CI Preferred Etf Forward View - Triple Exponential Smoothing

CI Preferred Additional Predictive Modules

Most predictive techniques to examine FPR price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for FPR using various technical indicators. When you analyze FPR 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. Triple exponential smoothing for CI Preferred - 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 CI Preferred 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 CI Preferred price movement. However, neither of these exponential smoothing models address any seasonality of CI Preferred Share.

CI Preferred Triple Exponential Smoothing Price Forecast For the 1st of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of CI Preferred Share on the next trading day is expected to be 25.57 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.39.

CI Preferred Etf Forecast Pattern

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CI Preferred Price Prediction

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CI Preferred 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 CI Preferred etf data series using in forecasting. Note that when a statistical model is used to represent CI Preferred etf, 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 CI Preferred 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 CI Preferred Share observations.

Predictive Modules for CI Preferred

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CI Preferred Share. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 25.07 25.56 26.05 Details

Intrinsic Valuation Low Real High 24.97 25.46 25.95 Details

Bollinger Band Projection (param) Low Middle High 25.30 25.55 25.80 Details

CI Preferred After-Hype Price Density Analysis

CI Preferred Estimiated After-Hype Price Volatility

CI Preferred Etf Price Outlook Analysis

Notes

CI Preferred Hype Timeline

CI Preferred Share is currently traded for 25.55on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. FPR is projected to increase in value after the next headline, with the price projected to jump to 25.56 or above. The average volatility of media hype impact on the company the price is about 158.06%. The price boost on the next news is estimated to be 0.04%, whereas the daily expected return is currently at 0.02%. The volatility of related hype on CI Preferred is about 281.61%, with the expected price after the next announcement by competition of 25.55. Assuming the 90 days trading horizon the next projected press release will be in about 5 days. Check out Historical Fundamental Analysis of CI Preferred to cross-verify your projections.

CI Preferred Related Hype Analysis

Other Forecasting Options for CI Preferred

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

CI Preferred Related Equities

Risk & Return

Correlation

CI Preferred Market Strength Events

CI Preferred Risk Indicators

Story Coverage note for CI Preferred

Other Macroaxis Stories

Other Information on Investing in FPR Etf