Vy Jpmorgan Mutual Fund Forecast - Polynomial Regression

IJSIX Fund  USD 16.50  0.70  4.07%   
The Polynomial Regression forecasted value of Vy Jpmorgan Small on the next trading day is expected to be 16.80 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 15.03. IJSIX Mutual Fund Forecast is based on your current time horizon.
  
Vy Jpmorgan polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Vy Jpmorgan Small as well as the accuracy indicators are determined from the period prices.

Vy Jpmorgan Polynomial Regression Price Forecast For the 20th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Vy Jpmorgan Small on the next trading day is expected to be 16.80 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.09, and the sum of the absolute errors of 15.03.
Please note that although there have been many attempts to predict IJSIX 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 Vy Jpmorgan's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Vy Jpmorgan Mutual Fund Forecast Pattern

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Vy Jpmorgan Forecasted Value

In the context of forecasting Vy Jpmorgan'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. Vy Jpmorgan's downside and upside margins for the forecasting period are 15.56 and 18.03, respectively. We have considered Vy Jpmorgan'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
16.50
16.80
Expected Value
18.03
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 Vy Jpmorgan mutual fund data series using in forecasting. Note that when a statistical model is used to represent Vy Jpmorgan 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 Criteria117.5327
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2424
MAPEMean absolute percentage error0.0142
SAESum of the absolute errors15.0267
A single variable polynomial regression model attempts to put a curve through the Vy Jpmorgan 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 Vy Jpmorgan

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vy Jpmorgan Small. 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
15.3716.5017.63
Details
Intrinsic
Valuation
LowRealHigh
15.5316.6617.79
Details

Other Forecasting Options for Vy Jpmorgan

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

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

Vy Jpmorgan Small 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 Vy Jpmorgan'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 Vy Jpmorgan's current price.

Vy Jpmorgan Market Strength Events

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

Vy Jpmorgan Risk Indicators

The analysis of Vy Jpmorgan'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 Vy Jpmorgan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ijsix 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 IJSIX Mutual Fund

Vy Jpmorgan financial ratios help investors to determine whether IJSIX 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 IJSIX with respect to the benefits of owning Vy Jpmorgan security.
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