Kirr Marbach Mutual Fund Forecast - Simple Regression

KMVAX Fund  USD 33.10  0.56  1.72%   
The Simple Regression forecasted value of Kirr Marbach Partners on the next trading day is expected to be 33.63 with a mean absolute deviation of 1.03 and the sum of the absolute errors of 62.70. Kirr Mutual Fund Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Kirr Marbach price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Kirr Marbach Simple Regression Price Forecast For the 7th of January

Given 90 days horizon, the Simple Regression forecasted value of Kirr Marbach Partners on the next trading day is expected to be 33.63 with a mean absolute deviation of 1.03, mean absolute percentage error of 1.31, and the sum of the absolute errors of 62.70.
Please note that although there have been many attempts to predict Kirr 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 Kirr Marbach's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kirr Marbach Mutual Fund Forecast Pattern

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Kirr Marbach Forecasted Value

In the context of forecasting Kirr Marbach'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. Kirr Marbach's downside and upside margins for the forecasting period are 32.22 and 35.03, respectively. We have considered Kirr Marbach'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
33.10
33.63
Expected Value
35.03
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Kirr Marbach mutual fund data series using in forecasting. Note that when a statistical model is used to represent Kirr Marbach 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 Criteria118.3791
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0279
MAPEMean absolute percentage error0.03
SAESum of the absolute errors62.6996
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Kirr Marbach Partners historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Kirr Marbach

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kirr Marbach Partners. 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
31.7033.1034.50
Details
Intrinsic
Valuation
LowRealHigh
31.9033.3034.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kirr Marbach. Your research has to be compared to or analyzed against Kirr Marbach's peers to derive any actionable benefits. When done correctly, Kirr Marbach'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 Kirr Marbach Partners.

Other Forecasting Options for Kirr Marbach

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

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

Kirr Marbach Partners 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 Kirr Marbach'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 Kirr Marbach's current price.

Kirr Marbach Market Strength Events

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

Kirr Marbach Risk Indicators

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

Kirr Marbach financial ratios help investors to determine whether Kirr 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 Kirr with respect to the benefits of owning Kirr Marbach security.
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