Wilmington Multi Mutual Fund Forecast - Naive Prediction

WMRIX Fund  USD 13.89  0.09  0.65%   
The Naive Prediction forecasted value of Wilmington Multi Manager Real on the next trading day is expected to be 13.68 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.72. Wilmington Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Wilmington Multi stock prices and determine the direction of Wilmington Multi Manager Real's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Wilmington Multi's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Wilmington Multi to cross-verify your projections.
  
Most investors in Wilmington Multi 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 Wilmington Multi's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Wilmington Multi's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Wilmington Multi is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Wilmington Multi Manager Real 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.

Wilmington Multi Naive Prediction Price Forecast For the 9th of June

Given 90 days horizon, the Naive Prediction forecasted value of Wilmington Multi Manager Real on the next trading day is expected to be 13.68 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.72.
Please note that although there have been many attempts to predict Wilmington 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 Wilmington Multi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Wilmington Multi Mutual Fund Forecast Pattern

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Wilmington Multi Forecasted Value

In the context of forecasting Wilmington Multi'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. Wilmington Multi's downside and upside margins for the forecasting period are 13.10 and 14.26, respectively. We have considered Wilmington Multi'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
13.89
13.68
Expected Value
14.26
Upside

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 Wilmington Multi mutual fund data series using in forecasting. Note that when a statistical model is used to represent Wilmington Multi 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 Criteria115.651
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0923
MAPEMean absolute percentage error0.0067
SAESum of the absolute errors5.7241
This model is not at all useful as a medium-long range forecasting tool of Wilmington Multi Manager Real. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Wilmington Multi. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Wilmington Multi

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wilmington Multi Man. 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 Wilmington Multi'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.
Hype
Prediction
LowEstimatedHigh
13.2313.8014.37
Details
Intrinsic
Valuation
LowRealHigh
13.2213.7914.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wilmington Multi. Your research has to be compared to or analyzed against Wilmington Multi's peers to derive any actionable benefits. When done correctly, Wilmington Multi's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wilmington Multi Man.

Other Forecasting Options for Wilmington Multi

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

Wilmington Multi 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 Wilmington Multi mutual fund to make a market-neutral strategy. Peer analysis of Wilmington Multi could also be used in its relative valuation, which is a method of valuing Wilmington Multi by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Wilmington Multi Man Technical and Predictive Analytics

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

Wilmington Multi Market Strength Events

Market strength indicators help investors to evaluate how Wilmington Multi 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 Wilmington Multi shares will generate the highest return on investment. By undertsting and applying Wilmington Multi mutual fund market strength indicators, traders can identify Wilmington Multi Manager Real entry and exit signals to maximize returns.

Wilmington Multi Risk Indicators

The analysis of Wilmington Multi'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 Wilmington Multi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wilmington 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.
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.

Other Information on Investing in Wilmington Mutual Fund

Wilmington Multi financial ratios help investors to determine whether Wilmington Mutual 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 Wilmington with respect to the benefits of owning Wilmington Multi security.
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