Carillon Chartwell Mutual Fund Forecast - Naive Prediction

CWSWX Fund   13.53  0.44  3.36%   
The Naive Prediction forecasted value of Carillon Chartwell Small on the next trading day is expected to be 12.80 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.95. Carillon Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Carillon Chartwell's share price is above 70 at this time suggesting that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Carillon, making its price go up or down.

Momentum 79

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Carillon Chartwell's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Carillon Chartwell Small, which may create opportunities for some arbitrage if properly timed.
Using Carillon Chartwell hype-based prediction, you can estimate the value of Carillon Chartwell Small from the perspective of Carillon Chartwell response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Carillon Chartwell Small on the next trading day is expected to be 12.80 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.95.

Carillon Chartwell after-hype prediction price

    
  USD 13.53  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Carillon Chartwell to cross-verify your projections.

Carillon Chartwell Additional Predictive Modules

Most predictive techniques to examine Carillon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Carillon using various technical indicators. When you analyze Carillon 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 Carillon Chartwell is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Carillon Chartwell Small 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.

Carillon Chartwell Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Carillon Chartwell Small on the next trading day is expected to be 12.80 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.15, and the sum of the absolute errors of 15.95.
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 Chartwell's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Carillon Chartwell Mutual Fund Forecast Pattern

Backtest Carillon ChartwellCarillon Chartwell Price PredictionBuy or Sell Advice 

Carillon Chartwell Forecasted Value

In the context of forecasting Carillon Chartwell'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 Chartwell's downside and upside margins for the forecasting period are 9.22 and 16.39, respectively. We have considered Carillon Chartwell'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
13.53
12.80
Expected Value
16.39
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 Carillon Chartwell mutual fund data series using in forecasting. Note that when a statistical model is used to represent Carillon Chartwell 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 Criteria116.1949
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2614
MAPEMean absolute percentage error0.0244
SAESum of the absolute errors15.9451
This model is not at all useful as a medium-long range forecasting tool of Carillon Chartwell Small. 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 Carillon Chartwell. 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 Carillon Chartwell

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 Chartwell Small. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carillon Chartwell's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.9713.5317.09
Details
Intrinsic
Valuation
LowRealHigh
9.3912.9516.51
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.4012.1214.85
Details

Carillon Chartwell After-Hype Price Prediction Density Analysis

As far as predicting the price of Carillon Chartwell at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Carillon Chartwell or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Carillon Chartwell, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Carillon Chartwell Estimiated After-Hype Price Volatility

In the context of predicting Carillon Chartwell's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Carillon Chartwell's historical news coverage. Carillon Chartwell's after-hype downside and upside margins for the prediction period are 9.97 and 17.09, respectively. We have considered Carillon Chartwell's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
13.53
13.53
After-hype Price
17.09
Upside
Carillon Chartwell is somewhat reliable at this time. Analysis and calculation of next after-hype price of Carillon Chartwell Small is based on 3 months time horizon.

Carillon Chartwell Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Carillon Chartwell is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Carillon Chartwell backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Carillon Chartwell, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.64 
3.58
 0.00  
  5.00 
0 Events / Month
1 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
13.53
13.53
0.00 
0.00  
Notes

Carillon Chartwell Hype Timeline

Carillon Chartwell Small is currently traded for 13.53. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -5.0. Carillon 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 insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.64%. %. The volatility of related hype on Carillon Chartwell is about 45.84%, with the expected price after the next announcement by competition of 8.53. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next anticipated press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Carillon Chartwell to cross-verify your projections.

Carillon Chartwell Related Hype Analysis

Having access to credible news sources related to Carillon Chartwell's direct competition is more important than ever and may enhance your ability to predict Carillon Chartwell's future price movements. Getting to know how Carillon Chartwell's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Carillon Chartwell may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Carillon Chartwell

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

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

Carillon Chartwell Market Strength Events

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

Carillon Chartwell Risk Indicators

The analysis of Carillon Chartwell'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 Chartwell'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.

Story Coverage note for Carillon Chartwell

The number of cover stories for Carillon Chartwell depends on current market conditions and Carillon Chartwell's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Carillon Chartwell is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Carillon Chartwell's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Other Information on Investing in Carillon Mutual Fund

Carillon Chartwell 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 Chartwell security.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Fundamental Analysis
View fundamental data based on most recent published financial statements