Community Reinvestment Mutual Fund Forecast - Polynomial Regression

CRAIX Fund  USD 9.49  0.01  0.11%   
The Polynomial Regression forecasted value of Community Reinvestment Act on the next trading day is expected to be 9.56 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.29. Community Mutual Fund Forecast is based on your current time horizon.
  
Community Reinvestment polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Community Reinvestment Act as well as the accuracy indicators are determined from the period prices.

Community Reinvestment Polynomial Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Community Reinvestment Act on the next trading day is expected to be 9.56 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0006, and the sum of the absolute errors of 1.29.
Please note that although there have been many attempts to predict Community 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 Community Reinvestment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Community Reinvestment Mutual Fund Forecast Pattern

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Community Reinvestment Forecasted Value

In the context of forecasting Community Reinvestment'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. Community Reinvestment's downside and upside margins for the forecasting period are 9.32 and 9.79, respectively. We have considered Community Reinvestment'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
9.49
9.56
Expected Value
9.79
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 Community Reinvestment mutual fund data series using in forecasting. Note that when a statistical model is used to represent Community Reinvestment 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 Criteria112.513
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0208
MAPEMean absolute percentage error0.0022
SAESum of the absolute errors1.2881
A single variable polynomial regression model attempts to put a curve through the Community Reinvestment 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 Community Reinvestment

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Community Reinvestment. 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.
Hype
Prediction
LowEstimatedHigh
9.259.499.73
Details
Intrinsic
Valuation
LowRealHigh
8.5410.3510.59
Details

Other Forecasting Options for Community Reinvestment

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

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

Community Reinvestment 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 Community Reinvestment'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 Community Reinvestment's current price.

Community Reinvestment Market Strength Events

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

Community Reinvestment Risk Indicators

The analysis of Community Reinvestment'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 Community Reinvestment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting community 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 Community Mutual Fund

Community Reinvestment financial ratios help investors to determine whether Community 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 Community with respect to the benefits of owning Community Reinvestment security.
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