Columbia Tax Mutual Fund Forecast - 20 Period Moving Average

CTERX Fund  USD 11.99  0.00  0.00%   
The 20 Period Moving Average forecasted value of Columbia Tax Exempt Fund on the next trading day is expected to be 11.95 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 2.88. Columbia Mutual Fund Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Columbia Tax Exempt Fund is based on a synthetically constructed Columbia Taxdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Columbia Tax 20 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Columbia Tax Exempt Fund on the next trading day is expected to be 11.95 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.88.
Please note that although there have been many attempts to predict Columbia 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 Columbia Tax's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Columbia Tax Mutual Fund Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Columbia Tax mutual fund data series using in forecasting. Note that when a statistical model is used to represent Columbia Tax 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 Criteria76.4446
BiasArithmetic mean of the errors 0.0167
MADMean absolute deviation0.0704
MAPEMean absolute percentage error0.0059
SAESum of the absolute errors2.8845
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Columbia Tax Exempt 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Columbia Tax

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 Tax Exempt. 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
11.6611.9912.32
Details
Intrinsic
Valuation
LowRealHigh
11.5311.8612.19
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.8411.9912.13
Details

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

Columbia Tax Market Strength Events

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

Columbia Tax Risk Indicators

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

Columbia Tax financial ratios help investors to determine whether Columbia 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 Columbia with respect to the benefits of owning Columbia Tax security.
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