Calvert Equity Mutual Fund Forecast - 4 Period Moving Average

CEYRX Fund  USD 102.69  0.11  0.11%   
The 4 Period Moving Average forecasted value of Calvert Equity Fund on the next trading day is expected to be 102.44 with a mean absolute deviation of 0.76 and the sum of the absolute errors of 44.00. Calvert Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Calvert Equity Fund is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Calvert Equity 4 Period Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Calvert Equity Fund on the next trading day is expected to be 102.44 with a mean absolute deviation of 0.76, mean absolute percentage error of 0.78, and the sum of the absolute errors of 44.00.
Please note that although there have been many attempts to predict Calvert Mutual 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 Calvert Equity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Calvert Equity Mutual Fund Forecast Pattern

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Calvert Equity Forecasted Value

In the context of forecasting Calvert Equity's Mutual 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. Calvert Equity's downside and upside margins for the forecasting period are 101.82 and 103.05, respectively. We have considered Calvert Equity'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
102.69
101.82
Downside
102.44
Expected Value
103.05
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Calvert Equity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Calvert Equity 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.
AICAkaike Information Criteria112.3507
BiasArithmetic mean of the errors -0.1283
MADMean absolute deviation0.7586
MAPEMean absolute percentage error0.0075
SAESum of the absolute errors44.0
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Calvert Equity. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Calvert Equity Fund and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Calvert Equity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Calvert Equity. 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
LowEstimatedHigh
102.08102.69103.30
Details
Intrinsic
Valuation
LowRealHigh
101.64102.25102.86
Details

Other Forecasting Options for Calvert Equity

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

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

Calvert Equity Technical and Predictive Analytics

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

Calvert Equity Market Strength Events

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

Calvert Equity Risk Indicators

The analysis of Calvert Equity'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 Calvert Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting calvert mutual 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.

Other Information on Investing in Calvert Mutual Fund

Calvert Equity financial ratios help investors to determine whether Calvert Mutual 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 Calvert with respect to the benefits of owning Calvert Equity security.
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