Columbia Limited Mutual Fund Forecast - Naive Prediction

CLDZX -  USA Fund  

USD 10.22  0.01  0.1%

Columbia Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Columbia Limited historical stock prices and determine the direction of Columbia Limited Duration's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Columbia Limited historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of Columbia Limited to cross-verify your projections.

Columbia Mutual Fund Forecast 

 
Refresh
Most investors in Columbia Limited cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Columbia Limited's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Columbia Limited's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Columbia Limited is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Columbia Limited Duration 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.

Columbia Limited Naive Prediction Price Forecast For the 9th of December

Given 90 days horizon, the Naive Prediction forecasted value of Columbia Limited Duration on the next trading day is expected to be 10.19 with a mean absolute deviation of 0.010355, mean absolute percentage error of 0.0001843, and the sum of the absolute errors of 0.63. 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 Limited's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Columbia Limited Mutual Fund Forecast Pattern

Backtest Columbia LimitedColumbia Limited Price PredictionBuy or Sell Advice 

Columbia Limited Forecasted Value

In the context of forecasting Columbia Limited'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. Columbia Limited's downside and upside margins for the forecasting period are 10.05 and 10.33, respectively. We have considered Columbia Limited'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
10.22
8th of December 2021
10.19
Expected Value
10.33
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 Columbia Limited mutual fund data series using in forecasting. Note that when a statistical model is used to represent Columbia Limited 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 Criteria109.5115
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0104
MAPEMean absolute percentage error0.001
SAESum of the absolute errors0.6317
This model is not at all useful as a medium-long range forecasting tool of Columbia Limited Duration. 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 Columbia Limited. 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 Columbia Limited

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 Limited Duration. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of Columbia Limited'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. Please use the tools below to analyze the current value of Columbia Limited in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.0810.2210.36
Details
Intrinsic
Valuation
LowReal ValueHigh
10.1110.2510.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2210.3110.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Limited. Your research has to be compared to or analyzed against Columbia Limited's peers to derive any actionable benefits. When done correctly, Columbia Limited's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Columbia Limited Duration.

Other Forecasting Options for Columbia Limited

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

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

Columbia Limited Duration Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Columbia Limited'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 Columbia Limited's current price.

Columbia Limited Risk Indicators

The analysis of Columbia Limited's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Columbia Limited's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Columbia Limited stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Columbia Limited Investors Sentiment

The influence of Columbia Limited's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Columbia. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Columbia Limited in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Columbia Limited's short interest history, or implied volatility extrapolated from Columbia Limited options trading.

Current Sentiment - CLDZX

Columbia Limited Duration Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Columbia Limited Duration. What is your opinion about investing in Columbia Limited Duration? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Pair Trading with Columbia Limited

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Limited position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Limited will appreciate offsetting losses from the drop in the long position's value.

Columbia Limited Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Columbia Limited and Vanguard Short Term. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Historical Fundamental Analysis of Columbia Limited to cross-verify your projections. Note that the Columbia Limited Duration information on this page should be used as a complementary analysis to other Columbia Limited's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Columbia Mutual Fund analysis

When running Columbia Limited Duration price analysis, check to measure Columbia Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Columbia Limited is operating at the current time. Most of Columbia Limited's value examination focuses on studying past and present price action to predict the probability of Columbia Limited's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Columbia Limited's price. Additionally, you may evaluate how the addition of Columbia Limited to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Please note, there is a significant difference between Columbia Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine Columbia Limited value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.