Cemjx Mutual Fund Forward View - Triple Exponential Smoothing

Cemjx Additional Predictive Modules

Most predictive techniques to examine Cemjx price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cemjx using various technical indicators. When you analyze Cemjx 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. Triple exponential smoothing for Cemjx - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Cemjx prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Cemjx price movement. However, neither of these exponential smoothing models address any seasonality of Cemjx.

Cemjx Triple Exponential Smoothing Price Forecast For the 4th of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Cemjx on the next trading day is expected to be 11.54 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.94.

Cemjx Mutual Fund Forecast Pattern

Cemjx Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Cemjx mutual fund data series using in forecasting. Note that when a statistical model is used to represent Cemjx 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. As with simple exponential smoothing, in triple exponential smoothing models past Cemjx observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Cemjx observations.

Predictive Modules for Cemjx

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cemjx. 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 10.84 11.55 12.26 Details

Intrinsic Valuation Low Real High 11.15 11.86 12.57 Details

Bollinger Band Projection (param) Low Middle High 10.91 11.39 11.86 Details

Cemjx Estimiated After-Hype Price Volatility

Cemjx Mutual Fund Price Outlook Analysis

Notes

Cemjx Hype Timeline

Cemjx is currently traded for 11.55. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.04. Cemjx is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.09%. %. The volatility of related hype on Cemjx is about 142.41%, with the expected price after the next announcement by competition of 11.51. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days. Check out fundamental analysis of Cemjx to check your projections.

Cemjx Related Hype Analysis

Other Forecasting Options for Cemjx

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

Cemjx Related Equities

Risk & Return

Correlation

Cemjx Market Strength Events

Cemjx Risk Indicators

Story Coverage note for Cemjx

Other Macroaxis Stories

Other Information on Investing in Cemjx Mutual Fund