SHORT-TERM INCOME Mutual Fund Forward View - Simple Exponential Smoothing

STCCX Fund  USD 12.09  -0.03  -0.25%   
The Simple Exponential Smoothing forecast reference data for Short Term Income Fund is based on the equity's recent trading history. This page summarizes the model output and key accuracy metrics for reference.
The Simple Exponential Smoothing forecasted value of Short Term Income Fund on the next trading day is expected to be 12.09 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.40.This simple exponential smoothing model begins by setting Short Term Income Fund forecast for the second period equal to the observation of the first period. In other words, recent SHORT-TERM INCOME observations are given relatively more weight in forecasting than the older observations. All Simple Exponential Smoothing forecast figures shown for Short Term Income Fund are reference data reflecting model output based on available historical prices.
SHORT-TERM INCOME simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Short Term Income Fund are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Short Term Income prices get older.

Simple Exponential Smoothing Price Forecast For the 23rd of March

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Short Term Income Fund on the next trading day is expected to be 12.09 with a mean absolute deviation of 0.01 , mean absolute percentage error of 0.0001 , and the sum of the absolute errors of 0.40 .
Please note that although there have been many attempts to predict SHORT-TERM 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 SHORT-TERM INCOME'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

This next-day forecast for Short Term Income Fund uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
Market Value
12.09
12.09
Expected Value
12.17
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of SHORT-TERM INCOME mutual fund data series using in forecasting. Note that when a statistical model is used to represent SHORT-TERM INCOME 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.
AICAkaike Information Criteria107.1268
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0067
MAPEMean absolute percentage error5.0E-4
SAESum of the absolute errors0.4
This simple exponential smoothing model begins by setting Short Term Income Fund forecast for the second period equal to the observation of the first period. In other words, recent SHORT-TERM INCOME observations are given relatively more weight in forecasting than the older observations.

Other Forecasting Options for SHORT-TERM INCOME

Whether a novice or experienced investor, anyone considering SHORT-TERM needs to understand the dynamics of SHORT-TERM INCOME's price movement. Price charts for SHORT-TERM Mutual Fund contain a significant amount of noise that can distort investment decisions.

SHORT-TERM INCOME Related Equities

The following equities are related to SHORT-TERM INCOME within the Short-Term Bond space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing SHORT-TERM INCOME 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

SHORT-TERM INCOME Market Strength Events

Analyzing market strength indicators for SHORT-TERM INCOME 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 Short Term Income Fund.

SHORT-TERM INCOME Risk Indicators

Identifying and analyzing SHORT-TERM INCOME's key risk indicators is a foundational step in projecting how its price may evolve. This process quantifies the risk associated with SHORT-TERM INCOME's and decide how to manage it.
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 SHORT-TERM INCOME

Coverage intensity for Short Term Income Fund matters because narrative visibility can influence sentiment, participation, and volatility around the name. A disciplined read of coverage separates durable relevance from temporary noise.

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.