CF3 FUNDO Fund Forecast - Polynomial Regression

CFII11 Fund   1,000.00  0.00  0.00%   
The Polynomial Regression forecasted value of CF3 FUNDO DE on the next trading day is expected to be 982.93 with a mean absolute deviation of 11.66 and the sum of the absolute errors of 711.00. Investors can use prediction functions to forecast CF3 FUNDO's fund prices and determine the direction of CF3 FUNDO DE's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
  
CF3 FUNDO polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CF3 FUNDO DE as well as the accuracy indicators are determined from the period prices.

CF3 FUNDO Polynomial Regression Price Forecast For the 5th of March

Given 90 days horizon, the Polynomial Regression forecasted value of CF3 FUNDO DE on the next trading day is expected to be 982.93 with a mean absolute deviation of 11.66, mean absolute percentage error of 238.83, and the sum of the absolute errors of 711.00.
Please note that although there have been many attempts to predict CF3 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 CF3 FUNDO's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CF3 FUNDO Fund Forecast Pattern

CF3 FUNDO Forecasted Value

In the context of forecasting CF3 FUNDO'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. CF3 FUNDO's downside and upside margins for the forecasting period are 981.82 and 984.04, respectively. We have considered CF3 FUNDO'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
1,000.00
981.82
Downside
982.93
Expected Value
984.04
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 CF3 FUNDO fund data series using in forecasting. Note that when a statistical model is used to represent CF3 FUNDO 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 Criteria123.5862
BiasArithmetic mean of the errors None
MADMean absolute deviation11.6558
MAPEMean absolute percentage error0.0122
SAESum of the absolute errors711.0022
A single variable polynomial regression model attempts to put a curve through the CF3 FUNDO 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 CF3 FUNDO

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CF3 FUNDO DE. 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 CF3 FUNDO

For every potential investor in CF3, whether a beginner or expert, CF3 FUNDO's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CF3 Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CF3. Basic forecasting techniques help filter out the noise by identifying CF3 FUNDO's price trends.

CF3 FUNDO 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 CF3 FUNDO fund to make a market-neutral strategy. Peer analysis of CF3 FUNDO could also be used in its relative valuation, which is a method of valuing CF3 FUNDO by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CF3 FUNDO DE 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 CF3 FUNDO'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 CF3 FUNDO's current price.

CF3 FUNDO Market Strength Events

Market strength indicators help investors to evaluate how CF3 FUNDO fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CF3 FUNDO shares will generate the highest return on investment. By undertsting and applying CF3 FUNDO fund market strength indicators, traders can identify CF3 FUNDO DE entry and exit signals to maximize returns.

CF3 FUNDO Risk Indicators

The analysis of CF3 FUNDO'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 CF3 FUNDO's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cf3 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.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets