CI Global Fund Forecast - Polynomial Regression

0P0000A357   74.28  0.37  0.50%   
The Polynomial Regression forecasted value of CI Global Alpha on the next trading day is expected to be 76.65 with a mean absolute deviation of 0.96 and the sum of the absolute errors of 58.38. Investors can use prediction functions to forecast CI Global's fund prices and determine the direction of CI Global Alpha's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
CI Global polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CI Global Alpha as well as the accuracy indicators are determined from the period prices.

CI Global Polynomial Regression Price Forecast For the 29th of November

Given 90 days horizon, the Polynomial Regression forecasted value of CI Global Alpha on the next trading day is expected to be 76.65 with a mean absolute deviation of 0.96, mean absolute percentage error of 1.74, and the sum of the absolute errors of 58.38.
Please note that although there have been many attempts to predict 0P0000A357 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 CI Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CI Global Fund Forecast Pattern

CI Global Forecasted Value

In the context of forecasting CI Global's 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. CI Global's downside and upside margins for the forecasting period are 75.21 and 78.09, respectively. We have considered CI Global'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
74.28
76.65
Expected Value
78.09
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of CI Global fund data series using in forecasting. Note that when a statistical model is used to represent CI Global 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 Criteria118.6636
BiasArithmetic mean of the errors None
MADMean absolute deviation0.957
MAPEMean absolute percentage error0.014
SAESum of the absolute errors58.3781
A single variable polynomial regression model attempts to put a curve through the CI Global historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for CI Global

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

Other Forecasting Options for CI Global

For every potential investor in 0P0000A357, whether a beginner or expert, CI Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 0P0000A357 Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 0P0000A357. Basic forecasting techniques help filter out the noise by identifying CI Global's price trends.

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

CI Global Alpha Technical and Predictive Analytics

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

CI Global Market Strength Events

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

CI Global Risk Indicators

The analysis of CI Global'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 CI Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 0p0000a357 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.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Share Portfolio
Track or share privately all of your investments from the convenience of any device