Sit Dividend Mutual Fund Forecast - Polynomial Regression

SDVGX Fund  USD 17.98  0.06  0.33%   
The Polynomial Regression forecasted value of Sit Dividend Growth on the next trading day is expected to be 18.02 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.27. Sit Mutual Fund Forecast is based on your current time horizon.
  
Sit Dividend polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Sit Dividend Growth as well as the accuracy indicators are determined from the period prices.

Sit Dividend Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Sit Dividend Growth on the next trading day is expected to be 18.02 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.27.
Please note that although there have been many attempts to predict Sit 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 Sit Dividend's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sit Dividend Mutual Fund Forecast Pattern

Backtest Sit DividendSit Dividend Price PredictionBuy or Sell Advice 

Sit Dividend Forecasted Value

In the context of forecasting Sit Dividend'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. Sit Dividend's downside and upside margins for the forecasting period are 17.34 and 18.71, respectively. We have considered Sit Dividend'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
17.98
18.02
Expected Value
18.71
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 Sit Dividend mutual fund data series using in forecasting. Note that when a statistical model is used to represent Sit Dividend 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 Criteria114.3065
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1192
MAPEMean absolute percentage error0.0068
SAESum of the absolute errors7.2724
A single variable polynomial regression model attempts to put a curve through the Sit Dividend 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 Sit Dividend

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sit Dividend Growth. 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
17.3618.0418.72
Details
Intrinsic
Valuation
LowRealHigh
17.1817.8618.54
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.2217.7018.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sit Dividend. Your research has to be compared to or analyzed against Sit Dividend's peers to derive any actionable benefits. When done correctly, Sit Dividend'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 Sit Dividend Growth.

Other Forecasting Options for Sit Dividend

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

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

Sit Dividend Growth 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 Sit Dividend'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 Sit Dividend's current price.

Sit Dividend Market Strength Events

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

Sit Dividend Risk Indicators

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

Sit Dividend financial ratios help investors to determine whether Sit 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 Sit with respect to the benefits of owning Sit Dividend security.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges