Tocqueville International Mutual Fund Forecast - Simple Regression

TIVFX Fund  USD 17.94  0.04  0.22%   
The Simple Regression forecasted value of The Tocqueville International on the next trading day is expected to be 17.73 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 11.09. Tocqueville 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 Tocqueville International 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.

Tocqueville International Simple Regression Price Forecast For the 15th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of The Tocqueville International on the next trading day is expected to be 17.73 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.09.
Please note that although there have been many attempts to predict Tocqueville 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 Tocqueville International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tocqueville International Mutual Fund Forecast Pattern

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Tocqueville International Forecasted Value

In the context of forecasting Tocqueville International'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. Tocqueville International's downside and upside margins for the forecasting period are 17.04 and 18.42, respectively. We have considered Tocqueville International'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
17.94
17.73
Expected Value
18.42
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 Tocqueville International mutual fund data series using in forecasting. Note that when a statistical model is used to represent Tocqueville International 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 Criteria115.1095
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1818
MAPEMean absolute percentage error0.0101
SAESum of the absolute errors11.0882
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 The Tocqueville International 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 Tocqueville International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tocqueville International. 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
17.2517.9418.63
Details
Intrinsic
Valuation
LowRealHigh
17.3118.0018.69
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.5117.9418.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tocqueville International. Your research has to be compared to or analyzed against Tocqueville International's peers to derive any actionable benefits. When done correctly, Tocqueville International'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 Tocqueville International.

Other Forecasting Options for Tocqueville International

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

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

Tocqueville International 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 Tocqueville International'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 Tocqueville International's current price.

Tocqueville International Market Strength Events

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

Tocqueville International Risk Indicators

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

Tocqueville International financial ratios help investors to determine whether Tocqueville 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 Tocqueville with respect to the benefits of owning Tocqueville International security.
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