Castello Branco Fund Forecast - Simple Regression
| CBOP11 Fund | BRL 24.44 0.64 2.69% |
The Simple Regression forecasted value of Castello Branco Off on the next trading day is expected to be 24.10 with a mean absolute deviation of 0.71 and the sum of the absolute errors of 43.49. Castello Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Castello Branco stock prices and determine the direction of Castello Branco Off's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Castello Branco's historical fundamentals, such as revenue growth or operating cash flow patterns.
Castello |
Castello Branco Simple Regression Price Forecast For the 2nd of December
Given 90 days horizon, the Simple Regression forecasted value of Castello Branco Off on the next trading day is expected to be 24.10 with a mean absolute deviation of 0.71, mean absolute percentage error of 0.66, and the sum of the absolute errors of 43.49.Please note that although there have been many attempts to predict Castello 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 Castello Branco's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Castello Branco Fund Forecast Pattern
| Backtest Castello Branco | Castello Branco Price Prediction | Buy or Sell Advice |
Castello Branco Forecasted Value
In the context of forecasting Castello Branco'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. Castello Branco's downside and upside margins for the forecasting period are 22.27 and 25.93, respectively. We have considered Castello Branco'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Castello Branco fund data series using in forecasting. Note that when a statistical model is used to represent Castello Branco 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.| AIC | Akaike Information Criteria | 117.696 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.713 |
| MAPE | Mean absolute percentage error | 0.0279 |
| SAE | Sum of the absolute errors | 43.4937 |
Predictive Modules for Castello Branco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Castello Branco Off. 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 Castello Branco
For every potential investor in Castello, whether a beginner or expert, Castello Branco's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Castello Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Castello. Basic forecasting techniques help filter out the noise by identifying Castello Branco's price trends.Castello Branco 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 Castello Branco fund to make a market-neutral strategy. Peer analysis of Castello Branco could also be used in its relative valuation, which is a method of valuing Castello Branco by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Castello Branco Off 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 Castello Branco'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 Castello Branco's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Castello Branco Market Strength Events
Market strength indicators help investors to evaluate how Castello Branco fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Castello Branco shares will generate the highest return on investment. By undertsting and applying Castello Branco fund market strength indicators, traders can identify Castello Branco Off entry and exit signals to maximize returns.
Castello Branco Risk Indicators
The analysis of Castello Branco'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 Castello Branco's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting castello 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.
| Mean Deviation | 1.01 | |||
| Standard Deviation | 1.74 | |||
| Variance | 3.03 |
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 Castello Fund
Castello Branco financial ratios help investors to determine whether Castello 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 Castello with respect to the benefits of owning Castello Branco security.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |