Aam/himco Short Mutual Fund Forecast - Simple Regression

ASDCX Fund  USD 9.98  0.02  0.20%   
The Simple Regression forecasted value of Aamhimco Short Duration on the next trading day is expected to be 9.99 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.70. AAM/HIMCO 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 Aam/himco Short 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.

Aam/himco Short Simple Regression Price Forecast For the 1st of February

Given 90 days horizon, the Simple Regression forecasted value of Aamhimco Short Duration on the next trading day is expected to be 9.99 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.70.
Please note that although there have been many attempts to predict AAM/HIMCO 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 Aam/himco Short's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aam/himco Short Mutual Fund Forecast Pattern

Backtest Aam/himco ShortAam/himco Short Price PredictionBuy or Sell Advice 

Aam/himco Short Forecasted Value

In the context of forecasting Aam/himco Short'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. Aam/himco Short's downside and upside margins for the forecasting period are 9.90 and 10.08, respectively. We have considered Aam/himco Short'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
9.98
9.99
Expected Value
10.08
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 Aam/himco Short mutual fund data series using in forecasting. Note that when a statistical model is used to represent Aam/himco Short 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 Criteria109.5674
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0114
MAPEMean absolute percentage error0.0011
SAESum of the absolute errors0.6965
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 Aamhimco Short Duration 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 Aam/himco Short

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aamhimco Short Duration. 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 Aam/himco Short'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
9.899.9810.07
Details
Intrinsic
Valuation
LowRealHigh
9.099.1810.98
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.939.9610.00
Details

Other Forecasting Options for Aam/himco Short

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

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

Aamhimco Short Duration 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 Aam/himco Short'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 Aam/himco Short's current price.

Aam/himco Short Market Strength Events

Market strength indicators help investors to evaluate how Aam/himco Short 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 Aam/himco Short shares will generate the highest return on investment. By undertsting and applying Aam/himco Short mutual fund market strength indicators, traders can identify Aamhimco Short Duration entry and exit signals to maximize returns.

Aam/himco Short Risk Indicators

The analysis of Aam/himco Short'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 Aam/himco Short's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aam/himco 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 AAM/HIMCO Mutual Fund

Aam/himco Short financial ratios help investors to determine whether AAM/HIMCO 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 AAM/HIMCO with respect to the benefits of owning Aam/himco Short security.
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