Royce Opportunity Mutual Fund Forecast - Polynomial Regression

Royce Opportunity Additional Predictive Modules

Most predictive techniques to examine Royce price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Royce using various technical indicators. When you analyze Royce charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Royce Opportunity polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Royce Opportunity Fund as well as the accuracy indicators are determined from the period prices.

Royce Opportunity Polynomial Regression Price Forecast For the 26th of January

Given 90 days horizon, the Polynomial Regression forecasted value of Royce Opportunity Fund on the next trading day is expected to be 17.82 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.15, and the sum of the absolute errors of 16.89.

Royce Opportunity Mutual Fund Forecast Pattern

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Royce Opportunity Price Prediction

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Royce Opportunity Forecasted Value

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 Royce Opportunity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Royce Opportunity 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. A single variable polynomial regression model attempts to put a curve through the Royce Opportunity 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 + ... + a_m*X^m

Predictive Modules for Royce Opportunity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Royce Opportunity. 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 Low Estimated High 16.20 27.55 29.52 Details

Intrinsic Valuation Low Real High 16.20 20.39 22.36 Details

Bollinger Band Projection (param) Low Middle High 14.75 16.74 18.73 Details

Royce Opportunity After-Hype Price Prediction Density Analysis

Royce Opportunity Estimiated After-Hype Price Volatility

Royce Opportunity Mutual Fund Price Prediction Analysis

Royce Opportunity Hype Timeline

Royce Opportunity is at this time traded for 18.00. The entity has historical hype elasticity of 56.67, and average elasticity to hype of competition of -5.59. Royce is forecasted to increase in value after the next headline, with the price projected to jump to 27.553846153846152 or above. The average volatility of media hype impact on the company the price is about 1.04%. The price jump on the next news is projected to be 53.08%, whereas the daily expected return is at this time at 0.3%. The volatility of related hype on Royce Opportunity is about 10.57%, with the expected price after the next announcement by competition of 12.41. Debt can assist Royce Opportunity until it has trouble settling it off, either with new capital or with free cash flow. So, Royce Opportunity's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Royce Opportunity sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Royce to invest in growth at high rates of return. When we think about Royce Opportunity's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next forecasted press release will be in about 3 days. Check out Historical Fundamental Analysis of Royce Opportunity to cross-verify your projections.

Royce Opportunity Related Hype Analysis

Other Forecasting Options for Royce Opportunity

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

Royce Opportunity Related Equities

Risk & Return

Correlation

Royce Opportunity Market Strength Events

Royce Opportunity Risk Indicators

Story Coverage note for Royce Opportunity

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Other Information on Investing in Royce Mutual Fund