Capital Income Mutual Fund Forecast - Naive Prediction

A naive forecasting model for Capital Income is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Capital Income Builder 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.

Capital Income Naive Prediction Price Forecast For the 12th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Capital Income Builder on the next trading day is expected to be 72.67 with a mean absolute deviation of 0.27, mean absolute percentage error of 0.12, and the sum of the absolute errors of 16.67.

Capital Income Mutual Fund Forecast Pattern

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Capital Income Price Prediction

Buy or Sell Advice

Capital Income Forecasted Value

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 Capital Income mutual fund data series using in forecasting. Note that when a statistical model is used to represent Capital Income 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. This model is not at all useful as a medium-long range forecasting tool of Capital Income Builder. 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 Capital Income. 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 Capital Income

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capital Income Builder. 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 72.21 72.59 72.97 Details

Intrinsic Valuation Low Real High 72.28 72.66 73.04 Details

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

Other Forecasting Options for Capital Income

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

Capital Income Related Equities

Risk & Return

Correlation

Capital Income Builder 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 Capital Income'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 Capital Income's current price.

Capital Income Market Strength Events

Capital Income Risk Indicators

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 Capital Mutual Fund