Cambria Fixed Etf Forecast - Simple Exponential Smoothing
| CFIT Etf | 25.24 0.04 0.16% |
The Simple Exponential Smoothing forecasted value of Cambria Fixed Income on the next trading day is expected to be 25.24 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.00. Cambria Etf Forecast is based on your current time horizon.
Cambria Fixed Simple Exponential Smoothing Price Forecast For the 28th of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Cambria Fixed Income on the next trading day is expected to be 25.24 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.00.Please note that although there have been many attempts to predict Cambria Etf 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 Cambria Fixed's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cambria Fixed Etf Forecast Pattern
Cambria Fixed Forecasted Value
In the context of forecasting Cambria Fixed's Etf 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. Cambria Fixed's downside and upside margins for the forecasting period are 24.89 and 25.59, respectively. We have considered Cambria Fixed'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Cambria Fixed etf data series using in forecasting. Note that when a statistical model is used to represent Cambria Fixed etf, 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 | 113.2235 |
| Bias | Arithmetic mean of the errors | -0.0016 |
| MAD | Mean absolute deviation | 0.0656 |
| MAPE | Mean absolute percentage error | 0.0026 |
| SAE | Sum of the absolute errors | 4.0 |
Predictive Modules for Cambria Fixed
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cambria Fixed Income. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 Cambria Fixed
For every potential investor in Cambria, whether a beginner or expert, Cambria Fixed's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cambria Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cambria. Basic forecasting techniques help filter out the noise by identifying Cambria Fixed's price trends.Cambria Fixed 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 Cambria Fixed etf to make a market-neutral strategy. Peer analysis of Cambria Fixed could also be used in its relative valuation, which is a method of valuing Cambria Fixed by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cambria Fixed Income Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cambria Fixed'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 Cambria Fixed's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cambria Fixed Market Strength Events
Market strength indicators help investors to evaluate how Cambria Fixed etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cambria Fixed shares will generate the highest return on investment. By undertsting and applying Cambria Fixed etf market strength indicators, traders can identify Cambria Fixed Income entry and exit signals to maximize returns.
| Accumulation Distribution | 1.49 | |||
| Daily Balance Of Power | (1.33) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 25.25 | |||
| Day Typical Price | 25.24 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.04) |
Cambria Fixed Risk Indicators
The analysis of Cambria Fixed'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 Cambria Fixed's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cambria etf 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 | 0.263 | |||
| Semi Deviation | 0.3188 | |||
| Standard Deviation | 0.3466 | |||
| Variance | 0.1201 | |||
| Downside Variance | 0.1221 | |||
| Semi Variance | 0.1017 | |||
| Expected Short fall | (0.28) |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out fundamental analysis of Cambria Fixed to check your projections. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Cambria Fixed Income is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Fixed's value that differs from its market value or its book value, called intrinsic value, which is Cambria Fixed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cambria Fixed's market value can be influenced by many factors that don't directly affect Cambria Fixed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cambria Fixed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Fixed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Fixed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.