Virtus Foreign Mutual Fund Forecast - Polynomial Regression

JVXIXDelisted Fund  USD 26.90  0.00  0.00%   
The Polynomial Regression forecasted value of Virtus Foreign Opportunities on the next trading day is expected to be 27.11 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.17. Virtus Mutual Fund Forecast is based on your current time horizon.
  
Virtus Foreign polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Virtus Foreign Opportunities as well as the accuracy indicators are determined from the period prices.

Virtus Foreign Polynomial Regression Price Forecast For the 10th of January

Given 90 days horizon, the Polynomial Regression forecasted value of Virtus Foreign Opportunities on the next trading day is expected to be 27.11 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.17.
Please note that although there have been many attempts to predict Virtus 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 Virtus Foreign's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Virtus Foreign Mutual Fund Forecast Pattern

Backtest Virtus ForeignVirtus Foreign Price PredictionBuy or Sell Advice 

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 Virtus Foreign mutual fund data series using in forecasting. Note that when a statistical model is used to represent Virtus Foreign 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 Criteria114.7774
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1503
MAPEMean absolute percentage error0.006
SAESum of the absolute errors9.1702
A single variable polynomial regression model attempts to put a curve through the Virtus Foreign 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 Virtus Foreign

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtus Foreign Oppor. 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
26.9026.9026.90
Details
Intrinsic
Valuation
LowRealHigh
24.5924.5929.59
Details

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

Virtus Foreign Market Strength Events

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

Virtus Foreign Risk Indicators

The analysis of Virtus Foreign'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 Virtus Foreign's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virtus 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Consideration for investing in Virtus Mutual Fund

If you are still planning to invest in Virtus Foreign Oppor check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Virtus Foreign's history and understand the potential risks before investing.
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