Fa529 Hg Mutual Fund Forward View - Double Exponential Smoothing
| FHPCX Fund | USD 30.64 -0.04 -0.13% |
The Double Exponential Smoothing forecast reference data for Fa529 Hg In is based on the equity's recent trading history. This page summarizes the model output and key accuracy metrics for reference.
The Double Exponential Smoothing forecasted value of Fa529 Hg In on the next trading day is expected to be 30.63 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.34.When Fa529 Hg In 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 Fa529 Hg In trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Fa529 Hg observations are given relatively more weight in forecasting than the older observations. All Double Exponential Smoothing forecast figures shown for Fa529 Hg In are reference data reflecting model output based on available historical prices. Double Exponential Smoothing Price Forecast For the 20th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Fa529 Hg In on the next trading day is expected to be 30.63 with a mean absolute deviation of 0.04 , mean absolute percentage error of 0.0026 , and the sum of the absolute errors of 2.34 .Please note that although there have been many attempts to predict Fa529 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 Fa529 Hg's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
Forecasted Value
The next-day forecast for Fa529 Hg In focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 30.47 and upside near 30.79.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Fa529 Hg mutual fund data series using in forecasting. Note that when a statistical model is used to represent Fa529 Hg 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0105 |
| MAD | Mean absolute deviation | 0.039 |
| MAPE | Mean absolute percentage error | 0.0013 |
| SAE | Sum of the absolute errors | 2.3392 |
Other Forecasting Options for Fa529 Hg
Whether a novice or experienced investor, anyone considering Fa529 needs to understand the dynamics of Fa529 Hg's price movement. Price charts for Fa529 Mutual Fund contain a significant amount of noise that can distort investment decisions.Fa529 Hg Related Equities
The following equities are related to Fa529 Hg and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Fa529 Hg 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 |
Fa529 Hg Market Strength Events
Analyzing market strength indicators for Fa529 Hg enables investors to understand how the mutual fund performs relative to overall market momentum. These indicators are valuable tools for identifying when to enter or exit positions in Fa529 Hg In.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 30.64 | |||
| Day Typical Price | 30.64 | |||
| Price Action Indicator | -0.02 | |||
| Period Momentum Indicator | -0.04 | |||
| Relative Strength Index | 47.31 |
Fa529 Hg Risk Indicators
Identifying and analyzing Fa529 Hg's key risk indicators is a foundational step in projecting how its price may evolve. This process helps investors quantify the risk associated with Fa529 Hg's and decide how to manage it.
| Mean Deviation | 0.1172 | |||
| Semi Deviation | 0.1337 | |||
| Standard Deviation | 0.1591 | |||
| Variance | 0.0253 | |||
| Downside Variance | 0.0447 | |||
| Semi Variance | 0.0179 | |||
| Expected Short fall | -0.12 |
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 Fa529 Hg
The amount of media and story coverage tied to Fa529 Hg In can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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.