CM AM Fund Forecast - Naive Prediction

0P0001F96C   106.29  0.02  0.02%   
The Naive Prediction forecasted value of CM AM Monplus NE on the next trading day is expected to be 106.30 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.31. Investors can use prediction functions to forecast CM AM's fund prices and determine the direction of CM AM Monplus NE's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
A naive forecasting model for CM AM is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of CM AM Monplus NE 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.

CM AM Naive Prediction Price Forecast For the 23rd of December

Given 90 days horizon, the Naive Prediction forecasted value of CM AM Monplus NE on the next trading day is expected to be 106.30 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000039, and the sum of the absolute errors of 0.31.
Please note that although there have been many attempts to predict 0P0001F96C 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 CM AM's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CM AM Fund Forecast Pattern

CM AM Forecasted Value

In the context of forecasting CM AM'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. CM AM's downside and upside margins for the forecasting period are 106.29 and 106.31, respectively. We have considered CM AM'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
106.29
106.29
Downside
106.30
Expected Value
106.31
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 CM AM fund data series using in forecasting. Note that when a statistical model is used to represent CM AM 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 Criteria107.9584
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0051
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.3115
This model is not at all useful as a medium-long range forecasting tool of CM AM Monplus NE. 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 CM AM. 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 CM AM

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CM AM Monplus. 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 CM AM

For every potential investor in 0P0001F96C, whether a beginner or expert, CM AM's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 0P0001F96C Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 0P0001F96C. Basic forecasting techniques help filter out the noise by identifying CM AM's price trends.

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

CM AM Monplus 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 CM AM'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 CM AM's current price.

CM AM Market Strength Events

Market strength indicators help investors to evaluate how CM AM fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CM AM shares will generate the highest return on investment. By undertsting and applying CM AM fund market strength indicators, traders can identify CM AM Monplus NE entry and exit signals to maximize returns.

CM AM Risk Indicators

The analysis of CM AM'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 CM AM's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 0p0001f96c 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.

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