FIDELITY ASSET Mutual Fund Forward View - Simple Moving Average
| FEYAX Fund | USD 29.16 -0.63 -2.11% |
This reference page presents Simple Moving Average forecast data for Fidelity Asset Manager. The projected values and error metrics are presented below as reference information.
The Simple Moving Average forecasted value of Fidelity Asset Manager on the next trading day is expected to be 29.16 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 12.88.The simple moving average model is conceptually a linear regression of the current value of Fidelity Asset Manager price series against current and previous (unobserved) value of FIDELITY ASSET. 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 forecast data for Fidelity Asset Manager is sourced from the most recent available trading data and is intended solely as reference information. Simple Moving Average Price Forecast For the 25th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Fidelity Asset Manager on the next trading day is expected to be 29.16 with a mean absolute deviation of 0.22 , mean absolute percentage error of 0.08 , and the sum of the absolute errors of 12.88 .Please note that although there have been many attempts to predict FIDELITY 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 FIDELITY ASSET's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
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Forecasted Value
The next-day forecast for Fidelity Asset Manager focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 28.33 and upside around 29.99 for the forecasting period.
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 FIDELITY ASSET mutual fund data series using in forecasting. Note that when a statistical model is used to represent FIDELITY ASSET 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 | 111.9006 |
| Bias | Arithmetic mean of the errors | 0.022 |
| MAD | Mean absolute deviation | 0.2183 |
| MAPE | Mean absolute percentage error | 0.0072 |
| SAE | Sum of the absolute errors | 12.88 |
Other Forecasting Options for FIDELITY ASSET
FIDELITY ASSET's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in FIDELITY often signals an upcoming reversal or acceleration.FIDELITY ASSET Related Equities
These stocks within the Allocation--85%+ Equity space are often compared to FIDELITY ASSET by analysts and fund managers in the sector. Return on equity across these peers shows how well each firm turns capital into profit. Peer review is most useful when paired with absolute pricing and trend checks.
| Risk & Return | Correlation |
FIDELITY ASSET Market Strength Events
Market strength indicators help investors evaluate how FIDELITY ASSET mutual fund reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Fidelity Asset Manager.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 29.16 | |||
| Day Typical Price | 29.16 | |||
| Price Action Indicator | -0.31 | |||
| Period Momentum Indicator | -0.63 | |||
| Relative Strength Index | 37.86 |
FIDELITY ASSET Risk Indicators
The analysis of FIDELITY ASSET's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding FIDELITY ASSET's allows investors to make informed decisions about their exposure.
| Mean Deviation | 0.6386 | |||
| Standard Deviation | 0.8233 | |||
| Variance | 0.6778 |
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 FIDELITY ASSET
Coverage intensity for Fidelity Asset Manager matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.