Clarkston Partners Mutual Fund Forecast - Simple Exponential Smoothing

CISMX Fund  USD 15.28  0.20  1.33%   
The Simple Exponential Smoothing forecasted value of Clarkston Partners Fund on the next trading day is expected to be 15.28 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.82. Clarkston Mutual Fund Forecast is based on your current time horizon.
  
Clarkston Partners simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Clarkston Partners Fund are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Clarkston Partners prices get older.

Clarkston Partners Simple Exponential Smoothing Price Forecast For the 25th of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Clarkston Partners Fund on the next trading day is expected to be 15.28 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.82.
Please note that although there have been many attempts to predict Clarkston 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 Clarkston Partners' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Clarkston Partners Mutual Fund Forecast Pattern

Backtest Clarkston PartnersClarkston Partners Price PredictionBuy or Sell Advice 

Clarkston Partners Forecasted Value

In the context of forecasting Clarkston Partners' 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. Clarkston Partners' downside and upside margins for the forecasting period are 14.64 and 15.92, respectively. We have considered Clarkston Partners' 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
15.28
15.28
Expected Value
15.92
Upside

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 Clarkston Partners mutual fund data series using in forecasting. Note that when a statistical model is used to represent Clarkston Partners 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 Criteria111.5945
BiasArithmetic mean of the errors -0.0173
MADMean absolute deviation0.0803
MAPEMean absolute percentage error0.0055
SAESum of the absolute errors4.82
This simple exponential smoothing model begins by setting Clarkston Partners Fund forecast for the second period equal to the observation of the first period. In other words, recent Clarkston Partners observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Clarkston Partners

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Clarkston Partners. 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
14.6415.2815.92
Details
Intrinsic
Valuation
LowRealHigh
15.0515.6916.33
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.0215.2115.40
Details

Other Forecasting Options for Clarkston Partners

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

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

Clarkston Partners 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 Clarkston Partners' 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 Clarkston Partners' current price.

Clarkston Partners Market Strength Events

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

Clarkston Partners Risk Indicators

The analysis of Clarkston Partners' 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 Clarkston Partners' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting clarkston 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 Clarkston Mutual Fund

Clarkston Partners financial ratios help investors to determine whether Clarkston 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 Clarkston with respect to the benefits of owning Clarkston Partners security.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges