Akre Focus Mutual Fund Forecast - Double Exponential Smoothing
| AKREXDelisted Fund | USD 62.87 0.00 0.00% |
The Double Exponential Smoothing forecasted value of Akre Focus Fund on the next trading day is expected to be 62.70 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 23.98. Akre Mutual Fund Forecast is based on your current time horizon.
At this time, the relative strength index (RSI) of Akre Focus' share price is approaching 40. This suggests that the mutual fund is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Akre Focus, making its price go up or down. Momentum 40
Sell Extended
Oversold | Overbought |
Using Akre Focus hype-based prediction, you can estimate the value of Akre Focus Fund from the perspective of Akre Focus response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Akre Focus Fund on the next trading day is expected to be 62.70 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 23.98. Akre Focus after-hype prediction price | USD 62.65 |
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.
Akre |
Akre Focus Additional Predictive Modules
Most predictive techniques to examine Akre price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Akre using various technical indicators. When you analyze Akre 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Akre Focus Double Exponential Smoothing Price Forecast For the 6th of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Akre Focus Fund on the next trading day is expected to be 62.70 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.28, and the sum of the absolute errors of 23.98.Please note that although there have been many attempts to predict Akre 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 Akre Focus' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Akre Focus Mutual Fund Forecast Pattern
| Backtest Akre Focus | Akre Focus Price Prediction | Buy or Sell Advice |
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 Akre Focus mutual fund data series using in forecasting. Note that when a statistical model is used to represent Akre Focus 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0824 |
| MAD | Mean absolute deviation | 0.4064 |
| MAPE | Mean absolute percentage error | 0.0061 |
| SAE | Sum of the absolute errors | 23.98 |
Predictive Modules for Akre Focus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Akre Focus Fund. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akre Focus' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Akre Focus 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 Akre Focus mutual fund to make a market-neutral strategy. Peer analysis of Akre Focus could also be used in its relative valuation, which is a method of valuing Akre Focus by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Akre Focus Market Strength Events
Market strength indicators help investors to evaluate how Akre Focus 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 Akre Focus shares will generate the highest return on investment. By undertsting and applying Akre Focus mutual fund market strength indicators, traders can identify Akre Focus Fund entry and exit signals to maximize returns.
Akre Focus Risk Indicators
The analysis of Akre Focus' 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 Akre Focus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akre 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.
| Mean Deviation | 0.6187 | |||
| Standard Deviation | 0.8154 | |||
| Variance | 0.6648 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Consideration for investing in Akre Mutual Fund
If you are still planning to invest in Akre Focus Fund check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Akre Focus' history and understand the potential risks before investing.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |