Templeton Growth Mutual Fund Forecast - Triple Exponential Smoothing

TEPLX Fund  USD 29.23  0.18  0.62%   
Templeton Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Templeton Growth's share price is at 58. This usually implies that the mutual fund is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Templeton Growth, making its price go up or down.

Momentum 58

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Templeton Growth's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Templeton Growth Fund, which may create opportunities for some arbitrage if properly timed.
Using Templeton Growth hype-based prediction, you can estimate the value of Templeton Growth Fund from the perspective of Templeton Growth response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Templeton Growth Fund on the next trading day is expected to be 29.27 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.24.

Templeton Growth after-hype prediction price

    
  USD 29.23  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Templeton Growth to cross-verify your projections.

Templeton Growth Additional Predictive Modules

Most predictive techniques to examine Templeton price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Templeton using various technical indicators. When you analyze Templeton charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Triple exponential smoothing for Templeton Growth - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Templeton Growth 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 trend in Templeton Growth price movement. However, neither of these exponential smoothing models address any seasonality of Templeton Growth.

Templeton Growth Triple Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Templeton Growth Fund on the next trading day is expected to be 29.27 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.24.
Please note that although there have been many attempts to predict Templeton Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Templeton Growth's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Templeton Growth Mutual Fund Forecast Pattern

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Templeton Growth Forecasted Value

In the context of forecasting Templeton Growth's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Templeton Growth's downside and upside margins for the forecasting period are 28.52 and 30.01, respectively. We have considered Templeton Growth's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
29.23
29.27
Expected Value
30.01
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Templeton Growth mutual fund data series using in forecasting. Note that when a statistical model is used to represent Templeton Growth 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0368
MADMean absolute deviation0.1736
MAPEMean absolute percentage error0.0062
SAESum of the absolute errors10.2405
As with simple exponential smoothing, in triple exponential smoothing models past Templeton Growth observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Templeton Growth Fund observations.

Predictive Modules for Templeton Growth

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Templeton Growth. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
28.4929.2329.97
Details
Intrinsic
Valuation
LowRealHigh
28.1928.9329.67
Details
Bollinger
Band Projection (param)
LowMiddleHigh
27.9428.7629.59
Details

Templeton Growth After-Hype Price Density Analysis

As far as predicting the price of Templeton Growth at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Templeton Growth or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Templeton Growth, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Templeton Growth Estimiated After-Hype Price Volatility

In the context of predicting Templeton Growth's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Templeton Growth's historical news coverage. Templeton Growth's after-hype downside and upside margins for the prediction period are 28.49 and 29.97, respectively. We have considered Templeton Growth's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
29.23
29.23
After-hype Price
29.97
Upside
Templeton Growth is very steady at this time. Analysis and calculation of next after-hype price of Templeton Growth is based on 3 months time horizon.

Templeton Growth Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Templeton Growth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Templeton Growth backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Templeton Growth, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
0.74
  0.01 
  0.07 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
29.23
29.23
0.00 
740.00  
Notes

Templeton Growth Hype Timeline

Templeton Growth is at this time traded for 29.23. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.07. Templeton is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.07%. %. The volatility of related hype on Templeton Growth is about 71.77%, with the expected price after the next announcement by competition of 29.30. The company has price-to-book ratio of 1.11. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Templeton Growth last dividend was issued on the 13th of December 2019. Assuming the 90 days horizon the next expected press release will be very soon.
Check out Historical Fundamental Analysis of Templeton Growth to cross-verify your projections.

Templeton Growth Related Hype Analysis

Having access to credible news sources related to Templeton Growth's direct competition is more important than ever and may enhance your ability to predict Templeton Growth's future price movements. Getting to know how Templeton Growth's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Templeton Growth may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
OTCIXMfs Mid Cap 10.36 5 per month 0.85  0.07  1.35 (1.67) 18.76 
TWCGXGrowth Fund Investor 0.00 0 per month 0.78  0.08  1.71 (1.88) 23.80 
LZOEXLazard Emerging Markets 0.00 0 per month 0.00  0.23  1.25 (0.87) 2.39 
RLEMXLazard Emerging Markets 0.00 0 per month 0.00  0.23  1.25 (0.90) 2.41 
MRSKXMfs Research International(14.24)3 per month 0.25  0.13  1.21 (0.83) 3.83 
DFSVXUs Small Cap 0.26 1 per month 0.71  0.08  2.42 (1.22) 4.59 
DFSTXUs Small Cap 1.36 1 per month 0.86  0.05  1.86 (1.34) 4.10 
DISVXDfa International Small 0.00 0 per month 0.23  0.21  1.34 (1.05) 5.62 
DFISXInternational Small Pany 12.80 3 per month 0.48  0.12  1.22 (1.05) 2.68 
DFFVXUs Targeted Value(0.23)1 per month 0.69  0.08  2.46 (1.26) 4.52 

Other Forecasting Options for Templeton Growth

For every potential investor in Templeton, whether a beginner or expert, Templeton Growth's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Templeton Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Templeton. Basic forecasting techniques help filter out the noise by identifying Templeton Growth's price trends.

Templeton Growth Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Templeton Growth mutual fund to make a market-neutral strategy. Peer analysis of Templeton Growth could also be used in its relative valuation, which is a method of valuing Templeton Growth by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Templeton Growth Market Strength Events

Market strength indicators help investors to evaluate how Templeton Growth mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Templeton Growth shares will generate the highest return on investment. By undertsting and applying Templeton Growth mutual fund market strength indicators, traders can identify Templeton Growth Fund entry and exit signals to maximize returns.

Templeton Growth Risk Indicators

The analysis of Templeton Growth's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Templeton Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting templeton mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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 Templeton Growth

The number of cover stories for Templeton Growth depends on current market conditions and Templeton Growth's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Templeton Growth is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Templeton Growth's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Templeton Mutual Fund

Templeton Growth financial ratios help investors to determine whether Templeton Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Templeton with respect to the benefits of owning Templeton Growth security.
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