Cullen International Mutual Fund Forecast - Triple Exponential Smoothing

CIHCX Fund  USD 10.88  0.04  0.37%   
The Triple Exponential Smoothing forecasted value of Cullen International High on the next trading day is expected to be 10.88 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 3.88. Cullen Mutual Fund Forecast is based on your current time horizon.
  
Triple exponential smoothing for Cullen International - 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 Cullen International 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 Cullen International price movement. However, neither of these exponential smoothing models address any seasonality of Cullen International High.

Cullen International Triple Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Cullen International High on the next trading day is expected to be 10.88 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.88.
Please note that although there have been many attempts to predict Cullen 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 Cullen International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cullen International Mutual Fund Forecast Pattern

Backtest Cullen InternationalCullen International Price PredictionBuy or Sell Advice 

Cullen International Forecasted Value

In the context of forecasting Cullen International'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. Cullen International's downside and upside margins for the forecasting period are 10.24 and 11.52, respectively. We have considered Cullen International'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
10.88
10.88
Expected Value
11.52
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 Cullen International mutual fund data series using in forecasting. Note that when a statistical model is used to represent Cullen International 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 -0.0116
MADMean absolute deviation0.0657
MAPEMean absolute percentage error0.0059
SAESum of the absolute errors3.8784
As with simple exponential smoothing, in triple exponential smoothing models past Cullen International 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 Cullen International High observations.

Predictive Modules for Cullen International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cullen International High. 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 Cullen International's 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
10.2410.8811.52
Details
Intrinsic
Valuation
LowRealHigh
10.3210.9611.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.8310.8710.90
Details

Other Forecasting Options for Cullen International

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

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

Cullen International High 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 Cullen International'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 Cullen International's current price.

Cullen International Market Strength Events

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

Cullen International Risk Indicators

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

Cullen International financial ratios help investors to determine whether Cullen 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 Cullen with respect to the benefits of owning Cullen International security.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules