CSIF III Fund Forecast - Simple Regression
0P0001EDRM | 1,694 10.48 0.61% |
CSIF |
CSIF III Simple Regression Price Forecast For the 27th of December
Given 90 days horizon, the Simple Regression forecasted value of CSIF III Eq on the next trading day is expected to be 1,734 with a mean absolute deviation of 15.36, mean absolute percentage error of 357.73, and the sum of the absolute errors of 936.93.Please note that although there have been many attempts to predict CSIF 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 CSIF III's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CSIF III Fund Forecast Pattern
CSIF III Forecasted Value
In the context of forecasting CSIF III's 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. CSIF III's downside and upside margins for the forecasting period are 1,733 and 1,734, respectively. We have considered CSIF III'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of CSIF III fund data series using in forecasting. Note that when a statistical model is used to represent CSIF III 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 | 123.9903 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 15.3595 |
MAPE | Mean absolute percentage error | 0.0091 |
SAE | Sum of the absolute errors | 936.9298 |
Predictive Modules for CSIF III
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CSIF III Eq. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Other Forecasting Options for CSIF III
For every potential investor in CSIF, whether a beginner or expert, CSIF III's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CSIF Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CSIF. Basic forecasting techniques help filter out the noise by identifying CSIF III's price trends.CSIF III 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 CSIF III fund to make a market-neutral strategy. Peer analysis of CSIF III could also be used in its relative valuation, which is a method of valuing CSIF III by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
CSIF III Eq Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CSIF III'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 CSIF III's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
CSIF III Market Strength Events
Market strength indicators help investors to evaluate how CSIF III fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CSIF III shares will generate the highest return on investment. By undertsting and applying CSIF III fund market strength indicators, traders can identify CSIF III Eq entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 1694.31 | |||
Day Typical Price | 1694.31 | |||
Price Action Indicator | (5.24) | |||
Period Momentum Indicator | (10.48) | |||
Relative Strength Index | 43.4 |
CSIF III Risk Indicators
The analysis of CSIF III'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 CSIF III's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting csif 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 | 0.4223 | |||
Semi Deviation | 0.6212 | |||
Standard Deviation | 0.6038 | |||
Variance | 0.3645 | |||
Downside Variance | 0.4786 | |||
Semi Variance | 0.3859 | |||
Expected Short fall | (0.44) |
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.Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |