Carillon Scout Mutual Fund Forecast - 4 Period Moving Average

CSMFX Fund  USD 26.82  0.39  1.48%   
The 4 Period Moving Average forecasted value of Carillon Scout Mid on the next trading day is expected to be 26.60 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 14.67. Carillon Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Carillon Scout Mid is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Carillon Scout 4 Period Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Carillon Scout Mid on the next trading day is expected to be 26.60 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.12, and the sum of the absolute errors of 14.67.
Please note that although there have been many attempts to predict Carillon 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 Carillon Scout's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Carillon Scout Mutual Fund Forecast Pattern

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Carillon Scout Forecasted Value

In the context of forecasting Carillon Scout'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. Carillon Scout's downside and upside margins for the forecasting period are 25.78 and 27.42, respectively. We have considered Carillon Scout'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
26.82
26.60
Expected Value
27.42
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Carillon Scout mutual fund data series using in forecasting. Note that when a statistical model is used to represent Carillon Scout 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 Criteria108.676
BiasArithmetic mean of the errors -0.1218
MADMean absolute deviation0.2573
MAPEMean absolute percentage error0.0102
SAESum of the absolute errors14.6675
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Carillon Scout. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Carillon Scout Mid and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Carillon Scout

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carillon Scout Mid. 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
26.0026.8227.64
Details
Intrinsic
Valuation
LowRealHigh
24.1428.7129.53
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.3225.7627.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Carillon Scout. Your research has to be compared to or analyzed against Carillon Scout's peers to derive any actionable benefits. When done correctly, Carillon Scout'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 Carillon Scout Mid.

Other Forecasting Options for Carillon Scout

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

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

Carillon Scout Mid 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 Carillon Scout'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 Carillon Scout's current price.

Carillon Scout Market Strength Events

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

Carillon Scout Risk Indicators

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

Carillon Scout financial ratios help investors to determine whether Carillon 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 Carillon with respect to the benefits of owning Carillon Scout security.
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