Columbia Mid Mutual Fund Forecast - Simple Exponential Smoothing

CMUAX Fund  USD 15.27  0.06  0.39%   
The Simple Exponential Smoothing forecasted value of Columbia Mid Cap on the next trading day is expected to be 15.27 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.77. Columbia Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Columbia Mid's share price is below 20 suggesting that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Columbia Mid's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Columbia Mid Cap, which may create opportunities for some arbitrage if properly timed.
Using Columbia Mid hype-based prediction, you can estimate the value of Columbia Mid Cap from the perspective of Columbia Mid response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Columbia Mid Cap on the next trading day is expected to be 15.27 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.77.

Columbia Mid after-hype prediction price

    
  USD 15.27  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Columbia Mid to cross-verify your projections.

Columbia Mid Additional Predictive Modules

Most predictive techniques to examine Columbia price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Columbia using various technical indicators. When you analyze Columbia charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Columbia Mid 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 Columbia Mid Cap are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Columbia Mid Cap prices get older.

Columbia Mid Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Columbia Mid Cap on the next trading day is expected to be 15.27 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.77.
Please note that although there have been many attempts to predict Columbia 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 Columbia Mid's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Columbia Mid Mutual Fund Forecast Pattern

Backtest Columbia MidColumbia Mid Price PredictionBuy or Sell Advice 

Columbia Mid Forecasted Value

In the context of forecasting Columbia Mid'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. Columbia Mid's downside and upside margins for the forecasting period are 14.37 and 16.17, respectively. We have considered Columbia Mid'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
15.27
15.27
Expected Value
16.17
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 Columbia Mid mutual fund data series using in forecasting. Note that when a statistical model is used to represent Columbia Mid 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 Criteria114.0071
BiasArithmetic mean of the errors -0.0261
MADMean absolute deviation0.0946
MAPEMean absolute percentage error0.0066
SAESum of the absolute errors5.77
This simple exponential smoothing model begins by setting Columbia Mid Cap forecast for the second period equal to the observation of the first period. In other words, recent Columbia Mid observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Columbia Mid

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Columbia Mid Cap. 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
14.3715.2716.17
Details
Intrinsic
Valuation
LowRealHigh
13.7416.2817.18
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.4014.9515.51
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Mid. Your research has to be compared to or analyzed against Columbia Mid's peers to derive any actionable benefits. When done correctly, Columbia Mid'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 Columbia Mid Cap.

Columbia Mid After-Hype Price Prediction Density Analysis

As far as predicting the price of Columbia Mid at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Columbia Mid or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Columbia Mid, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Columbia Mid Estimiated After-Hype Price Volatility

In the context of predicting Columbia Mid's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Columbia Mid's historical news coverage. Columbia Mid's after-hype downside and upside margins for the prediction period are 14.37 and 16.17, respectively. We have considered Columbia Mid's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
15.27
15.27
After-hype Price
16.17
Upside
Columbia Mid is very steady at this time. Analysis and calculation of next after-hype price of Columbia Mid Cap is based on 3 months time horizon.

Columbia Mid Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Columbia Mid is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Columbia Mid backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Columbia Mid, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.18 
0.90
 0.00  
  0.15 
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
15.27
15.27
0.00 
0.00  
Notes

Columbia Mid Hype Timeline

Columbia Mid Cap is currently traded for 15.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.15. Columbia is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.18%. %. The volatility of related hype on Columbia Mid is about 107.33%, with the expected price after the next announcement by competition of 15.42. The company has price-to-book (P/B) ratio of 1.82. Some equities with similar Price to Book (P/B) outperform the market in the long run. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Columbia Mid to cross-verify your projections.

Columbia Mid Related Hype Analysis

Having access to credible news sources related to Columbia Mid's direct competition is more important than ever and may enhance your ability to predict Columbia Mid's future price movements. Getting to know how Columbia Mid's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Columbia Mid may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Columbia Mid

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

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

Columbia Mid Market Strength Events

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

Columbia Mid Risk Indicators

The analysis of Columbia Mid'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 Columbia Mid's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting columbia 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.

Story Coverage note for Columbia Mid

The number of cover stories for Columbia Mid depends on current market conditions and Columbia Mid's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Columbia Mid is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Columbia Mid's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Columbia Mutual Fund

Columbia Mid financial ratios help investors to determine whether Columbia 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 Columbia with respect to the benefits of owning Columbia Mid security.
Bollinger Bands
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Piotroski F Score
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