GUGGENHEIM MULTI-HEDGE Mutual Fund Forecast - Simple Moving Average

RYMSX
 Fund
  

USD 26.93  0.07  0.26%   

GUGGENHEIM Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GUGGENHEIM MULTI-HEDGE historical stock prices and determine the direction of GUGGENHEIM MULTI-HEDGE STRATEGIES'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 GUGGENHEIM MULTI-HEDGE historical fundamentals such as revenue growth or operating cash flow patterns.
Additionally, take a look at Historical Fundamental Analysis of GUGGENHEIM MULTI-HEDGE to cross-verify your projections.
  
Most investors in GUGGENHEIM MULTI-HEDGE 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 GUGGENHEIM MULTI-HEDGE's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets GUGGENHEIM MULTI-HEDGE's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for GUGGENHEIM MULTI-HEDGE is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

GUGGENHEIM MULTI-HEDGE Simple Moving Average Price Forecast For the 4th of December

Given 90 days horizon, the Simple Moving Average forecasted value of GUGGENHEIM MULTI-HEDGE STRATEGIES on the next trading day is expected to be 26.89 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.006909, and the sum of the absolute errors of 3.64.
Please note that although there have been many attempts to predict GUGGENHEIM 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 GUGGENHEIM MULTI-HEDGE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

GUGGENHEIM MULTI-HEDGE Mutual Fund Forecast Pattern

Backtest GUGGENHEIM MULTI-HEDGEGUGGENHEIM MULTI-HEDGE Price PredictionBuy or Sell Advice 

GUGGENHEIM MULTI-HEDGE Forecasted Value

In the context of forecasting GUGGENHEIM MULTI-HEDGE'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. GUGGENHEIM MULTI-HEDGE's downside and upside margins for the forecasting period are 26.61 and 27.18, respectively. We have considered GUGGENHEIM MULTI-HEDGE'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 26.93
26.89
Expected Value
27.18
Upside

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 GUGGENHEIM MULTI-HEDGE mutual fund data series using in forecasting. Note that when a statistical model is used to represent GUGGENHEIM MULTI-HEDGE 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 Criteria109.4598
BiasArithmetic mean of the errors 0.0014
MADMean absolute deviation0.0616
MAPEMean absolute percentage error0.0023
SAESum of the absolute errors3.635
The simple moving average model is conceptually a linear regression of the current value of GUGGENHEIM MULTI-HEDGE STRATEGIES price series against current and previous (unobserved) value of GUGGENHEIM MULTI-HEDGE. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting stock prices into the future

Predictive Modules for GUGGENHEIM MULTI-HEDGE

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GUGGENHEIM MULTI-HEDGE. 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 GUGGENHEIM MULTI-HEDGE'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 GUGGENHEIM MULTI-HEDGE in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
26.6526.9327.21
Details
Intrinsic
Valuation
LowReal ValueHigh
26.6726.9527.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GUGGENHEIM MULTI-HEDGE. Your research has to be compared to or analyzed against GUGGENHEIM MULTI-HEDGE's peers to derive any actionable benefits. When done correctly, GUGGENHEIM MULTI-HEDGE'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 GUGGENHEIM MULTI-HEDGE.

Other Forecasting Options for GUGGENHEIM MULTI-HEDGE

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

GUGGENHEIM MULTI-HEDGE 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 GUGGENHEIM MULTI-HEDGE mutual fund to make a market-neutral strategy. Peer analysis of GUGGENHEIM MULTI-HEDGE could also be used in its relative valuation, which is a method of valuing GUGGENHEIM MULTI-HEDGE by comparing valuation metrics with similar companies.
American ExpressFT Cboe VestVANGUARD SMALL-CAP GROWTHAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian GoldAramark HoldingsVanguard Long-TermSeagate Technology PLC
 Risk & Return  Correlation

GUGGENHEIM MULTI-HEDGE 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 GUGGENHEIM MULTI-HEDGE'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 GUGGENHEIM MULTI-HEDGE's current price.

GUGGENHEIM MULTI-HEDGE Market Strength Events

Market strength indicators help investors to evaluate how GUGGENHEIM MULTI-HEDGE 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 GUGGENHEIM MULTI-HEDGE shares will generate the highest return on investment. By undertsting and applying GUGGENHEIM MULTI-HEDGE mutual fund market strength indicators, traders can identify GUGGENHEIM MULTI-HEDGE STRATEGIES entry and exit signals to maximize returns.

GUGGENHEIM MULTI-HEDGE Risk Indicators

The analysis of GUGGENHEIM MULTI-HEDGE'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 GUGGENHEIM MULTI-HEDGE's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting GUGGENHEIM MULTI-HEDGE 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GUGGENHEIM MULTI-HEDGE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GUGGENHEIM MULTI-HEDGE's short interest history, or implied volatility extrapolated from GUGGENHEIM MULTI-HEDGE options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Historical Fundamental Analysis of GUGGENHEIM MULTI-HEDGE to cross-verify your projections. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for analysis

When running GUGGENHEIM MULTI-HEDGE price analysis, check to measure GUGGENHEIM MULTI-HEDGE'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 GUGGENHEIM MULTI-HEDGE is operating at the current time. Most of GUGGENHEIM MULTI-HEDGE's value examination focuses on studying past and present price action to predict the probability of GUGGENHEIM MULTI-HEDGE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GUGGENHEIM MULTI-HEDGE's price. Additionally, you may evaluate how the addition of GUGGENHEIM MULTI-HEDGE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between GUGGENHEIM MULTI-HEDGE's value and its price as these two are different measures arrived at by different means. Investors typically determine GUGGENHEIM MULTI-HEDGE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GUGGENHEIM MULTI-HEDGE'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.