Columbia Select Mutual Fund Forecast - Naive Prediction

Columbia Select 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. A naive forecasting model for Columbia Select is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Columbia Select Large Cap 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.

Columbia Select Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Columbia Select Large Cap on the next trading day is expected to be 44.33 with a mean absolute deviation of 0.43, mean absolute percentage error of 0.33, and the sum of the absolute errors of 26.85.

Columbia Select Mutual Fund Forecast Pattern

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Columbia Select Forecasted Value

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 Columbia Select mutual fund data series using in forecasting. Note that when a statistical model is used to represent Columbia Select 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. This model is not at all useful as a medium-long range forecasting tool of Columbia Select Large Cap. 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 Columbia Select. 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 Columbia Select

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 Select Large. 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 42.43 43.60 44.77 Details

Intrinsic Valuation Low Real High 39.24 46.41 47.58 Details

Bollinger Band Projection (param) Low Middle High 41.19 42.73 44.27 Details

Columbia Select After-Hype Price Prediction Density Analysis

Columbia Select Estimiated After-Hype Price Volatility

Columbia Select Mutual Fund Price Prediction Analysis

Columbia Select Hype Timeline

Columbia Select Large is currently traded for 43.60. The entity has historical hype elasticity of -7.31, and average elasticity to hype of competition of -1.86. Columbia is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 4.68%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.29%. %. The volatility of related hype on Columbia Select is about 18.44%, with the expected price after the next announcement by competition of 41.74. The company has price-to-book (P/B) ratio of 1.83. Some equities with similar Price to Book (P/B) outperform the market in the long run. Columbia Select Large last dividend was issued on the 10th of December 1970. Assuming the 90 days horizon the next anticipated press release will be in a few days. Check out Historical Fundamental Analysis of Columbia Select to cross-verify your projections.

Columbia Select Related Hype Analysis

Other Forecasting Options for Columbia Select

For every potential investor in Columbia, whether a beginner or expert, Columbia Select'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 Select's price trends.

Columbia Select Related Equities

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Other Information on Investing in Columbia Mutual Fund