Fm 2 ETF Forward View - Polynomial Regression
| ZTWO ETF | 50.51 0.06 0.12% |
This Polynomial Regression projection for Fm 2 is fitted to the equity's recent daily closes. Low error metrics relative to the price level indicate the model fits recent trading behavior well. Older observations carry less weight in the current projection as the price series extends. The Polynomial Regression model projects Fm 2 at 50.56 for the next trading day, above the most recent closing price. This forecast is one analytical input among many and should be assessed in the context of broader analysis.
Polynomial Regression Price Forecast For the 10th of May
Over a 90-day horizon, the Polynomial Regression model forecasts Fm 2 at 50.56 for the next trading day, with a mean absolute deviation of 0.08 , mean absolute percentage error of 0.0015 , and sum of absolute errors of 4.76 .This represents a very tight forecast — the model closely tracks Fm 2's recent price behavior. This output is intended for short-term analytical reference.
ETF Forecast Pattern
| Backtest Fm 2 | Fm 2 Price Prediction | Research Analysis |
Forecasted Value
Fm 2's next-session forecast estimates practical downside and upside boundaries based on the model's historical fit. The model places downside around 50.46 and upside around 50.66 for the next session. The narrow range indicates limited short-term dispersion.
Model Predictive Factors
The table below summarizes the Polynomial Regression model's error metrics for Fm 2 ETF. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 115.1872 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0768 |
| MAPE | Mean absolute percentage error | 0.0015 |
| SAE | Sum of the absolute errors | 4.7625 |
Other Forecasting Options for Fm 2
The autocorrelation structure of Fm 2's daily returns reveals whether ZTWO exhibits momentum, mean-reversion, or random-walk behavior. Separating these elements distinguishes persistent directional moves from temporary noise in ZTWO ETF price data. Stochastic oscillator analysis compares Fm 2's closing price to its range over a given period.Fm 2 Comparable Funds
These peer funds are related to Fm 2 and help frame its category context. Useful comparisons usually include net asset value behavior, total return, volatility, distribution profile, and leverage. Category-relative analysis helps separate fund-specific behavior from broader market moves affecting the whole group. Taken together, these peers help define a more relevant comparison frame for Fm 2.
| Risk & Return | Correlation |
Fm 2 Market Strength Events
Rate of Change and Momentum readings for Fm 2 measure the velocity of recent price moves rather than direction alone. These indicators add context to how recent sessions in Fm 2 have behaved. These indicators are most informative when viewed alongside Fm 2's volume profile and volatility measures.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 50.51 | |||
| Day Typical Price | 50.51 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.06 | |||
| Relative Strength Index | 56.2 |
Fm 2 Risk Indicators
Standard deviation and variance for Fm 2 measure total price dispersion, while semi-deviation isolates only the downside moves. Higher variance relative to sector peers signals that Fm 2's price path has been less predictable over the measured period. Analyzing Fm 2's risk indicators helps explain how recent moves compare with its broader trading range.
| Mean Deviation | 0.0811 | |||
| Semi Deviation | 0.0783 | |||
| Standard Deviation | 0.1005 | |||
| Variance | 0.0101 | |||
| Downside Variance | 0.0123 | |||
| Semi Variance | 0.0061 | |||
| Expected Short fall | -0.08 |
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.