Polar Capital Mutual Fund Forecast - Polynomial Regression

POLCX Fund   11.47  0.10  0.88%   
The Polynomial Regression forecasted value of Polar Capital Emerging on the next trading day is expected to be 11.16 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.39. Polar Mutual Fund Forecast is based on your current time horizon.
  
Polar Capital polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Polar Capital Emerging as well as the accuracy indicators are determined from the period prices.

Polar Capital Polynomial Regression Price Forecast For the 26th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Polar Capital Emerging on the next trading day is expected to be 11.16 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.39.
Please note that although there have been many attempts to predict Polar 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 Polar Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Polar Capital Mutual Fund Forecast Pattern

Backtest Polar CapitalPolar Capital Price PredictionBuy or Sell Advice 

Polar Capital Forecasted Value

In the context of forecasting Polar Capital'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. Polar Capital's downside and upside margins for the forecasting period are 10.16 and 12.15, respectively. We have considered Polar Capital'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
11.47
11.16
Expected Value
12.15
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 Polar Capital mutual fund data series using in forecasting. Note that when a statistical model is used to represent Polar Capital 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 Criteria114.4688
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1212
MAPEMean absolute percentage error0.0104
SAESum of the absolute errors7.3906
A single variable polynomial regression model attempts to put a curve through the Polar Capital 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 Polar Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Polar Capital Emerging. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Polar Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.3811.3712.36
Details
Intrinsic
Valuation
LowRealHigh
10.3311.3212.31
Details
Bollinger
Band Projection (param)
LowMiddleHigh
11.3111.4011.50
Details

Other Forecasting Options for Polar Capital

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

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

Polar Capital Emerging 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 Polar Capital'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 Polar Capital's current price.

Polar Capital Market Strength Events

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

Polar Capital Risk Indicators

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

Polar Capital financial ratios help investors to determine whether Polar 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 Polar with respect to the benefits of owning Polar Capital security.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance