Domini Impact Mutual Fund Forecast - Polynomial Regression

DOMOX Fund  USD 11.52  0.10  0.88%   
The Polynomial Regression forecasted value of Domini Impact International on the next trading day is expected to be 11.62 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.44. Domini Mutual Fund Forecast is based on your current time horizon.
At this time The relative strength index (RSI) of Domini Impact's share price is above 80 suggesting that the mutual fund is significantly overbought by investors. 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 92

 Buy Peaked

 
Oversold
 
Overbought
The successful prediction of Domini Impact's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Domini Impact International, which may create opportunities for some arbitrage if properly timed.
Using Domini Impact hype-based prediction, you can estimate the value of Domini Impact International from the perspective of Domini Impact response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Domini Impact International on the next trading day is expected to be 11.62 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.44.

Domini Impact after-hype prediction price

    
  USD 11.52  
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 Domini Impact to cross-verify your projections.

Domini Impact Additional Predictive Modules

Most predictive techniques to examine Domini price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Domini using various technical indicators. When you analyze Domini 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.
Domini Impact polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Domini Impact International as well as the accuracy indicators are determined from the period prices.

Domini Impact Polynomial Regression Price Forecast For the 7th of January

Given 90 days horizon, the Polynomial Regression forecasted value of Domini Impact International on the next trading day is expected to be 11.62 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.44.
Please note that although there have been many attempts to predict Domini 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 Domini Impact's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Domini Impact Mutual Fund Forecast Pattern

Backtest Domini ImpactDomini Impact Price PredictionBuy or Sell Advice 

Domini Impact Forecasted Value

In the context of forecasting Domini Impact'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. Domini Impact's downside and upside margins for the forecasting period are 10.87 and 12.37, respectively. We have considered Domini Impact'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
11.52
11.62
Expected Value
12.37
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 Domini Impact mutual fund data series using in forecasting. Note that when a statistical model is used to represent Domini Impact 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 Criteria115.7091
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0877
MAPEMean absolute percentage error0.0081
SAESum of the absolute errors5.4369
A single variable polynomial regression model attempts to put a curve through the Domini Impact 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 Domini Impact

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Domini Impact Intern. 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
10.7711.5212.27
Details
Intrinsic
Valuation
LowRealHigh
10.6411.3912.14
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.2811.4311.57
Details

Other Forecasting Options for Domini Impact

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

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

Domini Impact Intern 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 Domini Impact'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 Domini Impact's current price.

Domini Impact Market Strength Events

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

Domini Impact Risk Indicators

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

Domini Impact financial ratios help investors to determine whether Domini 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 Domini with respect to the benefits of owning Domini Impact security.
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