Future Fund Etf Forecast - Polynomial Regression

FFND Etf  USD 26.16  0.27  1.04%   
The Polynomial Regression forecasted value of The Future Fund on the next trading day is expected to be 26.18 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.86. Future Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Future Fund stock prices and determine the direction of The Future Fund's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Future Fund's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Future Fund polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for The Future Fund as well as the accuracy indicators are determined from the period prices.

Future Fund Polynomial Regression Price Forecast For the 26th of November

Given 90 days horizon, the Polynomial Regression forecasted value of The Future Fund on the next trading day is expected to be 26.18 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.13, and the sum of the absolute errors of 16.86.
Please note that although there have been many attempts to predict Future Etf 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 Future Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Future Fund Etf Forecast Pattern

Backtest Future FundFuture Fund Price PredictionBuy or Sell Advice 

Future Fund Forecasted Value

In the context of forecasting Future Fund's Etf 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. Future Fund's downside and upside margins for the forecasting period are 25.01 and 27.35, respectively. We have considered Future Fund'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
26.16
26.18
Expected Value
27.35
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 Future Fund etf data series using in forecasting. Note that when a statistical model is used to represent Future Fund etf, 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 Criteria116.0789
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2765
MAPEMean absolute percentage error0.0115
SAESum of the absolute errors16.865
A single variable polynomial regression model attempts to put a curve through the Future Fund 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 Future Fund

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Future Fund. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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
24.9026.0727.24
Details
Intrinsic
Valuation
LowRealHigh
23.5428.6529.82
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.9825.6826.38
Details

Other Forecasting Options for Future Fund

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

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

Future Fund Technical and Predictive Analytics

The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Future Fund'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 Future Fund's current price.

Future Fund Market Strength Events

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

Future Fund Risk Indicators

The analysis of Future Fund'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 Future Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting future etf 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.
When determining whether Future Fund is a strong investment it is important to analyze Future Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Future Fund's future performance. For an informed investment choice regarding Future Etf, refer to the following important reports:
Check out Historical Fundamental Analysis of Future Fund to cross-verify your projections.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Future Fund is measured differently than its book value, which is the value of Future that is recorded on the company's balance sheet. Investors also form their own opinion of Future Fund's value that differs from its market value or its book value, called intrinsic value, which is Future Fund's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Future Fund's market value can be influenced by many factors that don't directly affect Future Fund's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Future Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Future Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Future Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.