Perkins Mid Mutual Fund Forecast - Polynomial Regression

JMVIX Fund  USD 16.38  0.60  3.80%   
The Polynomial Regression forecasted value of Perkins Mid Cap on the next trading day is expected to be 15.45 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 17.54. Perkins Mutual Fund Forecast is based on your current time horizon.
  
Perkins Mid polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Perkins Mid Cap as well as the accuracy indicators are determined from the period prices.

Perkins Mid Polynomial Regression Price Forecast For the 21st of December

Given 90 days horizon, the Polynomial Regression forecasted value of Perkins Mid Cap on the next trading day is expected to be 15.45 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.12, and the sum of the absolute errors of 17.54.
Please note that although there have been many attempts to predict Perkins 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 Perkins Mid's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Perkins Mid Mutual Fund Forecast Pattern

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Perkins Mid Forecasted Value

In the context of forecasting Perkins Mid'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. Perkins Mid's downside and upside margins for the forecasting period are 14.08 and 16.81, respectively. We have considered Perkins Mid'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
16.38
15.45
Expected Value
16.81
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 Perkins Mid mutual fund data series using in forecasting. Note that when a statistical model is used to represent Perkins Mid 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 Criteria116.009
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2876
MAPEMean absolute percentage error0.0162
SAESum of the absolute errors17.544
A single variable polynomial regression model attempts to put a curve through the Perkins Mid 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 Perkins Mid

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Perkins Mid Cap. 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
15.0116.3817.75
Details
Intrinsic
Valuation
LowRealHigh
15.2316.6017.97
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.3917.5919.78
Details

Other Forecasting Options for Perkins Mid

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

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

Perkins Mid Cap 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 Perkins Mid'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 Perkins Mid's current price.

Perkins Mid Market Strength Events

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

Perkins Mid Risk Indicators

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

Perkins Mid financial ratios help investors to determine whether Perkins 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 Perkins with respect to the benefits of owning Perkins Mid security.
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