ASSET BANK Fund Forecast - Simple Regression

AAGR11 Fund   97.00  0.20  0.21%   
The Simple Regression forecasted value of ASSET BANK AGRONEGCIOS on the next trading day is expected to be 95.30 with a mean absolute deviation of 2.01 and the sum of the absolute errors of 124.43. Investors can use prediction functions to forecast ASSET BANK's fund prices and determine the direction of ASSET BANK AGRONEGCIOS's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through ASSET BANK price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

ASSET BANK Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of ASSET BANK AGRONEGCIOS on the next trading day is expected to be 95.30 with a mean absolute deviation of 2.01, mean absolute percentage error of 11.88, and the sum of the absolute errors of 124.43.
Please note that although there have been many attempts to predict ASSET 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 ASSET BANK's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ASSET BANK Fund Forecast Pattern

ASSET BANK Forecasted Value

In the context of forecasting ASSET BANK'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. ASSET BANK's downside and upside margins for the forecasting period are 90.12 and 100.49, respectively. We have considered ASSET BANK'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
97.00
95.30
Expected Value
100.49
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of ASSET BANK fund data series using in forecasting. Note that when a statistical model is used to represent ASSET BANK 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 Criteria122.4233
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0069
MAPEMean absolute percentage error0.022
SAESum of the absolute errors124.4288
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as ASSET BANK AGRONEGCIOS historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for ASSET BANK

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASSET BANK AGRONEGCIOS. 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 ASSET BANK

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

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

ASSET BANK AGRONEGCIOS 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 ASSET BANK'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 ASSET BANK's current price.

ASSET BANK Market Strength Events

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

ASSET BANK Risk Indicators

The analysis of ASSET BANK'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 ASSET BANK's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asset 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.

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