Nuveen Intermediate Fund Forecast - Naive Prediction
NIQDelisted Fund | USD 6.40 0.05 0.78% |
The Naive Prediction forecasted value of Nuveen Intermediate Duration on the next trading day is expected to be 7.01 with a mean absolute deviation of 0.76 and the sum of the absolute errors of 46.18. Nuveen Fund Forecast is based on your current time horizon.
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Nuveen Intermediate Naive Prediction Price Forecast For the 28th of November
Given 90 days horizon, the Naive Prediction forecasted value of Nuveen Intermediate Duration on the next trading day is expected to be 7.01 with a mean absolute deviation of 0.76, mean absolute percentage error of 1.19, and the sum of the absolute errors of 46.18.Please note that although there have been many attempts to predict Nuveen 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 Nuveen Intermediate's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nuveen Intermediate Fund Forecast Pattern
Backtest Nuveen Intermediate | Nuveen Intermediate Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Nuveen Intermediate fund data series using in forecasting. Note that when a statistical model is used to represent Nuveen Intermediate 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.AIC | Akaike Information Criteria | 118.2864 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.7571 |
MAPE | Mean absolute percentage error | 0.0837 |
SAE | Sum of the absolute errors | 46.1837 |
Predictive Modules for Nuveen Intermediate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nuveen Intermediate. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.View Nuveen Intermediate Related Equities
Risk & Return | Correlation |
Nuveen Intermediate Market Strength Events
Market strength indicators help investors to evaluate how Nuveen Intermediate fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen Intermediate shares will generate the highest return on investment. By undertsting and applying Nuveen Intermediate fund market strength indicators, traders can identify Nuveen Intermediate Duration entry and exit signals to maximize returns.
Nuveen Intermediate Risk Indicators
The analysis of Nuveen Intermediate'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 Nuveen Intermediate's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nuveen 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.
Mean Deviation | 3.3 | |||
Standard Deviation | 14.8 | |||
Variance | 218.99 |
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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Nuveen Fund
If you are still planning to invest in Nuveen Intermediate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Intermediate's history and understand the potential risks before investing.
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