BEKA LUX Fund Forecast - Simple Regression

0P0001OSNK   87.66  0.27  0.31%   
The Simple Regression forecasted value of BEKA LUX SICAV on the next trading day is expected to be 87.65 with a mean absolute deviation of 0.39 and the sum of the absolute errors of 23.61. Investors can use prediction functions to forecast BEKA LUX's fund prices and determine the direction of BEKA LUX SICAV's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through BEKA LUX price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

BEKA LUX Simple Regression Price Forecast For the 25th of November

Given 90 days horizon, the Simple Regression forecasted value of BEKA LUX SICAV on the next trading day is expected to be 87.65 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.23, and the sum of the absolute errors of 23.61.
Please note that although there have been many attempts to predict BEKA 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 BEKA LUX's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

BEKA LUX Fund Forecast Pattern

BEKA LUX Forecasted Value

In the context of forecasting BEKA LUX'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. BEKA LUX's downside and upside margins for the forecasting period are 87.41 and 87.89, respectively. We have considered BEKA LUX'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
87.66
87.65
Expected Value
87.89
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of BEKA LUX fund data series using in forecasting. Note that when a statistical model is used to represent BEKA LUX 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 Criteria116.6263
BiasArithmetic mean of the errors None
MADMean absolute deviation0.387
MAPEMean absolute percentage error0.0045
SAESum of the absolute errors23.6067
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as BEKA LUX SICAV historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for BEKA LUX

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

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

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

BEKA LUX SICAV 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 BEKA LUX'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 BEKA LUX's current price.

BEKA LUX Market Strength Events

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

BEKA LUX Risk Indicators

The analysis of BEKA LUX'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 BEKA LUX's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beka 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.

Currently Active Assets on Macroaxis

Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Insider Screener
Find insiders across different sectors to evaluate their impact on performance