The Chesapeake Mutual Fund Forecast - Simple Regression

CHCGX Fund  USD 53.28  0.27  0.50%   
The Simple Regression forecasted value of The Chesapeake Growth on the next trading day is expected to be 54.01 with a mean absolute deviation of 0.51 and the sum of the absolute errors of 31.27. The Mutual Fund Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through The Chesapeake price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

The Chesapeake Simple Regression Price Forecast For the 25th of November

Given 90 days horizon, the Simple Regression forecasted value of The Chesapeake Growth on the next trading day is expected to be 54.01 with a mean absolute deviation of 0.51, mean absolute percentage error of 0.38, and the sum of the absolute errors of 31.27.
Please note that although there have been many attempts to predict The 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 The Chesapeake's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

The Chesapeake Mutual Fund Forecast Pattern

Backtest The ChesapeakeThe Chesapeake Price PredictionBuy or Sell Advice 

The Chesapeake Forecasted Value

In the context of forecasting The Chesapeake'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. The Chesapeake's downside and upside margins for the forecasting period are 53.18 and 54.83, respectively. We have considered The Chesapeake'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
53.28
54.01
Expected Value
54.83
Upside

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 The Chesapeake mutual fund data series using in forecasting. Note that when a statistical model is used to represent The Chesapeake 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 Criteria117.1399
BiasArithmetic mean of the errors None
MADMean absolute deviation0.5126
MAPEMean absolute percentage error0.0098
SAESum of the absolute errors31.2665
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as The Chesapeake Growth historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for The Chesapeake

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chesapeake Growth. 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
52.4653.2854.10
Details
Intrinsic
Valuation
LowRealHigh
47.8748.6958.61
Details
Bollinger
Band Projection (param)
LowMiddleHigh
53.1253.3753.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as The Chesapeake. Your research has to be compared to or analyzed against The Chesapeake's peers to derive any actionable benefits. When done correctly, The Chesapeake's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Chesapeake Growth.

Other Forecasting Options for The Chesapeake

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

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

Chesapeake Growth 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 The Chesapeake'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 The Chesapeake's current price.

The Chesapeake Market Strength Events

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

The Chesapeake Risk Indicators

The analysis of The Chesapeake'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 The Chesapeake's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting the 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 The Mutual Fund

The Chesapeake financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Chesapeake security.
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