American Beacon Mutual Fund Forecast - Polynomial Regression

BWLCX Fund  USD 21.39  3.49  14.03%   
The Polynomial Regression forecasted value of American Beacon Bridgeway on the next trading day is expected to be 23.95 with a mean absolute deviation of 0.39 and the sum of the absolute errors of 23.69. American Mutual Fund Forecast is based on your current time horizon.
  
American Beacon polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for American Beacon Bridgeway as well as the accuracy indicators are determined from the period prices.

American Beacon Polynomial Regression Price Forecast For the 21st of December

Given 90 days horizon, the Polynomial Regression forecasted value of American Beacon Bridgeway on the next trading day is expected to be 23.95 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.29, and the sum of the absolute errors of 23.69.
Please note that although there have been many attempts to predict American 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 American Beacon's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American Beacon Mutual Fund Forecast Pattern

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American Beacon Forecasted Value

In the context of forecasting American Beacon'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. American Beacon's downside and upside margins for the forecasting period are 23.10 and 24.80, respectively. We have considered American Beacon'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
21.39
23.95
Expected Value
24.80
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 American Beacon mutual fund data series using in forecasting. Note that when a statistical model is used to represent American Beacon 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 Criteria116.8811
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3883
MAPEMean absolute percentage error0.0154
SAESum of the absolute errors23.6875
A single variable polynomial regression model attempts to put a curve through the American Beacon 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 American Beacon

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Beacon Bridgeway. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Beacon'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
24.0324.8825.73
Details
Intrinsic
Valuation
LowRealHigh
24.2925.1425.99
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.4025.2326.06
Details

Other Forecasting Options for American Beacon

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

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

American Beacon Bridgeway Technical and Predictive Analytics

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

American Beacon Market Strength Events

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

American Beacon Risk Indicators

The analysis of American Beacon'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 American Beacon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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.

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.

Other Information on Investing in American Mutual Fund

American Beacon financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Beacon security.
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