PICTON Core Fund Forecast - Simple Exponential Smoothing

0P0001PZNT   10.60  0.01  0.09%   
The Simple Exponential Smoothing forecasted value of PICTON Core Bond on the next trading day is expected to be 10.60 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.91. Investors can use prediction functions to forecast PICTON Core's fund prices and determine the direction of PICTON Core Bond's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. As of today the relative strength index (rsi) of PICTON Core's share price is below 20 . This suggests that the fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of PICTON Core's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with PICTON Core Bond, which may create opportunities for some arbitrage if properly timed.
Using PICTON Core hype-based prediction, you can estimate the value of PICTON Core Bond from the perspective of PICTON Core response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of PICTON Core Bond on the next trading day is expected to be 10.60 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.91.

PICTON Core after-hype prediction price

    
  CAD 10.6  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in employment.

PICTON Core Additional Predictive Modules

Most predictive techniques to examine PICTON price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PICTON using various technical indicators. When you analyze PICTON 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.
PICTON Core 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 PICTON Core Bond are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as PICTON Core Bond prices get older.

PICTON Core Simple Exponential Smoothing Price Forecast For the 12th of January 2026

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of PICTON Core Bond on the next trading day is expected to be 10.60 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.91.
Please note that although there have been many attempts to predict PICTON 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 PICTON Core's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PICTON Core Fund Forecast Pattern

PICTON Core Forecasted Value

In the context of forecasting PICTON Core'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. PICTON Core's downside and upside margins for the forecasting period are 10.40 and 10.80, respectively. We have considered PICTON Core'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
10.60
10.60
Expected Value
10.80
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 PICTON Core fund data series using in forecasting. Note that when a statistical model is used to represent PICTON Core 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 Criteria108.5199
BiasArithmetic mean of the errors 4.0E-4
MADMean absolute deviation0.0152
MAPEMean absolute percentage error0.0014
SAESum of the absolute errors0.914
This simple exponential smoothing model begins by setting PICTON Core Bond forecast for the second period equal to the observation of the first period. In other words, recent PICTON Core observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for PICTON Core

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PICTON Core Bond. 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 PICTON Core

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

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

PICTON Core Bond 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 PICTON Core'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 PICTON Core's current price.

PICTON Core Market Strength Events

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

PICTON Core Risk Indicators

The analysis of PICTON Core'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 PICTON Core's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting picton 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.

Pair Trading with PICTON Core

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PICTON Core position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PICTON Core will appreciate offsetting losses from the drop in the long position's value.

Moving against PICTON Fund

  0.610P000072KJ RBC Canadian DividendPairCorr
  0.410P0000IUYO Edgepoint Global PorPairCorr
  0.390P0000WJMR IG Mackenzie DividendPairCorr
The ability to find closely correlated positions to PICTON Core could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PICTON Core when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PICTON Core - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PICTON Core Bond to buy it.
The correlation of PICTON Core is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PICTON Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PICTON Core Bond moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PICTON Core can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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