Sei Daily Money Market Fund Forecast - Naive Prediction
| GFAXX Fund | USD 1.00 0.00 0.00% |
The Naive Prediction forecasted value of Sei Daily Income on the next trading day is expected to be 1.00 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.07. Sei Money Market Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sei Daily stock prices and determine the direction of Sei Daily Income's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sei Daily's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out fundamental analysis of Sei Daily to check your projections. Sei |
Most investors in Sei Daily cannot accurately predict what will happen the next trading day because, historically, fund 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 Sei Daily's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sei Daily's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Sei Daily is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Sei Daily Income value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period. Sei Daily Naive Prediction Price Forecast For the 21st of May
Given 90 days horizon, the Naive Prediction forecasted value of Sei Daily Income on the next trading day is expected to be 1.00 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000278, and the sum of the absolute errors of 0.07.Please note that although there have been many attempts to predict Sei Money Market 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 Sei Daily's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sei Daily Money Market Fund Forecast Pattern
Sei Daily Forecasted Value
In the context of forecasting Sei Daily's Money Market 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. Sei Daily's downside and upside margins for the forecasting period are 0.88 and 1.13, respectively. We have considered Sei Daily'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Sei Daily money market fund data series using in forecasting. Note that when a statistical model is used to represent Sei Daily money market 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 | 105.3162 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0012 |
| MAPE | Mean absolute percentage error | 0.0012 |
| SAE | Sum of the absolute errors | 0.0726 |
Predictive Modules for Sei Daily
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sei Daily Income. Regardless of method or technology, however, to accurately forecast the money market fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the money market 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 Sei Daily'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 Sei Daily
For every potential investor in Sei, whether a beginner or expert, Sei Daily's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sei Money Market Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sei. Basic forecasting techniques help filter out the noise by identifying Sei Daily's price trends.Sei Daily 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 Sei Daily money market fund to make a market-neutral strategy. Peer analysis of Sei Daily could also be used in its relative valuation, which is a method of valuing Sei Daily by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sei Daily Income Technical and Predictive Analytics
The money market fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sei Daily'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 Sei Daily's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sei Daily Market Strength Events
Market strength indicators help investors to evaluate how Sei Daily money market fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sei Daily shares will generate the highest return on investment. By undertsting and applying Sei Daily money market fund market strength indicators, traders can identify Sei Daily Income entry and exit signals to maximize returns.
Sei Daily Risk Indicators
The analysis of Sei Daily'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 Sei Daily's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sei money market 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 | 0.0301 | |||
| Standard Deviation | 0.1243 | |||
| Variance | 0.0155 |
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.Check out fundamental analysis of Sei Daily to check your projections. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Please note, there is a significant difference between Sei Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sei Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sei Daily'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.