Calamos Evolving Mutual Fund Forecast - Polynomial Regression

CNWIX Fund  USD 19.74  0.02  0.10%   
The Polynomial Regression forecasted value of Calamos Evolving World on the next trading day is expected to be 19.36 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.80. Calamos Mutual Fund Forecast is based on your current time horizon.
  
Calamos Evolving polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Calamos Evolving World as well as the accuracy indicators are determined from the period prices.

Calamos Evolving Polynomial Regression Price Forecast For the 25th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Calamos Evolving World on the next trading day is expected to be 19.36 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.11, and the sum of the absolute errors of 16.80.
Please note that although there have been many attempts to predict Calamos 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 Calamos Evolving's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Calamos Evolving Mutual Fund Forecast Pattern

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Calamos Evolving Forecasted Value

In the context of forecasting Calamos Evolving'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. Calamos Evolving's downside and upside margins for the forecasting period are 18.31 and 20.40, respectively. We have considered Calamos Evolving'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
19.74
19.36
Expected Value
20.40
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Calamos Evolving mutual fund data series using in forecasting. Note that when a statistical model is used to represent Calamos Evolving 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 Criteria115.8729
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2754
MAPEMean absolute percentage error0.0139
SAESum of the absolute errors16.7983
A single variable polynomial regression model attempts to put a curve through the Calamos Evolving historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Calamos Evolving

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Calamos Evolving World. 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
18.6919.7420.79
Details
Intrinsic
Valuation
LowRealHigh
16.8117.8621.71
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.7119.7319.75
Details

Other Forecasting Options for Calamos Evolving

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

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

Calamos Evolving World 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 Calamos Evolving'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 Calamos Evolving's current price.

Calamos Evolving Market Strength Events

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

Calamos Evolving Risk Indicators

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

Calamos Evolving financial ratios help investors to determine whether Calamos 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 Calamos with respect to the benefits of owning Calamos Evolving security.
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