Meridian Contrarian Mutual Fund Forecast - Simple Regression

MVALX Fund  USD 42.23  0.61  1.47%   
The Simple Regression forecasted value of Meridian Trarian Fund on the next trading day is expected to be 41.00 with a mean absolute deviation of 0.52 and the sum of the absolute errors of 31.74. Meridian 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 Meridian Contrarian 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.

Meridian Contrarian Simple Regression Price Forecast For the 25th of November

Given 90 days horizon, the Simple Regression forecasted value of Meridian Trarian Fund on the next trading day is expected to be 41.00 with a mean absolute deviation of 0.52, mean absolute percentage error of 0.42, and the sum of the absolute errors of 31.74.
Please note that although there have been many attempts to predict Meridian 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 Meridian Contrarian's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Meridian Contrarian Mutual Fund Forecast Pattern

Backtest Meridian ContrarianMeridian Contrarian Price PredictionBuy or Sell Advice 

Meridian Contrarian Forecasted Value

In the context of forecasting Meridian Contrarian'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. Meridian Contrarian's downside and upside margins for the forecasting period are 40.00 and 42.00, respectively. We have considered Meridian Contrarian'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
42.23
41.00
Expected Value
42.00
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 Meridian Contrarian mutual fund data series using in forecasting. Note that when a statistical model is used to represent Meridian Contrarian 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 Criteria117.2451
BiasArithmetic mean of the errors None
MADMean absolute deviation0.5204
MAPEMean absolute percentage error0.0133
SAESum of the absolute errors31.7433
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 Meridian Trarian 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 Meridian Contrarian

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Meridian Contrarian. 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
41.2342.2343.23
Details
Intrinsic
Valuation
LowRealHigh
40.5341.5342.53
Details
Bollinger
Band Projection (param)
LowMiddleHigh
41.4542.0342.60
Details

Other Forecasting Options for Meridian Contrarian

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

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

Meridian Contrarian 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 Meridian Contrarian'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 Meridian Contrarian's current price.

Meridian Contrarian Market Strength Events

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

Meridian Contrarian Risk Indicators

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

Meridian Contrarian financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Contrarian security.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios