Citizensselect Funds Money Market Fund Forecast - Simple Exponential Smoothing

CEIXX Fund   1.00  0.00  0.00%   
The Simple Exponential Smoothing forecasted value of Citizensselect Funds on the next trading day is expected to be 1.00 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. Citizensselect Money Market Fund Forecast is based on your current time horizon.
  
Citizensselect Funds simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Citizensselect Funds are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Citizensselect Funds prices get older.

Citizensselect Funds Simple Exponential Smoothing Price Forecast For the 27th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Citizensselect Funds on the next trading day is expected to be 1.00 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.00000167, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict Citizensselect Money Market 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 Citizensselect Funds' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Citizensselect Funds Money Market Fund Forecast Pattern

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Citizensselect Funds Forecasted Value

In the context of forecasting Citizensselect Funds' Money Market 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. Citizensselect Funds' downside and upside margins for the forecasting period are 0.87 and 1.13, respectively. We have considered Citizensselect Funds' 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
1.00
1.00
Expected Value
1.13
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Citizensselect Funds money market fund data series using in forecasting. Note that when a statistical model is used to represent Citizensselect Funds money market 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 Criteria102.9679
BiasArithmetic mean of the errors -2.0E-4
MADMean absolute deviation2.0E-4
MAPEMean absolute percentage error2.0E-4
SAESum of the absolute errors0.01
This simple exponential smoothing model begins by setting Citizensselect Funds forecast for the second period equal to the observation of the first period. In other words, recent Citizensselect Funds observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Citizensselect Funds

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Citizensselect Funds. Regardless of method or technology, however, to accurately forecast the money market fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the money market 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 Citizensselect Funds' 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
0.871.001.13
Details
Intrinsic
Valuation
LowRealHigh
0.840.971.10
Details

Other Forecasting Options for Citizensselect Funds

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

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

Citizensselect Funds Technical and Predictive Analytics

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

Citizensselect Funds Market Strength Events

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

Citizensselect Funds Risk Indicators

The analysis of Citizensselect Funds' 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 Citizensselect Funds' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting citizensselect money market 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 Citizensselect Money Market Fund

Citizensselect Funds financial ratios help investors to determine whether Citizensselect Money Market 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 Citizensselect with respect to the benefits of owning Citizensselect Funds security.
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