment choices if not properly filtered.DANA LARGE Related Equities
The following equities are related to DANA LARGE within the Large Blend space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing DANA LARGE against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
DANA LARGE Market Strength Events
Market strength indicators for DANA LARGE give investors insight into the mutual fund's responsiveness to broader market forces. Tracking these indicators provides context to make informed timing decisions and identify periods where trading DANA LARGE is likely to be most rewarding.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 20.87 | |||
| Day Typical Price | 20.87 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 40.17 |
DANA LARGE Risk Indicators
A thorough review of DANA LARGE's risk indicators is an important first step in forecasting its price and managing investment exposure. This analysis provides context for determining the appropriate level of risk to accept when holding DANA LARGE's.
| Mean Deviation | 0.6057 | |||
| Standard Deviation | 0.7781 | |||
| Variance | 0.6055 |
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.
Story Coverage note for DANA LARGE
A coverage review of Dana Large Cap shows when the security is attracting above-average attention from contributors and market observers. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.