Chimera Investment Preferred Stock Forecast - 8 Period Moving Average

CIM-PC Preferred Stock  USD 23.97  0.13  0.54%   
The 8 Period Moving Average forecasted value of Chimera Investment on the next trading day is expected to be 24.12 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 13.41. Chimera Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Chimera Investment stock prices and determine the direction of Chimera Investment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Chimera Investment's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Chimera Investment is based on an artificially constructed time series of Chimera Investment daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Chimera Investment 8 Period Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Chimera Investment on the next trading day is expected to be 24.12 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.1, and the sum of the absolute errors of 13.41.
Please note that although there have been many attempts to predict Chimera Preferred Stock 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 Chimera Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Chimera Investment Preferred Stock Forecast Pattern

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Chimera Investment Forecasted Value

In the context of forecasting Chimera Investment's Preferred Stock 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. Chimera Investment's downside and upside margins for the forecasting period are 23.43 and 24.80, respectively. We have considered Chimera Investment'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
23.97
24.12
Expected Value
24.80
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Chimera Investment preferred stock data series using in forecasting. Note that when a statistical model is used to represent Chimera Investment preferred stock, 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 Criteria101.0733
BiasArithmetic mean of the errors -0.144
MADMean absolute deviation0.2531
MAPEMean absolute percentage error0.0108
SAESum of the absolute errors13.4137
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Chimera Investment 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Chimera Investment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chimera Investment. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock 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
23.2923.9724.65
Details
Intrinsic
Valuation
LowRealHigh
22.9123.5924.27
Details

Other Forecasting Options for Chimera Investment

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

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

Chimera Investment Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Chimera Investment'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 Chimera Investment's current price.

Chimera Investment Market Strength Events

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

Chimera Investment Risk Indicators

The analysis of Chimera Investment'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 Chimera Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chimera preferred stock 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 Chimera Preferred Stock

Chimera Investment financial ratios help investors to determine whether Chimera Preferred Stock 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 Chimera with respect to the benefits of owning Chimera Investment security.