Precious Metals Mutual Fund Forecast - Double Exponential Smoothing

Precious Metals Additional Predictive Modules

Most predictive techniques to examine Precious price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Precious using various technical indicators. When you analyze Precious 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. Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Precious Metals works best with periods where there are trends or seasonality.

Precious Metals Double Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Precious Metals And on the next trading day is expected to be 60.25 with a mean absolute deviation of 0.77, mean absolute percentage error of 1.09, and the sum of the absolute errors of 45.24.

Precious Metals Mutual Fund Forecast Pattern

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Precious Metals Price Prediction

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Precious Metals Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Precious Metals mutual fund data series using in forecasting. Note that when a statistical model is used to represent Precious Metals 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. When Precious Metals And 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 Precious Metals And trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Precious Metals observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Precious Metals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Precious Metals And. 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 Low Estimated High 57.98 60.11 62.24 Details

Intrinsic Valuation Low Real High 54.10 62.43 64.56 Details

Bollinger Band Projection (param) Low Middle High 46.49 53.36 60.22 Details

Precious Metals After-Hype Price Density Analysis

Precious Metals Estimiated After-Hype Price Volatility

Precious Metals Mutual Fund Price Outlook Analysis

Notes

Precious Metals Hype Timeline

Precious Metals And is at this time traded for 60.11. The entity has historical hype elasticity of -17.32, and average elasticity to hype of competition of 1.5. Precious 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 about 8.44%. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.68%. %. The volatility of related hype on Precious Metals is about 97.65%, with the expected price after the next announcement by competition of 61.61. The company has Price to Book (P/B) ratio of 0.96. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Precious Metals And had not issued any dividends in recent years. Assuming the 90 days horizon the next expected press release will be in about 4 days. Check out Historical Fundamental Analysis of Precious Metals to cross-verify your projections.

Precious Metals Related Hype Analysis

Other Forecasting Options for Precious Metals

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

Precious Metals Related Equities

Risk & Return

Correlation

Precious Metals Market Strength Events

Precious Metals Risk Indicators

Story Coverage note for Precious Metals

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