Money Market Money Market Fund Forecast - Polynomial Regression

TOSXX Fund  USD 1.00  0.00  0.00%   
The Polynomial Regression forecasted value of Money Market Obligations on the next trading day is expected to be 0.36 with a mean absolute deviation of 0.39 and the sum of the absolute errors of 23.61. Money Money Market Fund Forecast is based on your current time horizon.
  
Money Market polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Money Market Obligations as well as the accuracy indicators are determined from the period prices.

Money Market Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Money Market Obligations on the next trading day is expected to be 0.36 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.32, and the sum of the absolute errors of 23.61.
Please note that although there have been many attempts to predict Money Money Market 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 Money Market's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Money Market Money Market Fund Forecast Pattern

Money Market Forecasted Value

In the context of forecasting Money Market's Money Market 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. Money Market's downside and upside margins for the forecasting period are 0.36 and 0.36, respectively. We have considered Money Market'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
1.00
0.36
Expected Value
0.36
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 Money Market money market fund data series using in forecasting. Note that when a statistical model is used to represent Money Market money market 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 Criteria116.976
BiasArithmetic mean of the errors None
MADMean absolute deviation0.387
MAPEMean absolute percentage error0.3191
SAESum of the absolute errors23.6098
A single variable polynomial regression model attempts to put a curve through the Money Market 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 Money Market

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Money Market Obligations. Regardless of method or technology, however, to accurately forecast the money market fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the money market 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Money Market's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1.001.001.00
Details
Intrinsic
Valuation
LowRealHigh
0.901.231.23
Details

Other Forecasting Options for Money Market

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

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

Money Market Obligations Technical and Predictive Analytics

The money market fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Money Market'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 Money Market's current price.

Money Market Market Strength Events

Market strength indicators help investors to evaluate how Money Market money market fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Money Market shares will generate the highest return on investment. By undertsting and applying Money Market money market fund market strength indicators, traders can identify Money Market Obligations entry and exit signals to maximize returns.

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 Money Money Market Fund

Money Market financial ratios help investors to determine whether Money Money Market 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 Money with respect to the benefits of owning Money Market security.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins