CI Global Fund Forecast - 4 Period Moving Average

CIG18006   103.80  0.19  0.18%   
The 4 Period Moving Average forecasted value of CI Global Alpha on the next trading day is expected to be 104.15 with a mean absolute deviation of 1.50 and the sum of the absolute errors of 86.81. Investors can use prediction functions to forecast CI Global's fund prices and determine the direction of CI Global Alpha's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
A four-period moving average forecast model for CI Global Alpha 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.

CI Global 4 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of CI Global Alpha on the next trading day is expected to be 104.15 with a mean absolute deviation of 1.50, mean absolute percentage error of 4.26, and the sum of the absolute errors of 86.81.
Please note that although there have been many attempts to predict CIG18006 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 CI Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CI Global Fund Forecast Pattern

CI Global Forecasted Value

In the context of forecasting CI Global's 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. CI Global's downside and upside margins for the forecasting period are 102.84 and 105.46, respectively. We have considered CI Global'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
103.80
102.84
Downside
104.15
Expected Value
105.46
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 CI Global fund data series using in forecasting. Note that when a statistical model is used to represent CI Global 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 Criteria114.0466
BiasArithmetic mean of the errors -0.926
MADMean absolute deviation1.4968
MAPEMean absolute percentage error0.0157
SAESum of the absolute errors86.8125
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 CI Global. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for CI Global Alpha and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for CI Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CI Global Alpha. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CI Global. Your research has to be compared to or analyzed against CI Global's peers to derive any actionable benefits. When done correctly, CI Global'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 CI Global Alpha.

Other Forecasting Options for CI Global

For every potential investor in CIG18006, whether a beginner or expert, CI Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CIG18006 Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CIG18006. Basic forecasting techniques help filter out the noise by identifying CI Global's price trends.

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

CI Global Alpha Technical and Predictive Analytics

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

CI Global Market Strength Events

Market strength indicators help investors to evaluate how CI Global fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CI Global shares will generate the highest return on investment. By undertsting and applying CI Global fund market strength indicators, traders can identify CI Global Alpha entry and exit signals to maximize returns.

CI Global Risk Indicators

The analysis of CI Global'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 CI Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cig18006 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.

Pair Trading with CI Global

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 CI Global 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 CI Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with CIG18006 Fund

  0.880P0000706A RBC Select BalancedPairCorr
  0.890P00007069 RBC PortefeuillePairCorr
  0.840P0000IUYO Edgepoint Global PorPairCorr
  0.840P0001FAU8 TD Comfort BalancedPairCorr
  0.960P00012UCU RBC Global EquityPairCorr
The ability to find closely correlated positions to CI Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CI Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CI Global Alpha to buy it.
The correlation of CI Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CI Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Global Alpha moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CI Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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