Ridgeworth Ceredex Mutual Fund Forecast - 4 Period Moving Average

A four-period moving average forecast model for Ridgeworth Ceredex Mid Cap is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Ridgeworth Ceredex 4 Period Moving Average Price Forecast For the 8th of February

Given 90 days horizon, the 4 Period Moving Average forecasted value of Ridgeworth Ceredex Mid Cap on the next trading day is expected to be 11.64 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.05, and the sum of the absolute errors of 8.23.

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Ridgeworth Ceredex mutual fund data series using in forecasting. Note that when a statistical model is used to represent Ridgeworth Ceredex 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. The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Ridgeworth Ceredex. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Ridgeworth Ceredex Mid Cap and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Ridgeworth Ceredex

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ridgeworth Ceredex 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 10.44 11.71 12.98 Details

Intrinsic Valuation Low Real High 10.56 11.83 13.10 Details

Bollinger Band Projection (param) Low Middle High 11.73 12.43 13.13 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ridgeworth Ceredex. Your research has to be compared to or analyzed against Ridgeworth Ceredex's peers to derive any actionable benefits. When done correctly, Ridgeworth Ceredex'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 Ridgeworth Ceredex Mid.

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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.

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