PRUDENTIAL JENNISON Mutual Fund Forward View - Simple Moving Average
| SPFZX Fund | USD 30.17 0.26 0.87% |
This reference page presents Simple Moving Average forecast data for Prudential Jennison Focused. The projected values and error metrics are presented below as reference information.
The Simple Moving Average forecasted value of Prudential Jennison Focused on the next trading day is expected to be 30.17 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.50.The simple moving average model is conceptually a linear regression of the current value of Prudential Jennison Focused price series against current and previous (unobserved) value of PRUDENTIAL JENNISON. 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 Prudential Jennison Focused is sourced from the most recent available trading data and is intended solely as reference information. Simple Moving Average Price Forecast For the 27th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Prudential Jennison Focused on the next trading day is expected to be 30.17 with a mean absolute deviation of 0.31 , mean absolute percentage error of 0.15 , and the sum of the absolute errors of 18.50 .Please note that although there have been many attempts to predict PRUDENTIAL 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 PRUDENTIAL JENNISON'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 Prudential Jennison Focused focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 29.10 and upside around 31.24 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 PRUDENTIAL JENNISON mutual fund data series using in forecasting. Note that when a statistical model is used to represent PRUDENTIAL JENNISON 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 | 114.3704 |
| Bias | Arithmetic mean of the errors | 0.0975 |
| MAD | Mean absolute deviation | 0.3083 |
| MAPE | Mean absolute percentage error | 0.0097 |
| SAE | Sum of the absolute errors | 18.5 |
Other Forecasting Options for PRUDENTIAL JENNISON
PRUDENTIAL JENNISON's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in PRUDENTIAL often signals an upcoming reversal or acceleration.PRUDENTIAL JENNISON Related Equities
The peer firms below within the Large Growth space can help frame PRUDENTIAL JENNISON's pricing and running costs in context. Profit comparisons show whether PRUDENTIAL JENNISON earns above or below average returns next to its peers.
| Risk & Return | Correlation |
PRUDENTIAL JENNISON Market Strength Events
Market strength indicators help investors evaluate how PRUDENTIAL JENNISON mutual fund reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Prudential Jennison Focused.
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 30.17 | |||
| Day Typical Price | 30.17 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | 0.26 | |||
| Relative Strength Index | 46.52 |
PRUDENTIAL JENNISON Risk Indicators
The analysis of PRUDENTIAL JENNISON's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding PRUDENTIAL JENNISON's allows investors to make informed decisions about their exposure.
| Mean Deviation | 0.8397 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.11 |
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 PRUDENTIAL JENNISON
Story coverage around Prudential Jennison Focused often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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.