Conquer Risk Mutual Fund Forecast - Naive Prediction

CRTBX Fund  USD 10.93  0.11  1.02%   
The Naive Prediction forecasted value of Conquer Risk Tactical on the next trading day is expected to be 10.78 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.60. Conquer Mutual Fund Forecast is based on your current time horizon.
  
A naive forecasting model for Conquer Risk is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Conquer Risk Tactical value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Conquer Risk Naive Prediction Price Forecast For the 26th of November

Given 90 days horizon, the Naive Prediction forecasted value of Conquer Risk Tactical on the next trading day is expected to be 10.78 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.60.
Please note that although there have been many attempts to predict Conquer 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 Conquer Risk's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Conquer Risk Mutual Fund Forecast Pattern

Backtest Conquer RiskConquer Risk Price PredictionBuy or Sell Advice 

Conquer Risk Forecasted Value

In the context of forecasting Conquer Risk'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. Conquer Risk's downside and upside margins for the forecasting period are 10.07 and 11.48, respectively. We have considered Conquer Risk'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
10.93
10.78
Expected Value
11.48
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Conquer Risk mutual fund data series using in forecasting. Note that when a statistical model is used to represent Conquer Risk 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 Criteria113.6775
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0919
MAPEMean absolute percentage error0.0088
SAESum of the absolute errors5.6046
This model is not at all useful as a medium-long range forecasting tool of Conquer Risk Tactical. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Conquer Risk. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Conquer Risk

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Conquer Risk Tactical. 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
10.1210.8211.52
Details
Intrinsic
Valuation
LowRealHigh
10.0010.7011.40
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.4710.6810.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Conquer Risk. Your research has to be compared to or analyzed against Conquer Risk's peers to derive any actionable benefits. When done correctly, Conquer Risk'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 Conquer Risk Tactical.

Other Forecasting Options for Conquer Risk

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

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

Conquer Risk Tactical 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 Conquer Risk'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 Conquer Risk's current price.

Conquer Risk Market Strength Events

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

Conquer Risk Risk Indicators

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

Conquer Risk financial ratios help investors to determine whether Conquer 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 Conquer with respect to the benefits of owning Conquer Risk security.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Transaction History
View history of all your transactions and understand their impact on performance
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk