Clucasgray Equilibrium Fund Forecast - Polynomial Regression

0P00015H7T   1.75  0.01  0.57%   
The Polynomial Regression forecasted value of Clucasgray Equilibrium Prescient on the next trading day is expected to be 1.77 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.44. Investors can use prediction functions to forecast Clucasgray Equilibrium's fund prices and determine the direction of Clucasgray Equilibrium Prescient's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
Clucasgray Equilibrium polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Clucasgray Equilibrium Prescient as well as the accuracy indicators are determined from the period prices.

Clucasgray Equilibrium Polynomial Regression Price Forecast For the 4th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Clucasgray Equilibrium Prescient on the next trading day is expected to be 1.77 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000083, and the sum of the absolute errors of 0.44.
Please note that although there have been many attempts to predict Clucasgray 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 Clucasgray Equilibrium's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Clucasgray Equilibrium Fund Forecast Pattern

Clucasgray Equilibrium Forecasted Value

In the context of forecasting Clucasgray Equilibrium'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. Clucasgray Equilibrium's downside and upside margins for the forecasting period are 1.33 and 2.21, respectively. We have considered Clucasgray Equilibrium'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
1.75
1.77
Expected Value
2.21
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 Clucasgray Equilibrium fund data series using in forecasting. Note that when a statistical model is used to represent Clucasgray Equilibrium 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 Criteria108.7087
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0071
MAPEMean absolute percentage error0.0041
SAESum of the absolute errors0.4354
A single variable polynomial regression model attempts to put a curve through the Clucasgray Equilibrium 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 Clucasgray Equilibrium

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Clucasgray Equilibrium. 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.

Other Forecasting Options for Clucasgray Equilibrium

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

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

Clucasgray Equilibrium 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 Clucasgray Equilibrium'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 Clucasgray Equilibrium's current price.

Clucasgray Equilibrium Market Strength Events

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

Clucasgray Equilibrium Risk Indicators

The analysis of Clucasgray Equilibrium'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 Clucasgray Equilibrium's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting clucasgray 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.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements