Columbia Acorn Mutual Fund Forecast - Naive Prediction

CUSAXDelisted Fund  USD 11.45  0.00  0.00%   
The Naive Prediction forecasted value of Columbia Acorn Usa on the next trading day is expected to be 11.38 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.97. Columbia Mutual Fund Forecast is based on your current time horizon.
  
A naive forecasting model for Columbia Acorn is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Columbia Acorn Usa 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.

Columbia Acorn Naive Prediction Price Forecast For the 14th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Columbia Acorn Usa on the next trading day is expected to be 11.38 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.97.
Please note that although there have been many attempts to predict Columbia 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 Columbia Acorn's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Columbia Acorn Mutual Fund Forecast Pattern

Backtest Columbia AcornColumbia Acorn Price PredictionBuy or Sell Advice 

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 Columbia Acorn mutual fund data series using in forecasting. Note that when a statistical model is used to represent Columbia Acorn 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 Criteria114.3038
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1143
MAPEMean absolute percentage error0.01
SAESum of the absolute errors6.9743
This model is not at all useful as a medium-long range forecasting tool of Columbia Acorn Usa. 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 Columbia Acorn. 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 Columbia Acorn

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Columbia Acorn Usa. 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
11.4511.4511.45
Details
Intrinsic
Valuation
LowRealHigh
10.6010.6012.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.9311.4011.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Acorn. Your research has to be compared to or analyzed against Columbia Acorn's peers to derive any actionable benefits. When done correctly, Columbia Acorn's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Columbia Acorn Usa.

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

Columbia Acorn Market Strength Events

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

Columbia Acorn Risk Indicators

The analysis of Columbia Acorn'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 Columbia Acorn's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting columbia 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Consideration for investing in Columbia Mutual Fund

If you are still planning to invest in Columbia Acorn Usa check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Columbia Acorn's history and understand the potential risks before investing.
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