Gold And Mutual Fund Forecast - Polynomial Regression

USERX Fund  USD 37.85  1.48  4.07%   
The Polynomial Regression forecasted value of Gold And Precious on the next trading day is expected to be 36.99 with a mean absolute deviation of 0.78 and the sum of the absolute errors of 47.81. Gold And Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Gold And's share price is below 20 . This usually implies that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Gold And's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Gold And Precious, which may create opportunities for some arbitrage if properly timed.
Using Gold And hype-based prediction, you can estimate the value of Gold And Precious from the perspective of Gold And response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Gold And Precious on the next trading day is expected to be 36.99 with a mean absolute deviation of 0.78 and the sum of the absolute errors of 47.81.

Gold And after-hype prediction price

    
  USD 37.85  
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 Gold And to cross-verify your projections.

Gold And Additional Predictive Modules

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

Gold And Polynomial Regression Price Forecast For the 26th of January

Given 90 days horizon, the Polynomial Regression forecasted value of Gold And Precious on the next trading day is expected to be 36.99 with a mean absolute deviation of 0.78, mean absolute percentage error of 0.82, and the sum of the absolute errors of 47.81.
Please note that although there have been many attempts to predict Gold And 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 Gold And's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Gold And Mutual Fund Forecast Pattern

Backtest Gold AndGold And Price PredictionBuy or Sell Advice 

Gold And Forecasted Value

In the context of forecasting Gold And'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. Gold And's downside and upside margins for the forecasting period are 34.74 and 39.24, respectively. We have considered Gold And'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
37.85
36.99
Expected Value
39.24
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 Gold And mutual fund data series using in forecasting. Note that when a statistical model is used to represent Gold And 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 Criteria117.9116
BiasArithmetic mean of the errors None
MADMean absolute deviation0.7838
MAPEMean absolute percentage error0.028
SAESum of the absolute errors47.8124
A single variable polynomial regression model attempts to put a curve through the Gold And 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 Gold And

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gold And Precious. 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
35.5837.8540.12
Details
Intrinsic
Valuation
LowRealHigh
36.7238.9941.26
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25.1930.8036.42
Details

Gold And After-Hype Price Prediction Density Analysis

As far as predicting the price of Gold And 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 Gold And 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 Gold And, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Gold And Estimiated After-Hype Price Volatility

In the context of predicting Gold And's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Gold And's historical news coverage. Gold And's after-hype downside and upside margins for the prediction period are 35.58 and 40.12, respectively. We have considered Gold And'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
37.85
37.85
After-hype Price
40.12
Upside
Gold And is very steady at this time. Analysis and calculation of next after-hype price of Gold And Precious is based on 3 months time horizon.

Gold And Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Gold And is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gold And 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 Gold And, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.81 
2.25
 0.00  
  0.03 
0 Events / Month
0 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
37.85
37.85
0.00 
0.00  
Notes

Gold And Hype Timeline

Gold And Precious is at this time traded for 37.85. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. Gold And is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.81%. %. The volatility of related hype on Gold And is about 5869.57%, with the expected price after the next announcement by competition of 37.88. The company has Price to Book (P/B) ratio of 1.55. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Gold And Precious last dividend was issued on the 20th of December 1970. Assuming the 90 days horizon the next projected press release will be any time.
Check out Historical Fundamental Analysis of Gold And to cross-verify your projections.

Gold And Related Hype Analysis

Having access to credible news sources related to Gold And's direct competition is more important than ever and may enhance your ability to predict Gold And's future price movements. Getting to know how Gold And'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 Gold And may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Gold And

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

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

Gold And Market Strength Events

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

Gold And Risk Indicators

The analysis of Gold And'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 Gold And's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gold and 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 Gold And

The number of cover stories for Gold And depends on current market conditions and Gold And's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Gold And 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 Gold And'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 Gold And Mutual Fund

Gold And financial ratios help investors to determine whether Gold And 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 Gold And with respect to the benefits of owning Gold And security.
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