Amana Participation Mutual Fund Forecast - Simple Regression

AMAPX Fund  USD 9.77  0.00  0.00%   
The Simple Regression forecasted value of Amana Participation Fund on the next trading day is expected to be 9.73 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.03. Amana Mutual Fund Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Amana Participation 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.

Amana Participation Simple Regression Price Forecast For the 4th of December

Given 90 days horizon, the Simple Regression forecasted value of Amana Participation Fund on the next trading day is expected to be 9.73 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 1.03.
Please note that although there have been many attempts to predict Amana 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 Amana Participation's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amana Participation Mutual Fund Forecast Pattern

Backtest Amana ParticipationAmana Participation Price PredictionBuy or Sell Advice 

Amana Participation Forecasted Value

In the context of forecasting Amana Participation'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. Amana Participation's downside and upside margins for the forecasting period are 9.62 and 9.84, respectively. We have considered Amana Participation'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
9.77
9.73
Expected Value
9.84
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 Amana Participation mutual fund data series using in forecasting. Note that when a statistical model is used to represent Amana Participation 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 Criteria110.4168
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0168
MAPEMean absolute percentage error0.0017
SAESum of the absolute errors1.0259
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 Amana Participation Fund 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 Amana Participation

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amana Participation. 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
9.669.779.88
Details
Intrinsic
Valuation
LowRealHigh
9.629.739.84
Details

Other Forecasting Options for Amana Participation

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

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

Amana Participation 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 Amana Participation'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 Amana Participation's current price.

Amana Participation Market Strength Events

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

Amana Participation Risk Indicators

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

Amana Participation financial ratios help investors to determine whether Amana 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 Amana with respect to the benefits of owning Amana Participation security.
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