Inverse Nasdaq-100 Mutual Fund Forecast - Polynomial Regression

RYAPX Fund  USD 14.60  0.02  0.14%   
The Polynomial Regression forecasted value of Inverse Nasdaq 100 Strategy on the next trading day is expected to be 14.50 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.80. Inverse Mutual Fund Forecast is based on your current time horizon.
  
Inverse Nasdaq-100 polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Inverse Nasdaq 100 Strategy as well as the accuracy indicators are determined from the period prices.

Inverse Nasdaq-100 Polynomial Regression Price Forecast For the 26th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Inverse Nasdaq 100 Strategy on the next trading day is expected to be 14.50 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.05, and the sum of the absolute errors of 9.80.
Please note that although there have been many attempts to predict Inverse 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 Inverse Nasdaq-100's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Inverse Nasdaq-100 Mutual Fund Forecast Pattern

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Inverse Nasdaq-100 Forecasted Value

In the context of forecasting Inverse Nasdaq-100'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. Inverse Nasdaq-100's downside and upside margins for the forecasting period are 13.39 and 15.62, respectively. We have considered Inverse Nasdaq-100'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
14.60
14.50
Expected Value
15.62
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 Inverse Nasdaq-100 mutual fund data series using in forecasting. Note that when a statistical model is used to represent Inverse Nasdaq-100 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 Criteria115.0113
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1606
MAPEMean absolute percentage error0.0107
SAESum of the absolute errors9.7991
A single variable polynomial regression model attempts to put a curve through the Inverse Nasdaq-100 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 Inverse Nasdaq-100

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inverse Nasdaq 100. 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
13.4914.6015.71
Details
Intrinsic
Valuation
LowRealHigh
12.4713.5814.69
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.5914.6114.63
Details

Other Forecasting Options for Inverse Nasdaq-100

For every potential investor in Inverse, whether a beginner or expert, Inverse Nasdaq-100's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Inverse Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Inverse. Basic forecasting techniques help filter out the noise by identifying Inverse Nasdaq-100's price trends.

Inverse Nasdaq-100 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 Inverse Nasdaq-100 mutual fund to make a market-neutral strategy. Peer analysis of Inverse Nasdaq-100 could also be used in its relative valuation, which is a method of valuing Inverse Nasdaq-100 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Inverse Nasdaq 100 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 Inverse Nasdaq-100'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 Inverse Nasdaq-100's current price.

Inverse Nasdaq-100 Market Strength Events

Market strength indicators help investors to evaluate how Inverse Nasdaq-100 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 Inverse Nasdaq-100 shares will generate the highest return on investment. By undertsting and applying Inverse Nasdaq-100 mutual fund market strength indicators, traders can identify Inverse Nasdaq 100 Strategy entry and exit signals to maximize returns.

Inverse Nasdaq-100 Risk Indicators

The analysis of Inverse Nasdaq-100'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 Inverse Nasdaq-100's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inverse 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 Inverse Mutual Fund

Inverse Nasdaq-100 financial ratios help investors to determine whether Inverse 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 Inverse with respect to the benefits of owning Inverse Nasdaq-100 security.
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