THRIVENT PARTNER Mutual Fund Forward View - Simple Moving Average
| TWAIX Fund | USD 12.67 -0.04 -0.31% |
The Simple Moving Average forecast shown here for THRIVENT PARTNER is reference data produced from its historical price series. The projected value and error measures below serve as reference information. This data is provided for reference and analytical review. The Simple Moving Average output serves as one input among many for analytical review.
The Simple Moving Average forecasted value of Thrivent Partner Worldwide on the next trading day is expected to be 12.69 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.00.The simple moving average model is conceptually a linear regression of the current value of Thrivent Partner Worldwide price series against current and previous (unobserved) value of THRIVENT PARTNER. 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 THRIVENT PARTNER presents model-generated projections from historical price data for informational purposes. Simple Moving Average Price Forecast For the 25th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Thrivent Partner Worldwide on the next trading day is expected to be 12.69 with a mean absolute deviation of 0.12 , mean absolute percentage error of 0.03 , and the sum of the absolute errors of 7.00 .Please note that although there have been many attempts to predict THRIVENT 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 THRIVENT PARTNER'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 Thrivent Partner Worldwide focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 11.58 and upside near 13.80.
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 THRIVENT PARTNER mutual fund data series using in forecasting. Note that when a statistical model is used to represent THRIVENT PARTNER 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 | 110.8236 |
| Bias | Arithmetic mean of the errors | 5.0E-4 |
| MAD | Mean absolute deviation | 0.1186 |
| MAPE | Mean absolute percentage error | 0.009 |
| SAE | Sum of the absolute errors | 7.0 |
Other Forecasting Options for THRIVENT PARTNER
The distribution of THRIVENT PARTNER's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in THRIVENT PARTNER's chart that simple price charts miss. The slope of THRIVENT PARTNER's linear regression channel quantifies trend direction and strength over a chosen lookback period. Divergences between OBV and price can foreshadow trend changes in THRIVENT.THRIVENT PARTNER Related Equities
THRIVENT PARTNER's market space within the Foreign Large Blend space is best grasped by looking at the firms listed below. Checking THRIVENT PARTNER against peers on P/E, margins, and return on equity helps put its position in context. Peer pricing works best when the firms compared share similar business models and end markets. Tracking THRIVENT PARTNER's results against these peers over time helps spot rising trends early.
| Risk & Return | Correlation |
THRIVENT PARTNER Market Strength Events
Market strength indicators for THRIVENT PARTNER give insight into the mutual fund's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Thrivent Partner Worldwide. Market strength analysis for Thrivent Partner Worldwide works best when combined with volume and volatility data. For THRIVENT PARTNER, strength indicators are a practical complement to price and fundamental analysis.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 12.67 | |||
| Day Typical Price | 12.67 | |||
| Price Action Indicator | -0.02 | |||
| Period Momentum Indicator | -0.04 | |||
| Relative Strength Index | 41.87 |
THRIVENT PARTNER Risk Indicators
A thorough review of THRIVENT PARTNER's risk indicators is an important first step in forecasting its price. Quantifying the risk involved in THRIVENT PARTNER's allows investors to make better decisions about entry, sizing, and hedging. The assessment of THRIVENT PARTNER's risk indicators plays a key role in managing investment exposure. Identifying the magnitude of risk in THRIVENT PARTNER's provides context to choose between accepting or hedging exposure.
| Mean Deviation | 0.7881 | |||
| Semi Deviation | 1.24 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.16 | |||
| Downside Variance | 1.84 | |||
| Semi Variance | 1.53 | |||
| Expected Short fall | -0.75 |
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 THRIVENT PARTNER
Coverage intensity for Thrivent Partner Worldwide matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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.