Quantex Fund Mutual Fund Forecast - Polynomial Regression

QNTAX Fund  USD 42.09  0.21  0.50%   
The Polynomial Regression forecasted value of Quantex Fund Adviser on the next trading day is expected to be 42.32 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.95. Quantex Mutual Fund Forecast is based on your current time horizon.
  
Quantex Fund polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Quantex Fund Adviser as well as the accuracy indicators are determined from the period prices.

Quantex Fund Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Quantex Fund Adviser on the next trading day is expected to be 42.32 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.13, and the sum of the absolute errors of 16.95.
Please note that although there have been many attempts to predict Quantex 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 Quantex Fund's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Quantex Fund Mutual Fund Forecast Pattern

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Quantex Fund Forecasted Value

In the context of forecasting Quantex Fund'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. Quantex Fund's downside and upside margins for the forecasting period are 41.58 and 43.06, respectively. We have considered Quantex 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
42.09
42.32
Expected Value
43.06
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 Quantex Fund mutual fund data series using in forecasting. Note that when a statistical model is used to represent Quantex Fund 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 Criteria116.0928
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2779
MAPEMean absolute percentage error0.0068
SAESum of the absolute errors16.9515
A single variable polynomial regression model attempts to put a curve through the Quantex 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 Quantex 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 Quantex Fund Adviser. 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
41.3642.1042.84
Details
Intrinsic
Valuation
LowRealHigh
37.8844.6345.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Quantex Fund. Your research has to be compared to or analyzed against Quantex Fund's peers to derive any actionable benefits. When done correctly, Quantex Fund's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Quantex Fund Adviser.

Other Forecasting Options for Quantex Fund

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

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

Quantex Fund Adviser 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 Quantex 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 Quantex Fund's current price.

Quantex Fund Market Strength Events

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

Quantex Fund Risk Indicators

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

Quantex Fund financial ratios help investors to determine whether Quantex 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 Quantex with respect to the benefits of owning Quantex Fund security.
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