PIONEER FLEXIBLE Mutual Fund Forecast - Double Exponential Smoothing

PMARX
 Fund
  

USD 11.69  0.05  0.43%   

PIONEER Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PIONEER FLEXIBLE historical stock prices and determine the direction of PIONEER FLEXIBLE OPPORTUNITIES's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of PIONEER FLEXIBLE historical fundamentals such as revenue growth or operating cash flow patterns.
Please check Historical Fundamental Analysis of PIONEER FLEXIBLE to cross-verify your projections.
  
Most investors in PIONEER FLEXIBLE cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the PIONEER FLEXIBLE's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PIONEER FLEXIBLE's price structures and extracts relationships that further increase the generated results' accuracy.
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 PIONEER FLEXIBLE works best with periods where there are trends or seasonality.

PIONEER FLEXIBLE Double Exponential Smoothing Price Forecast For the 4th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of PIONEER FLEXIBLE OPPORTUNITIES on the next trading day is expected to be 11.71 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.013154, and the sum of the absolute errors of 5.30.
Please note that although there have been many attempts to predict PIONEER 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 PIONEER FLEXIBLE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PIONEER FLEXIBLE Mutual Fund Forecast Pattern

Backtest PIONEER FLEXIBLEPIONEER FLEXIBLE Price PredictionBuy or Sell Advice 

PIONEER FLEXIBLE Forecasted Value

In the context of forecasting PIONEER FLEXIBLE'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. PIONEER FLEXIBLE's downside and upside margins for the forecasting period are 10.77 and 12.66, respectively. We have considered PIONEER FLEXIBLE'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 11.69
11.71
Expected Value
12.66
Upside

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 PIONEER FLEXIBLE mutual fund data series using in forecasting. Note that when a statistical model is used to represent PIONEER FLEXIBLE 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 0.0081
MADMean absolute deviation0.0899
MAPEMean absolute percentage error0.008
SAESum of the absolute errors5.3043
When PIONEER FLEXIBLE OPPORTUNITIES 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 PIONEER FLEXIBLE OPPORTUNITIES 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 PIONEER FLEXIBLE observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for PIONEER FLEXIBLE

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PIONEER FLEXIBLE OPP. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of PIONEER FLEXIBLE'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. Please use the tools below to analyze the current value of PIONEER FLEXIBLE in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.7511.6912.63
Details
Intrinsic
Valuation
LowReal ValueHigh
10.6411.5812.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PIONEER FLEXIBLE. Your research has to be compared to or analyzed against PIONEER FLEXIBLE's peers to derive any actionable benefits. When done correctly, PIONEER FLEXIBLE's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in PIONEER FLEXIBLE OPP.

Other Forecasting Options for PIONEER FLEXIBLE

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

PIONEER FLEXIBLE 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 PIONEER FLEXIBLE mutual fund to make a market-neutral strategy. Peer analysis of PIONEER FLEXIBLE could also be used in its relative valuation, which is a method of valuing PIONEER FLEXIBLE by comparing valuation metrics with similar companies.
JPMorgan ChaseEverscaleEverestScheid VineyardsBondbloxx ETF TrustGalxeFT Cboe VestSECOM LTDVANGUARD SMALL-CAP GROWTHAMPLAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEAN
 Risk & Return  Correlation

PIONEER FLEXIBLE OPP Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of PIONEER FLEXIBLE'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 PIONEER FLEXIBLE's current price.

PIONEER FLEXIBLE Risk Indicators

The analysis of PIONEER FLEXIBLE's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in PIONEER FLEXIBLE's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting PIONEER FLEXIBLE stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PIONEER FLEXIBLE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Historical Fundamental Analysis of PIONEER FLEXIBLE to cross-verify your projections. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running PIONEER FLEXIBLE OPP price analysis, check to measure PIONEER FLEXIBLE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PIONEER FLEXIBLE is operating at the current time. Most of PIONEER FLEXIBLE's value examination focuses on studying past and present price action to predict the probability of PIONEER FLEXIBLE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PIONEER FLEXIBLE's price. Additionally, you may evaluate how the addition of PIONEER FLEXIBLE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between PIONEER FLEXIBLE's value and its price as these two are different measures arrived at by different means. Investors typically determine PIONEER FLEXIBLE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIONEER FLEXIBLE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.