Cls Flexible Mutual Fund Forecast - Naive Prediction

CLFLX -  USA Fund  

USD 10.38  0.01  0.1%

CLFLX Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cls Flexible historical stock prices and determine the direction of Cls Flexible Income'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 Cls Flexible historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of Cls Flexible to cross-verify your projections.

CLFLX Mutual Fund Forecast 

 
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Most investors in Cls Flexible 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 Cls Flexible's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cls Flexible's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Cls Flexible is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Cls Flexible Income 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.

Cls Flexible Naive Prediction Price Forecast For the 5th of December

Given 90 days horizon, the Naive Prediction forecasted value of Cls Flexible Income on the next trading day is expected to be 10.35 with a mean absolute deviation of 0.012667, mean absolute percentage error of 0.00024345, and the sum of the absolute errors of 0.77. Please note that although there have been many attempts to predict CLFLX 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 Cls Flexible's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cls Flexible Mutual Fund Forecast Pattern

Backtest Cls FlexibleCls Flexible Price PredictionBuy or Sell Advice 

Cls Flexible Forecasted Value

In the context of forecasting Cls Flexible'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. Cls Flexible's downside and upside margins for the forecasting period are 10.20 and 10.50, respectively. We have considered Cls Flexible'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
10.38
4th of December 2021
10.35
Expected Value
10.50
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 Cls Flexible mutual fund data series using in forecasting. Note that when a statistical model is used to represent Cls Flexible 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 Criteria109.7899
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0127
MAPEMean absolute percentage error0.0012
SAESum of the absolute errors0.7727
This model is not at all useful as a medium-long range forecasting tool of Cls Flexible Income. 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 Cls Flexible. 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 Cls Flexible

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cls Flexible Income. 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 Cls Flexible'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 Cls Flexible in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.2310.3810.53
Details
Intrinsic
Valuation
LowReal ValueHigh
10.2710.4210.57
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.3810.4710.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cls Flexible. Your research has to be compared to or analyzed against Cls Flexible's peers to derive any actionable benefits. When done correctly, Cls Flexible'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 Cls Flexible Income.

Other Forecasting Options for Cls Flexible

For every potential investor in CLFLX, whether a beginner or expert, Cls Flexible's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CLFLX Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CLFLX. Basic forecasting techniques help filter out the noise by identifying Cls Flexible'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 Cls Flexible mutual fund to make a market-neutral strategy. Peer analysis of Cls Flexible could also be used in its relative valuation, which is a method of valuing Cls Flexible by comparing valuation metrics with similar companies.

Cls Flexible Income 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 Cls Flexible'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 Cls Flexible's current price.

Cls Flexible Risk Indicators

The analysis of Cls Flexible'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 Cls Flexible's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Cls Flexible 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.

Cls Flexible Investors Sentiment

The influence of Cls Flexible'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 CLFLX. 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 Cls Flexible 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, Cls Flexible's short interest history, or implied volatility extrapolated from Cls Flexible options trading.

Current Sentiment - CLFLX

Cls Flexible Income Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Cls Flexible Income. What is your opinion about investing in Cls Flexible Income? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Pair Trading with Cls Flexible

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 Cls Flexible 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 Cls Flexible will appreciate offsetting losses from the drop in the long position's value.

Cls Flexible Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Cls Flexible and Pimco Total Return. 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 Cls Flexible to cross-verify your projections. Note that the Cls Flexible Income information on this page should be used as a complementary analysis to other Cls Flexible'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Cls Flexible Income price analysis, check to measure Cls Flexible'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 Cls Flexible is operating at the current time. Most of Cls Flexible's value examination focuses on studying past and present price action to predict the probability of Cls Flexible's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cls Flexible's price. Additionally, you may evaluate how the addition of Cls Flexible to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Cls Flexible's value and its price as these two are different measures arrived at by different means. Investors typically determine Cls Flexible value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cls Flexible'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.