Build Funds Etf Forecast - Polynomial Regression

BFIX Etf  USD 23.12  0.05  0.22%   
The Polynomial Regression forecasted value of Build Funds Trust on the next trading day is expected to be 23.07 with a mean absolute deviation of  0.06  and the sum of the absolute errors of 3.67. Build Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Build Funds stock prices and determine the direction of Build Funds Trust's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Build Funds' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Build Funds to cross-verify your projections.
  

Open Interest Against 2024-05-17 Build Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Build Funds' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Build Funds' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Build Funds stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Build Funds' open interest, investors have to compare it to Build Funds' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Build Funds is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Build. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Build Funds cannot accurately predict what will happen the next trading day because, historically, etf markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Build Funds' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Build Funds' price structures and extracts relationships that further increase the generated results' accuracy.
Build Funds polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Build Funds Trust as well as the accuracy indicators are determined from the period prices.

Build Funds Polynomial Regression Price Forecast For the 24th of April

Given 90 days horizon, the Polynomial Regression forecasted value of Build Funds Trust on the next trading day is expected to be 23.07 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.67.
Please note that although there have been many attempts to predict Build Etf 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 Build Funds' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Build Funds Etf Forecast Pattern

Backtest Build FundsBuild Funds Price PredictionBuy or Sell Advice 

Build Funds Forecasted Value

In the context of forecasting Build Funds' Etf 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. Build Funds' downside and upside margins for the forecasting period are 22.77 and 23.37, respectively. We have considered Build Funds' 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
23.12
23.07
Expected Value
23.37
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 Build Funds etf data series using in forecasting. Note that when a statistical model is used to represent Build Funds etf, 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 Criteria114.7537
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0592
MAPEMean absolute percentage error0.0026
SAESum of the absolute errors3.6676
A single variable polynomial regression model attempts to put a curve through the Build Funds 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 Build Funds

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Build Funds Trust. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Build Funds' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
22.8223.1223.42
Details
Intrinsic
Valuation
LowRealHigh
22.7923.0923.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Build Funds. Your research has to be compared to or analyzed against Build Funds' peers to derive any actionable benefits. When done correctly, Build Funds' 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 Build Funds Trust.

Other Forecasting Options for Build Funds

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

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

Build Funds Trust Technical and Predictive Analytics

The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Build Funds' 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 Build Funds' current price.

Build Funds Market Strength Events

Market strength indicators help investors to evaluate how Build Funds etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Build Funds shares will generate the highest return on investment. By undertsting and applying Build Funds etf market strength indicators, traders can identify Build Funds Trust entry and exit signals to maximize returns.

Build Funds Risk Indicators

The analysis of Build Funds' 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 Build Funds' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting build etf 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Build Funds in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Build Funds' short interest history, or implied volatility extrapolated from Build Funds options trading.

Pair Trading with Build Funds

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Build Funds position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Build Funds will appreciate offsetting losses from the drop in the long position's value.

Moving together with Build Etf

  0.78AA Alcoa Corp Financial Report 17th of July 2024 PairCorr
  0.67AG First Majestic Silver Financial Report 2nd of May 2024 PairCorr
  0.83AU AngloGold Ashanti plc Financial Report 28th of June 2024 PairCorr
  0.77CE Celanese Financial Report 14th of May 2024 PairCorr

Moving against Build Etf

  0.5X United States Steel Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Build Funds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Build Funds when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Build Funds - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Build Funds Trust to buy it.
The correlation of Build Funds is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Build Funds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Build Funds Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Build Funds can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Historical Fundamental Analysis of Build Funds to cross-verify your projections.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Build Funds Trust is measured differently than its book value, which is the value of Build that is recorded on the company's balance sheet. Investors also form their own opinion of Build Funds' value that differs from its market value or its book value, called intrinsic value, which is Build Funds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Build Funds' market value can be influenced by many factors that don't directly affect Build Funds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Build Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Build Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Build Funds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.