Vanguard Consumer Etf Forecast - Polynomial Regression

VDC Etf  USD 220.23  2.36  1.08%   
The Polynomial Regression forecasted value of Vanguard Consumer Staples on the next trading day is expected to be 219.00 with a mean absolute deviation of 1.19 and the sum of the absolute errors of 72.43. Vanguard Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Vanguard Consumer stock prices and determine the direction of Vanguard Consumer Staples's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Vanguard Consumer's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Vanguard Consumer polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Vanguard Consumer Staples as well as the accuracy indicators are determined from the period prices.

Vanguard Consumer Polynomial Regression Price Forecast For the 26th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Vanguard Consumer Staples on the next trading day is expected to be 219.00 with a mean absolute deviation of 1.19, mean absolute percentage error of 2.04, and the sum of the absolute errors of 72.43.
Please note that although there have been many attempts to predict Vanguard Etf 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 Vanguard Consumer's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Vanguard Consumer Etf Forecast Pattern

Backtest Vanguard ConsumerVanguard Consumer Price PredictionBuy or Sell Advice 

Vanguard Consumer Forecasted Value

In the context of forecasting Vanguard Consumer's Etf 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. Vanguard Consumer's downside and upside margins for the forecasting period are 218.43 and 219.57, respectively. We have considered Vanguard Consumer'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
220.23
218.43
Downside
219.00
Expected Value
219.57
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 Vanguard Consumer etf data series using in forecasting. Note that when a statistical model is used to represent Vanguard Consumer etf, 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 Criteria118.8222
BiasArithmetic mean of the errors None
MADMean absolute deviation1.1873
MAPEMean absolute percentage error0.0055
SAESum of the absolute errors72.4274
A single variable polynomial regression model attempts to put a curve through the Vanguard Consumer 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 Vanguard Consumer

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vanguard Consumer Staples. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 Vanguard Consumer'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
219.62220.19220.76
Details
Intrinsic
Valuation
LowRealHigh
218.63219.20242.25
Details
Bollinger
Band Projection (param)
LowMiddleHigh
213.58217.85222.12
Details

Other Forecasting Options for Vanguard Consumer

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

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

Vanguard Consumer Staples Technical and Predictive Analytics

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

Vanguard Consumer Market Strength Events

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

Vanguard Consumer Risk Indicators

The analysis of Vanguard Consumer'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 Vanguard Consumer's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vanguard etf 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.
When determining whether Vanguard Consumer Staples offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vanguard Consumer's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vanguard Consumer Staples Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vanguard Consumer Staples Etf:
Check out Historical Fundamental Analysis of Vanguard Consumer to cross-verify your projections.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Vanguard Consumer Staples is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Consumer's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Consumer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vanguard Consumer's market value can be influenced by many factors that don't directly affect Vanguard Consumer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vanguard Consumer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Consumer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Consumer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.