AMERICAN FUNDS Mutual Fund Forecast - Polynomial Regression

AMERICAN FUNDS polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for AMERICAN FUNDS COLLEGE as well as the accuracy indicators are determined from the period prices.

AMERICAN FUNDS Polynomial Regression Price Forecast For the 5th of June

Given 90 days horizon, the Polynomial Regression forecasted value of AMERICAN FUNDS COLLEGE on the next trading day is expected to be 11.32 with a mean absolute deviation of 0.035659, mean absolute percentage error of 0.001887, and the sum of the absolute errors of 2.18.

AMERICAN FUNDS Mutual Fund Forecast Pattern

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AMERICAN FUNDS Price Prediction

Buy or Sell Advice

AMERICAN FUNDS Forecasted Value

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 AMERICAN FUNDS mutual fund data series using in forecasting. Note that when a statistical model is used to represent AMERICAN FUNDS 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. A single variable polynomial regression model attempts to put a curve through the AMERICAN 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 + ... + a_m*X^m

Predictive Modules for AMERICAN 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 AMERICAN FUNDS COLLEGE. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 Low Estimated High 11.07 11.40 11.73 Details

Intrinsic Valuation Low Real High 11.06 11.39 11.72 Details

Bollinger Band Projection (param) Low Middle High 11.28 11.36 11.45 Details

Other Forecasting Options for AMERICAN FUNDS

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

AMERICAN FUNDS Related Equities

Risk & Return

Correlation

AMERICAN FUNDS COLLEGE Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of AMERICAN FUNDS'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 AMERICAN FUNDS's current price.

AMERICAN FUNDS Risk Indicators

Pair Trading with AMERICAN 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 AMERICAN 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 AMERICAN FUNDS will appreciate offsetting losses from the drop in the long position's value.

Complementary Tools for AMERICAN Mutual Fund analysis

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between AMERICAN FUNDS's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMERICAN FUNDS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERICAN FUNDS's 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. $(function(){ //alert('CTSEX'); displaySymbolSentimentChart('CTSEX','sentimentChart'); });