Naranja 2050 Fund Forecast - Polynomial Regression

0P0000858L   26.40  0.24  0.92%   
The Polynomial Regression forecasted value of Naranja 2050 PP on the next trading day is expected to be 26.01 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.82. Investors can use prediction functions to forecast Naranja 2050's fund prices and determine the direction of Naranja 2050 PP's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
Naranja 2050 polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Naranja 2050 PP as well as the accuracy indicators are determined from the period prices.

Naranja 2050 Polynomial Regression Price Forecast For the 11th of January 2025

Given 90 days horizon, the Polynomial Regression forecasted value of Naranja 2050 PP on the next trading day is expected to be 26.01 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.82.
Please note that although there have been many attempts to predict Naranja 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 Naranja 2050's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Naranja 2050 Fund Forecast Pattern

Naranja 2050 Forecasted Value

In the context of forecasting Naranja 2050's 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. Naranja 2050's downside and upside margins for the forecasting period are 25.52 and 26.51, respectively. We have considered Naranja 2050'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
26.40
26.01
Expected Value
26.51
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 Naranja 2050 fund data series using in forecasting. Note that when a statistical model is used to represent Naranja 2050 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 Criteria114.796
BiasArithmetic mean of the errors None
MADMean absolute deviation0.161
MAPEMean absolute percentage error0.0062
SAESum of the absolute errors9.8221
A single variable polynomial regression model attempts to put a curve through the Naranja 2050 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 Naranja 2050

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Naranja 2050 PP. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.

Other Forecasting Options for Naranja 2050

For every potential investor in Naranja, whether a beginner or expert, Naranja 2050's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Naranja Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Naranja. Basic forecasting techniques help filter out the noise by identifying Naranja 2050's price trends.

Naranja 2050 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 Naranja 2050 fund to make a market-neutral strategy. Peer analysis of Naranja 2050 could also be used in its relative valuation, which is a method of valuing Naranja 2050 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Naranja 2050 PP Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Naranja 2050'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 Naranja 2050's current price.

Naranja 2050 Market Strength Events

Market strength indicators help investors to evaluate how Naranja 2050 fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Naranja 2050 shares will generate the highest return on investment. By undertsting and applying Naranja 2050 fund market strength indicators, traders can identify Naranja 2050 PP entry and exit signals to maximize returns.

Naranja 2050 Risk Indicators

The analysis of Naranja 2050'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 Naranja 2050's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting naranja 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.

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.
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