Qs Small Mutual Fund Forecast - Polynomial Regression

LMSIX Fund  USD 15.40  0.12  0.79%   
The Polynomial Regression forecasted value of Qs Small Capitalization on the next trading day is expected to be 15.49 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.93. LMSIX Mutual Fund Forecast is based on your current time horizon.
  
Qs Small polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Qs Small Capitalization as well as the accuracy indicators are determined from the period prices.

Qs Small Polynomial Regression Price Forecast For the 13th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Qs Small Capitalization on the next trading day is expected to be 15.49 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.08, and the sum of the absolute errors of 13.93.
Please note that although there have been many attempts to predict LMSIX 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 Qs Small's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Qs Small Mutual Fund Forecast Pattern

Backtest Qs SmallQs Small Price PredictionBuy or Sell Advice 

Qs Small Forecasted Value

In the context of forecasting Qs Small'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. Qs Small's downside and upside margins for the forecasting period are 14.23 and 16.74, respectively. We have considered Qs Small'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
15.40
15.49
Expected Value
16.74
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 Qs Small mutual fund data series using in forecasting. Note that when a statistical model is used to represent Qs Small 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 Criteria117.4113
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2247
MAPEMean absolute percentage error0.0151
SAESum of the absolute errors13.9334
A single variable polynomial regression model attempts to put a curve through the Qs Small 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 Qs Small

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qs Small Capitalization. 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
14.0415.3216.60
Details
Intrinsic
Valuation
LowRealHigh
13.9715.2516.53
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.1315.5315.93
Details

Other Forecasting Options for Qs Small

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

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

Qs Small Capitalization 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 Qs Small'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 Qs Small's current price.

Qs Small Market Strength Events

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

Qs Small Risk Indicators

The analysis of Qs Small'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 Qs Small's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lmsix 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 LMSIX Mutual Fund

Qs Small financial ratios help investors to determine whether LMSIX 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 LMSIX with respect to the benefits of owning Qs Small security.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity