Nuveen Virginia Fund Forecast - Polynomial Regression
| NPV Fund | USD 13.37 0.13 0.98% |
The Polynomial Regression forecasted value of Nuveen Virginia Quality on the next trading day is expected to be 13.35 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.06. Nuveen Fund Forecast is based on your current time horizon.
Nuveen |
Nuveen Virginia Polynomial Regression Price Forecast For the 23rd of November
Given 90 days horizon, the Polynomial Regression forecasted value of Nuveen Virginia Quality on the next trading day is expected to be 13.35 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.06.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 Virginia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nuveen Virginia Fund Forecast Pattern
| Backtest Nuveen Virginia | Nuveen Virginia Price Prediction | Buy or Sell Advice |
Nuveen Virginia Forecasted Value
In the context of forecasting Nuveen Virginia's 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. Nuveen Virginia's downside and upside margins for the forecasting period are 12.48 and 14.23, respectively. We have considered Nuveen Virginia'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.
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 Nuveen Virginia fund data series using in forecasting. Note that when a statistical model is used to represent Nuveen Virginia 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 | 114.0872 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1157 |
| MAPE | Mean absolute percentage error | 0.0091 |
| SAE | Sum of the absolute errors | 7.0605 |
Predictive Modules for Nuveen Virginia
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 Virginia Quality. 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.Other Forecasting Options for Nuveen Virginia
For every potential investor in Nuveen, whether a beginner or expert, Nuveen Virginia's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nuveen Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nuveen. Basic forecasting techniques help filter out the noise by identifying Nuveen Virginia's price trends.View Nuveen Virginia Related Equities
| Risk & Return | Correlation |
Nuveen Virginia Quality Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nuveen Virginia'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 Nuveen Virginia's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nuveen Virginia Market Strength Events
Market strength indicators help investors to evaluate how Nuveen Virginia 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 Virginia shares will generate the highest return on investment. By undertsting and applying Nuveen Virginia fund market strength indicators, traders can identify Nuveen Virginia Quality entry and exit signals to maximize returns.
Nuveen Virginia Risk Indicators
The analysis of Nuveen Virginia'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 Virginia'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 | 0.6302 | |||
| Semi Deviation | 0.4281 | |||
| Standard Deviation | 0.8618 | |||
| Variance | 0.7428 | |||
| Downside Variance | 0.5573 | |||
| Semi Variance | 0.1832 | |||
| Expected Short fall | (0.76) |
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.
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Nuveen Fund
Nuveen Virginia financial ratios help investors to determine whether Nuveen 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 Nuveen with respect to the benefits of owning Nuveen Virginia security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| CEOs Directory Screen CEOs from public companies around the world |