GLG Intl Mutual Fund Forward View - Simple Moving Average
| GLVIX Fund | USD 78.02 -0.24 -0.31% |
The Simple Moving Average forecast shown here for GLG Intl 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 Glg Intl Small on the next trading day is expected to be 78.02 with a mean absolute deviation of 0.72 and the sum of the absolute errors of 43.33.The simple moving average model is conceptually a linear regression of the current value of Glg Intl Small price series against current and previous (unobserved) value of GLG Intl. 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 GLG Intl 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 Glg Intl Small on the next trading day is expected to be 78.02 with a mean absolute deviation of 0.72 , mean absolute percentage error of 0.88 , and the sum of the absolute errors of 43.33 .Please note that although there have been many attempts to predict GLG 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 GLG Intl's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
| Backtest GLG Intl | GLG Intl Price Prediction | Research Analysis |
Forecasted Value
Forecasting Glg Intl Small for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 77.02 and upside near 79.02.
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 GLG Intl mutual fund data series using in forecasting. Note that when a statistical model is used to represent GLG Intl 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 | 116.141 |
| Bias | Arithmetic mean of the errors | 0.1702 |
| MAD | Mean absolute deviation | 0.7221 |
| MAPE | Mean absolute percentage error | 0.0088 |
| SAE | Sum of the absolute errors | 43.325 |
Other Forecasting Options for GLG Intl
Regardless of investment experience, understanding GLG Intl's price movement is essential for anyone considering a position in GLG. Price charts for GLG Mutual Fund are often filled with noise that can lead to poor investment choices if not properly filtered.GLG Intl Related Equities
The following equities are related to GLG Intl within the World Large-Stock Growth space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing GLG Intl 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 |
GLG Intl Market Strength Events
Market strength indicators for GLG Intl 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 GLG Intl is likely to be most rewarding.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 78.02 | |||
| Day Typical Price | 78.02 | |||
| Price Action Indicator | -0.12 | |||
| Period Momentum Indicator | -0.24 | |||
| Relative Strength Index | 48.8 |
GLG Intl Risk Indicators
A thorough review of GLG Intl'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 GLG Intl's.
| Mean Deviation | 1.0 | |||
| Semi Deviation | 1.08 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.78 | |||
| Downside Variance | 1.35 | |||
| Semi Variance | 1.17 | |||
| Expected Short fall | -1.17 |
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 GLG Intl
The amount of media and story coverage tied to Glg Intl Small can signal where market attention is concentrating at the moment. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
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