Siit Large Mutual Fund Forecast - Polynomial Regression

SLCAX Fund  USD 13.21  0.01  0.08%   
Siit Mutual Fund outlook is based on your current time horizon.
The relative strength index (RSI) of Siit Large's share price is above 70 at this time. This usually implies that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Siit, making its price go up or down.

Momentum 79

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Siit Large's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Siit Large Cap, which may create opportunities for some arbitrage if properly timed.
Using Siit Large hype-based prediction, you can estimate the value of Siit Large Cap from the perspective of Siit Large response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Siit Large Cap on the next trading day is expected to be 13.13 with a mean absolute deviation of 0.68 and the sum of the absolute errors of 41.31.

Siit Large after-hype prediction price

    
  USD 14.23  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Siit Large to cross-verify your projections.

Siit Large Additional Predictive Modules

Most predictive techniques to examine Siit price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Siit using various technical indicators. When you analyze Siit 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.
Siit Large polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Siit Large Cap as well as the accuracy indicators are determined from the period prices.

Siit Large Polynomial Regression Price Forecast For the 27th of January

Given 90 days horizon, the Polynomial Regression forecasted value of Siit Large Cap on the next trading day is expected to be 13.13 with a mean absolute deviation of 0.68, mean absolute percentage error of 0.85, and the sum of the absolute errors of 41.31.
Please note that although there have been many attempts to predict Siit 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 Siit Large's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Siit Large Mutual Fund Forecast Pattern

Backtest Siit Large  Siit Large Price Prediction  Buy or Sell Advice  

Siit Large Forecasted Value

In the context of forecasting Siit Large'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. Siit Large's downside and upside margins for the forecasting period are 5.67 and 20.59, respectively. We have considered Siit Large'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
13.21
13.13
Expected Value
20.59
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 Siit Large mutual fund data series using in forecasting. Note that when a statistical model is used to represent Siit Large 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 Criteria117.9445
BiasArithmetic mean of the errors None
MADMean absolute deviation0.6773
MAPEMean absolute percentage error0.0715
SAESum of the absolute errors41.3132
A single variable polynomial regression model attempts to put a curve through the Siit Large 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 Siit Large

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Siit Large Cap. 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
6.7714.2321.69
Details
Intrinsic
Valuation
LowRealHigh
6.3113.7721.23
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.9413.1513.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Siit Large. Your research has to be compared to or analyzed against Siit Large's peers to derive any actionable benefits. When done correctly, Siit Large'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 Siit Large Cap.

Siit Large After-Hype Price Density Analysis

As far as predicting the price of Siit Large at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Siit Large or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Siit Large, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Siit Large Estimiated After-Hype Price Volatility

In the context of predicting Siit Large's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Siit Large's historical news coverage. Siit Large's after-hype downside and upside margins for the prediction period are 6.77 and 21.69, respectively. We have considered Siit Large's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
13.21
14.23
After-hype Price
21.69
Upside
Siit Large is slightly risky at this time. Analysis and calculation of next after-hype price of Siit Large Cap is based on 3 months time horizon.

Siit Large Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Siit Large is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Siit Large backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Siit Large, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.98 
7.46
  1.02 
  15.29 
3 Events / Month
0 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
13.21
14.23
7.72 
717.31  
Notes

Siit Large Hype Timeline

Siit Large Cap is at this time traded for 13.21. The entity has historical hype elasticity of 1.02, and average elasticity to hype of competition of 15.29. Siit is forecasted to increase in value after the next headline, with the price projected to jump to 14.23 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 7.72%, whereas the daily expected return is at this time at 0.98%. The volatility of related hype on Siit Large is about 47.83%, with the expected price after the next announcement by competition of 28.50. Assuming the 90 days horizon the next forecasted press release will be in about 3 days.
Check out Historical Fundamental Analysis of Siit Large to cross-verify your projections.

Siit Large Related Hype Analysis

Having access to credible news sources related to Siit Large's direct competition is more important than ever and may enhance your ability to predict Siit Large's future price movements. Getting to know how Siit Large's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Siit Large may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Siit Large

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

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

Siit Large Market Strength Events

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

Siit Large Risk Indicators

The analysis of Siit Large'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 Siit Large's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting siit 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.

Story Coverage note for Siit Large

The number of cover stories for Siit Large depends on current market conditions and Siit Large's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Siit Large is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Siit Large's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Siit Mutual Fund

Siit Large financial ratios help investors to determine whether Siit 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 Siit with respect to the benefits of owning Siit Large security.
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