Columbia Select Mutual Fund Forecast - Polynomial Regression

CSSZX Fund  USD 22.35  0.43  1.89%   
The Polynomial Regression forecasted value of Columbia Select Smaller Cap on the next trading day is expected to be 22.27 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.97. Columbia Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Columbia Select's share price is below 20 suggesting that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Columbia Select's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Columbia Select Smaller Cap, which may create opportunities for some arbitrage if properly timed.
Using Columbia Select hype-based prediction, you can estimate the value of Columbia Select Smaller Cap from the perspective of Columbia Select response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Columbia Select Smaller Cap on the next trading day is expected to be 22.27 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.97.

Columbia Select after-hype prediction price

    
  USD 21.38  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Columbia Select to cross-verify your projections.

Columbia Select Additional Predictive Modules

Most predictive techniques to examine Columbia price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Columbia using various technical indicators. When you analyze Columbia charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Columbia Select polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Columbia Select Smaller Cap as well as the accuracy indicators are determined from the period prices.

Columbia Select Polynomial Regression Price Forecast For the 25th of January

Given 90 days horizon, the Polynomial Regression forecasted value of Columbia Select Smaller Cap on the next trading day is expected to be 22.27 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.19, and the sum of the absolute errors of 19.97.
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 Select's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Columbia Select Mutual Fund Forecast Pattern

Backtest Columbia SelectColumbia Select Price PredictionBuy or Sell Advice 

Columbia Select Forecasted Value

In the context of forecasting Columbia Select'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 Select's downside and upside margins for the forecasting period are 20.84 and 23.69, respectively. We have considered Columbia Select'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
22.35
22.27
Expected Value
23.69
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Columbia Select mutual fund data series using in forecasting. Note that when a statistical model is used to represent Columbia Select 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 Criteria118.3114
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3222
MAPEMean absolute percentage error0.0156
SAESum of the absolute errors19.9746
A single variable polynomial regression model attempts to put a curve through the Columbia Select historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Columbia Select

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 Select Smaller. 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
LowEstimatedHigh
19.9621.3822.80
Details
Intrinsic
Valuation
LowRealHigh
22.2823.7025.12
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.9721.5823.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Columbia Select. Your research has to be compared to or analyzed against Columbia Select's peers to derive any actionable benefits. When done correctly, Columbia Select'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 Columbia Select Smaller.

Columbia Select After-Hype Price Prediction Density Analysis

As far as predicting the price of Columbia Select at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Columbia Select or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Columbia Select, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Columbia Select Estimiated After-Hype Price Volatility

In the context of predicting Columbia Select's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Columbia Select's historical news coverage. Columbia Select's after-hype downside and upside margins for the prediction period are 19.96 and 22.80, respectively. We have considered Columbia Select's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
22.35
21.38
After-hype Price
22.80
Upside
Columbia Select is very steady at this time. Analysis and calculation of next after-hype price of Columbia Select Smaller is based on 3 months time horizon.

Columbia Select Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Columbia Select is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Columbia Select backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Columbia Select, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.24 
1.42
  0.97 
  1.34 
2 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
22.35
21.38
4.34 
35.24  
Notes

Columbia Select Hype Timeline

Columbia Select Smaller is currently traded for 22.35. The entity has historical hype elasticity of -0.97, and average elasticity to hype of competition of -1.34. Columbia is forecasted to decline in value after the next headline, with the price expected to drop to 21.38. The average volatility of media hype impact on the company price is about 35.24%. The price reduction on the next news is expected to be -4.34%, whereas the daily expected return is currently at 0.24%. The volatility of related hype on Columbia Select is about 25.49%, with the expected price after the next announcement by competition of 21.01. The company has price-to-book (P/B) ratio of 1.66. Some equities with similar Price to Book (P/B) outperform the market in the long run. Columbia Select Smaller last dividend was issued on the 6th of December 2019. Assuming the 90 days horizon the next forecasted press release will be in a few days.
Check out Historical Fundamental Analysis of Columbia Select to cross-verify your projections.

Columbia Select Related Hype Analysis

Having access to credible news sources related to Columbia Select's direct competition is more important than ever and may enhance your ability to predict Columbia Select's future price movements. Getting to know how Columbia Select's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Columbia Select may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Columbia Select

For every potential investor in Columbia, whether a beginner or expert, Columbia Select'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 Select's price trends.

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

Columbia Select Market Strength Events

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

Columbia Select Risk Indicators

The analysis of Columbia Select'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 Columbia Select's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting columbia 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.

Story Coverage note for Columbia Select

The number of cover stories for Columbia Select depends on current market conditions and Columbia Select's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Columbia Select is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Columbia Select's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Columbia Mutual Fund

Columbia Select financial ratios help investors to determine whether Columbia 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 Columbia with respect to the benefits of owning Columbia Select security.
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