Calamos Global Mutual Fund Forecast - Triple Exponential Smoothing

CIGEX Fund  USD 20.08  0.21  1.06%   
The Triple Exponential Smoothing forecasted value of Calamos Global Equity on the next trading day is expected to be 20.20 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.82. Calamos Mutual Fund Forecast is based on your current time horizon.
  
Triple exponential smoothing for Calamos Global - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Calamos Global prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Calamos Global price movement. However, neither of these exponential smoothing models address any seasonality of Calamos Global Equity.

Calamos Global Triple Exponential Smoothing Price Forecast For the 6th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Calamos Global Equity on the next trading day is expected to be 20.20 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.82.
Please note that although there have been many attempts to predict Calamos 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 Calamos Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Calamos Global Mutual Fund Forecast Pattern

Backtest Calamos GlobalCalamos Global Price PredictionBuy or Sell Advice 

Calamos Global Forecasted Value

In the context of forecasting Calamos Global'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. Calamos Global's downside and upside margins for the forecasting period are 19.41 and 21.00, respectively. We have considered Calamos 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
20.08
20.20
Expected Value
21.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Calamos Global mutual fund data series using in forecasting. Note that when a statistical model is used to represent Calamos Global 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0161
MADMean absolute deviation0.1303
MAPEMean absolute percentage error0.0068
SAESum of the absolute errors7.8197
As with simple exponential smoothing, in triple exponential smoothing models past Calamos Global observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Calamos Global Equity observations.

Predictive Modules for Calamos 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 Calamos Global Equity. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calamos Global'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.
Hype
Prediction
LowEstimatedHigh
19.2420.0820.92
Details
Intrinsic
Valuation
LowRealHigh
18.9819.8220.66
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.2619.5519.84
Details

Other Forecasting Options for Calamos Global

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

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

Calamos Global Equity 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 Calamos 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 Calamos Global's current price.

Calamos Global Market Strength Events

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

Calamos Global Risk Indicators

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

Calamos Global financial ratios help investors to determine whether Calamos 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 Calamos with respect to the benefits of owning Calamos Global security.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.