Aberdeen Multi Mutual Fund Forecast - Polynomial Regression
GGLIX Fund | USD 13.05 0.03 0.23% |
The Polynomial Regression forecasted value of Aberdeen Multi Cap Equity on the next trading day is expected to be 12.98 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.33. Aberdeen Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aberdeen Multi stock prices and determine the direction of Aberdeen Multi Cap Equity's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aberdeen Multi's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Aberdeen Multi to cross-verify your projections. Aberdeen |
Most investors in Aberdeen Multi cannot accurately predict what will happen the next trading day because, historically, fund 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 Aberdeen Multi's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Aberdeen Multi's price structures and extracts relationships that further increase the generated results' accuracy.
Aberdeen Multi polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Aberdeen Multi Cap Equity as well as the accuracy indicators are determined from the period prices. Aberdeen Multi Polynomial Regression Price Forecast For the 19th of April
Given 90 days horizon, the Polynomial Regression forecasted value of Aberdeen Multi Cap Equity on the next trading day is expected to be 12.98 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.33.Please note that although there have been many attempts to predict Aberdeen 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 Aberdeen Multi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Aberdeen Multi Mutual Fund Forecast Pattern
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Aberdeen Multi Forecasted Value
In the context of forecasting Aberdeen Multi'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. Aberdeen Multi's downside and upside margins for the forecasting period are 12.22 and 13.74, respectively. We have considered Aberdeen Multi'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.
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 Aberdeen Multi mutual fund data series using in forecasting. Note that when a statistical model is used to represent Aberdeen Multi 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.AIC | Akaike Information Criteria | 113.2271 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.071 |
MAPE | Mean absolute percentage error | 0.0053 |
SAE | Sum of the absolute errors | 4.3328 |
Predictive Modules for Aberdeen Multi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aberdeen Multi 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aberdeen Multi's 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.
Other Forecasting Options for Aberdeen Multi
For every potential investor in Aberdeen, whether a beginner or expert, Aberdeen Multi's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Aberdeen Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Aberdeen. Basic forecasting techniques help filter out the noise by identifying Aberdeen Multi's price trends.Aberdeen Multi 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 Aberdeen Multi mutual fund to make a market-neutral strategy. Peer analysis of Aberdeen Multi could also be used in its relative valuation, which is a method of valuing Aberdeen Multi by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Aberdeen Multi 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 Aberdeen Multi'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 Aberdeen Multi's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Aberdeen Multi Market Strength Events
Market strength indicators help investors to evaluate how Aberdeen Multi 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 Aberdeen Multi shares will generate the highest return on investment. By undertsting and applying Aberdeen Multi mutual fund market strength indicators, traders can identify Aberdeen Multi Cap Equity entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 13.05 | |||
Day Typical Price | 13.05 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.03) | |||
Relative Strength Index | 69.58 |
Aberdeen Multi Risk Indicators
The analysis of Aberdeen Multi'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 Aberdeen Multi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aberdeen 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.
Mean Deviation | 0.5784 | |||
Semi Deviation | 0.722 | |||
Standard Deviation | 0.7542 | |||
Variance | 0.5689 | |||
Downside Variance | 0.6539 | |||
Semi Variance | 0.5212 | |||
Expected Short fall | (0.59) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Aberdeen Multi to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.