CAC All Index Forecast - 4 Period Moving Average

PAX Index   8,847  47.93  0.54%   
The 4 Period Moving Average forecasted value of CAC All Shares on the next trading day is expected to be 8,819 with a mean absolute deviation of 69.49 and the sum of the absolute errors of 3,961. Investors can use prediction functions to forecast CAC All's index prices and determine the direction of CAC All Shares's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
A four-period moving average forecast model for CAC All Shares is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

CAC All 4 Period Moving Average Price Forecast For the 17th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of CAC All Shares on the next trading day is expected to be 8,819 with a mean absolute deviation of 69.49, mean absolute percentage error of 9,094, and the sum of the absolute errors of 3,961.
Please note that although there have been many attempts to predict CAC Index 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 CAC All's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CAC All Index Forecast Pattern

CAC All Forecasted Value

In the context of forecasting CAC All's Index 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. CAC All's downside and upside margins for the forecasting period are 8,818 and 8,820, respectively. We have considered CAC All'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
8,847
8,819
Expected Value
8,820
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of CAC All index data series using in forecasting. Note that when a statistical model is used to represent CAC All index, 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 Criteria119.8744
BiasArithmetic mean of the errors 7.8836
MADMean absolute deviation69.488
MAPEMean absolute percentage error0.0079
SAESum of the absolute errors3960.8175
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of CAC All. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for CAC All Shares and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for CAC All

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CAC All Shares. Regardless of method or technology, however, to accurately forecast the index market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the index 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 CAC All

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

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

CAC All Shares Technical and Predictive Analytics

The index market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CAC All'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 CAC All's current price.

CAC All Market Strength Events

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

CAC All Risk Indicators

The analysis of CAC All'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 CAC All's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cac index 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.