Catholic Values Mutual Fund Forecast - Triple Exponential Smoothing

CFVYX Fund  USD 8.58  0.01  0.12%   
The Triple Exponential Smoothing forecasted value of Catholic Values Fixed on the next trading day is expected to be 8.58 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.22. Catholic Mutual Fund Forecast is based on your current time horizon.
  
Triple exponential smoothing for Catholic Values - 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 Catholic Values 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 Catholic Values price movement. However, neither of these exponential smoothing models address any seasonality of Catholic Values Fixed.

Catholic Values Triple Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Catholic Values Fixed on the next trading day is expected to be 8.58 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 1.22.
Please note that although there have been many attempts to predict Catholic 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 Catholic Values' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Catholic Values Mutual Fund Forecast Pattern

Backtest Catholic ValuesCatholic Values Price PredictionBuy or Sell Advice 

Catholic Values Forecasted Value

In the context of forecasting Catholic Values' 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. Catholic Values' downside and upside margins for the forecasting period are 8.30 and 8.86, respectively. We have considered Catholic Values' 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
8.58
8.58
Expected Value
8.86
Upside

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 Catholic Values mutual fund data series using in forecasting. Note that when a statistical model is used to represent Catholic Values 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0038
MADMean absolute deviation0.0208
MAPEMean absolute percentage error0.0024
SAESum of the absolute errors1.2245
As with simple exponential smoothing, in triple exponential smoothing models past Catholic Values 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 Catholic Values Fixed observations.

Predictive Modules for Catholic Values

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Catholic Values Fixed. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Catholic Values' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.308.588.86
Details
Intrinsic
Valuation
LowRealHigh
8.008.289.44
Details

Other Forecasting Options for Catholic Values

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

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

Catholic Values Fixed 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 Catholic Values' 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 Catholic Values' current price.

Catholic Values Market Strength Events

Market strength indicators help investors to evaluate how Catholic Values 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 Catholic Values shares will generate the highest return on investment. By undertsting and applying Catholic Values mutual fund market strength indicators, traders can identify Catholic Values Fixed entry and exit signals to maximize returns.

Catholic Values Risk Indicators

The analysis of Catholic Values' 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 Catholic Values' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting catholic 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 Catholic Mutual Fund

Catholic Values financial ratios help investors to determine whether Catholic 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 Catholic with respect to the benefits of owning Catholic Values security.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bonds Directory
Find actively traded corporate debentures issued by US companies
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon