Carillon Scout Mutual Fund Forecast - Triple Exponential Smoothing

Triple exponential smoothing for Carillon Scout - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Carillon Scout prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Carillon Scout price movement. However, neither of these exponential smoothing models address any seasonality of Carillon Scout Mid.

Carillon Scout Triple Exponential Smoothing Price Forecast For the 23rd of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Carillon Scout Mid on the next trading day is expected to be 26.92 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 9.91.

Carillon Scout Mutual Fund Forecast Pattern

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Carillon Scout Price Prediction

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Carillon Scout Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing 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. As with simple exponential smoothing, in triple exponential smoothing models past Carillon Scout observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Carillon Scout Mid observations.

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 Low Estimated High 26.00 26.82 27.64 Details

Intrinsic Valuation Low Real High 24.14 28.71 29.53 Details

Bollinger Band Projection (param) Low Middle High 24.32 25.76 27.19 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

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

Carillon Scout Risk Indicators

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