Mexico Closed Fund Forecast - 4 Period Moving Average
| MXF Fund | USD 14.09 0.20 1.44% |
The 4 Period Moving Average forecasted value of Mexico Closed on the next trading day is expected to be 14.02 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 9.45. Mexico Fund Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Mexico Closed's historical fundamentals, such as revenue growth or operating cash flow patterns.
Mexico |
Mexico Closed 4 Period Moving Average Price Forecast For the 17th of December 2024
Given 90 days horizon, the 4 Period Moving Average forecasted value of Mexico Closed on the next trading day is expected to be 14.02 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.45.Please note that although there have been many attempts to predict Mexico 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 Mexico Closed's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mexico Closed Fund Forecast Pattern
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Mexico Closed Forecasted Value
In the context of forecasting Mexico Closed's 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. Mexico Closed's downside and upside margins for the forecasting period are 12.81 and 15.23, respectively. We have considered Mexico Closed'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Mexico Closed fund data series using in forecasting. Note that when a statistical model is used to represent Mexico Closed 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 | 107.5557 |
| Bias | Arithmetic mean of the errors | 0.0453 |
| MAD | Mean absolute deviation | 0.1658 |
| MAPE | Mean absolute percentage error | 0.0118 |
| SAE | Sum of the absolute errors | 9.4525 |
Predictive Modules for Mexico Closed
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mexico Closed. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Mexico Closed's 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.
Other Forecasting Options for Mexico Closed
For every potential investor in Mexico, whether a beginner or expert, Mexico Closed's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mexico Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mexico. Basic forecasting techniques help filter out the noise by identifying Mexico Closed's price trends.View Mexico Closed Related Equities
| Risk & Return | Correlation |
Mexico Closed Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Mexico Closed's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Mexico Closed's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Mexico Closed Market Strength Events
Market strength indicators help investors to evaluate how Mexico Closed fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mexico Closed shares will generate the highest return on investment. By undertsting and applying Mexico Closed fund market strength indicators, traders can identify Mexico Closed entry and exit signals to maximize returns.
Mexico Closed Risk Indicators
The analysis of Mexico Closed'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 Mexico Closed's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mexico 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 | 0.9701 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.49 |
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.
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Other Information on Investing in Mexico Fund
Mexico Closed financial ratios help investors to determine whether Mexico 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 Mexico with respect to the benefits of owning Mexico Closed security.
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