International Stock Mutual Fund Forecast - Polynomial Regression

DISAX Fund  USD 22.79  0.05  0.22%   
The Polynomial Regression forecasted value of International Stock Fund on the next trading day is expected to be 22.67 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.38. International Mutual Fund Forecast is based on your current time horizon.
  
International Stock polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for International Stock Fund as well as the accuracy indicators are determined from the period prices.

International Stock Polynomial Regression Price Forecast For the 26th of December

Given 90 days horizon, the Polynomial Regression forecasted value of International Stock Fund on the next trading day is expected to be 22.67 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.14, and the sum of the absolute errors of 17.38.
Please note that although there have been many attempts to predict International 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 International Stock's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

International Stock Mutual Fund Forecast Pattern

Backtest International StockInternational Stock Price PredictionBuy or Sell Advice 

International Stock Forecasted Value

In the context of forecasting International Stock'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. International Stock's downside and upside margins for the forecasting period are 21.74 and 23.60, respectively. We have considered International Stock'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
22.79
22.67
Expected Value
23.60
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 International Stock mutual fund data series using in forecasting. Note that when a statistical model is used to represent International Stock 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 Criteria116.1119
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2848
MAPEMean absolute percentage error0.0118
SAESum of the absolute errors17.3756
A single variable polynomial regression model attempts to put a curve through the International Stock 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 International Stock

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Stock. 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
21.8522.7823.71
Details
Intrinsic
Valuation
LowRealHigh
22.2123.1424.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as International Stock. Your research has to be compared to or analyzed against International Stock's peers to derive any actionable benefits. When done correctly, International Stock's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in International Stock.

Other Forecasting Options for International Stock

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

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

International Stock 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 International Stock'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 International Stock's current price.

International Stock Market Strength Events

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

International Stock Risk Indicators

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

International Stock financial ratios help investors to determine whether International 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 International with respect to the benefits of owning International Stock security.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios