Equinox Chesapeake Mutual Fund Forecast - Simple Exponential Smoothing

EQCHX Fund  USD 10.53  0.18  1.68%   
The Simple Exponential Smoothing forecasted value of Equinox Chesapeake Strategy on the next trading day is expected to be 10.53 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.56. Equinox Mutual Fund Forecast is based on your current time horizon.
  
Equinox Chesapeake 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 Equinox Chesapeake Strategy are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Equinox Chesapeake prices get older.

Equinox Chesapeake Simple Exponential Smoothing Price Forecast For the 23rd of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Equinox Chesapeake Strategy on the next trading day is expected to be 10.53 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.56.
Please note that although there have been many attempts to predict Equinox 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 Equinox Chesapeake's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Equinox Chesapeake Mutual Fund Forecast Pattern

Backtest Equinox ChesapeakeEquinox Chesapeake Price PredictionBuy or Sell Advice 

Equinox Chesapeake Forecasted Value

In the context of forecasting Equinox Chesapeake'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. Equinox Chesapeake's downside and upside margins for the forecasting period are 9.61 and 11.45, respectively. We have considered Equinox Chesapeake'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
10.53
10.53
Expected Value
11.45
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 Equinox Chesapeake mutual fund data series using in forecasting. Note that when a statistical model is used to represent Equinox Chesapeake 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 Criteria111.5927
BiasArithmetic mean of the errors 0.0113
MADMean absolute deviation0.076
MAPEMean absolute percentage error0.0071
SAESum of the absolute errors4.56
This simple exponential smoothing model begins by setting Equinox Chesapeake Strategy forecast for the second period equal to the observation of the first period. In other words, recent Equinox Chesapeake observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Equinox Chesapeake

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equinox Chesapeake. 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
0.000.000.92
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.92
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.4810.8411.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Equinox Chesapeake. Your research has to be compared to or analyzed against Equinox Chesapeake's peers to derive any actionable benefits. When done correctly, Equinox Chesapeake'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 Equinox Chesapeake.

Other Forecasting Options for Equinox Chesapeake

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

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

Equinox Chesapeake 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 Equinox Chesapeake'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 Equinox Chesapeake's current price.

Equinox Chesapeake Market Strength Events

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

Equinox Chesapeake Risk Indicators

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

Equinox Chesapeake financial ratios help investors to determine whether Equinox 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 Equinox with respect to the benefits of owning Equinox Chesapeake security.
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