Invesco Energy Mutual Fund Forecast - 20 Period Moving Average
| FSTEX Fund | USD 31.83 0.17 0.54% |
The 20 Period Moving Average forecasted value of Invesco Energy Fund on the next trading day is expected to be 31.65 with a mean absolute deviation of 0.96 and the sum of the absolute errors of 39.56. Invesco Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Invesco Energy stock prices and determine the direction of Invesco Energy Fund's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Invesco Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Invesco Energy to cross-verify your projections. Invesco |
Most investors in Invesco Energy 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 Invesco Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Invesco Energy's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Invesco Energy Fund is based on a synthetically constructed Invesco Energydaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Invesco Energy 20 Period Moving Average Price Forecast For the 30th of April
Given 90 days horizon, the 20 Period Moving Average forecasted value of Invesco Energy Fund on the next trading day is expected to be 31.65 with a mean absolute deviation of 0.96, mean absolute percentage error of 1.28, and the sum of the absolute errors of 39.56.Please note that although there have been many attempts to predict Invesco 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 Invesco Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Invesco Energy Mutual Fund Forecast Pattern
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Invesco Energy Forecasted Value
In the context of forecasting Invesco Energy'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. Invesco Energy's downside and upside margins for the forecasting period are 30.84 and 32.45, respectively. We have considered Invesco Energy'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Invesco Energy mutual fund data series using in forecasting. Note that when a statistical model is used to represent Invesco Energy 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.| AIC | Akaike Information Criteria | 81.6 |
| Bias | Arithmetic mean of the errors | -0.9243 |
| MAD | Mean absolute deviation | 0.965 |
| MAPE | Mean absolute percentage error | 0.0315 |
| SAE | Sum of the absolute errors | 39.565 |
Predictive Modules for Invesco Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco Energy. 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 Invesco Energy'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 Invesco Energy
For every potential investor in Invesco, whether a beginner or expert, Invesco Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Invesco Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Invesco. Basic forecasting techniques help filter out the noise by identifying Invesco Energy's price trends.Invesco Energy 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 Invesco Energy mutual fund to make a market-neutral strategy. Peer analysis of Invesco Energy could also be used in its relative valuation, which is a method of valuing Invesco Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Invesco Energy 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 Invesco Energy'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 Invesco Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Invesco Energy Market Strength Events
Market strength indicators help investors to evaluate how Invesco Energy 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 Invesco Energy shares will generate the highest return on investment. By undertsting and applying Invesco Energy mutual fund market strength indicators, traders can identify Invesco Energy Fund entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 31.83 | |||
| Day Typical Price | 31.83 | |||
| Price Action Indicator | 0.085 | |||
| Period Momentum Indicator | 0.17 | |||
| Relative Strength Index | 65.84 |
Invesco Energy Risk Indicators
The analysis of Invesco Energy'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 Invesco Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting invesco 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.
| Mean Deviation | 0.6579 | |||
| Semi Deviation | 0.3986 | |||
| Standard Deviation | 0.8262 | |||
| Variance | 0.6827 | |||
| Downside Variance | 0.6601 | |||
| Semi Variance | 0.1589 | |||
| Expected Short fall | (0.73) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Invesco Energy to cross-verify your projections. Note that the Invesco Energy information on this page should be used as a complementary analysis to other Invesco Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.