Columbia Seligman Mutual Fund Forecast - Naive Prediction

Columbia Seligman Additional Predictive Modules

Most predictive techniques to examine Columbia price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Columbia using various technical indicators. When you analyze Columbia charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Columbia Seligman is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Columbia Seligman Munications 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 Seligman Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Columbia Seligman Munications on the next trading day is expected to be 157.51 with a mean absolute deviation of 3.10, mean absolute percentage error of 17.70, and the sum of the absolute errors of 189.07.

Columbia Seligman Mutual Fund Forecast Pattern

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Columbia Seligman Forecasted Value

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 Seligman mutual fund data series using in forecasting. Note that when a statistical model is used to represent Columbia Seligman 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. This model is not at all useful as a medium-long range forecasting tool of Columbia Seligman Munications. 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 Seligman. 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 Seligman

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 Seligman. 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 Low Estimated High 149.23 151.43 153.63 Details

Intrinsic Valuation Low Real High 136.26 162.76 164.96 Details

Bollinger Band Projection (param) Low Middle High 128.10 142.24 156.37 Details

Columbia Seligman After-Hype Price Prediction Density Analysis

Columbia Seligman Estimiated After-Hype Price Volatility

Columbia Seligman Mutual Fund Price Prediction Analysis

Columbia Seligman Hype Timeline

Columbia Seligman is at this time traded for 150.61. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -3.91. Columbia is projected to increase in value after the next headline, with the price projected to jump to 151.43 or above. The average volatility of media hype impact on the company the price is insignificant. The price jump on the next news is projected to be 0.02%, whereas the daily expected return is at this time at 0.31%. The volatility of related hype on Columbia Seligman is about 17.36%, with the expected price after the next announcement by competition of 146.70. Assuming the 90 days horizon the next projected press release will be within a week. Check out Historical Fundamental Analysis of Columbia Seligman to cross-verify your projections.

Columbia Seligman Related Hype Analysis

Other Forecasting Options for Columbia Seligman

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

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