Cornerstone Aggressive Mutual Fund Forecast - 4 Period Moving Average

UCAGX Fund  USD 15.59  0.06  0.39%   
The 4 Period Moving Average forecasted value of Cornerstone Aggressive Fund on the next trading day is expected to be 15.54 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 5.60. Cornerstone Mutual Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Cornerstone Aggressive Fund 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.

Cornerstone Aggressive 4 Period Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Cornerstone Aggressive Fund on the next trading day is expected to be 15.54 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.60.
Please note that although there have been many attempts to predict Cornerstone 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 Cornerstone Aggressive's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cornerstone Aggressive Mutual Fund Forecast Pattern

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Cornerstone Aggressive Forecasted Value

In the context of forecasting Cornerstone Aggressive'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. Cornerstone Aggressive's downside and upside margins for the forecasting period are 14.97 and 16.12, respectively. We have considered Cornerstone Aggressive'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
15.59
15.54
Expected Value
16.12
Upside

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 Cornerstone Aggressive mutual fund data series using in forecasting. Note that when a statistical model is used to represent Cornerstone Aggressive 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 Criteria106.6069
BiasArithmetic mean of the errors -0.0154
MADMean absolute deviation0.0982
MAPEMean absolute percentage error0.0063
SAESum of the absolute errors5.5975
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 Cornerstone Aggressive. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Cornerstone Aggressive Fund and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Cornerstone Aggressive

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cornerstone Aggressive. 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
15.0115.5916.17
Details
Intrinsic
Valuation
LowRealHigh
14.9615.5416.12
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.5115.5715.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cornerstone Aggressive. Your research has to be compared to or analyzed against Cornerstone Aggressive's peers to derive any actionable benefits. When done correctly, Cornerstone Aggressive'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 Cornerstone Aggressive.

Other Forecasting Options for Cornerstone Aggressive

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

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

Cornerstone Aggressive Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cornerstone Aggressive's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Cornerstone Aggressive's current price.

Cornerstone Aggressive Market Strength Events

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

Cornerstone Aggressive Risk Indicators

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

Cornerstone Aggressive financial ratios help investors to determine whether Cornerstone 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 Cornerstone with respect to the benefits of owning Cornerstone Aggressive security.
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