Calvert Capital Mutual Fund Forecast - Double Exponential Smoothing

CCPIX Fund  USD 46.41  0.35  0.76%   
The Double Exponential Smoothing forecasted value of Calvert Capital Accumulation on the next trading day is expected to be 46.30 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 18.72. Calvert Mutual Fund Forecast is based on your current time horizon.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Calvert Capital works best with periods where there are trends or seasonality.

Calvert Capital Double Exponential Smoothing Price Forecast For the 27th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Calvert Capital Accumulation on the next trading day is expected to be 46.30 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.23, and the sum of the absolute errors of 18.72.
Please note that although there have been many attempts to predict Calvert 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 Calvert Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Calvert Capital Mutual Fund Forecast Pattern

Backtest Calvert CapitalCalvert Capital Price PredictionBuy or Sell Advice 

Calvert Capital Forecasted Value

In the context of forecasting Calvert Capital'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. Calvert Capital's downside and upside margins for the forecasting period are 45.36 and 47.24, respectively. We have considered Calvert Capital'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
46.41
46.30
Expected Value
47.24
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Calvert Capital mutual fund data series using in forecasting. Note that when a statistical model is used to represent Calvert Capital 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0868
MADMean absolute deviation0.3173
MAPEMean absolute percentage error0.0066
SAESum of the absolute errors18.72
When Calvert Capital Accumulation prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Calvert Capital Accumulation trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Calvert Capital observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Calvert Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Calvert Capital Accu. 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.
Hype
Prediction
LowEstimatedHigh
45.4746.4147.35
Details
Intrinsic
Valuation
LowRealHigh
45.9146.8547.79
Details
Bollinger
Band Projection (param)
LowMiddleHigh
29.3948.4467.49
Details

Other Forecasting Options for Calvert Capital

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

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

Calvert Capital Accu 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 Calvert Capital'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 Calvert Capital's current price.

Calvert Capital Market Strength Events

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

Calvert Capital Risk Indicators

The analysis of Calvert Capital'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 Calvert Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting calvert 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 Calvert Mutual Fund

Calvert Capital financial ratios help investors to determine whether Calvert 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 Calvert with respect to the benefits of owning Calvert Capital security.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Money Managers
Screen money managers from public funds and ETFs managed around the world