JANUS MULTI Mutual Fund Forecast - Polynomial Regression

JANUS MULTI polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for JANUS MULTI SECTOR INCOME as well as the accuracy indicators are determined from the period prices.

JANUS MULTI Polynomial Regression Price Forecast For the 30th of May

Given 90 days horizon, the Polynomial Regression forecasted value of JANUS MULTI SECTOR INCOME on the next trading day is expected to be 8.38 with a mean absolute deviation of 0.031095, mean absolute percentage error of 0.001382, and the sum of the absolute errors of 1.90.

JANUS MULTI Mutual Fund Forecast Pattern

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JANUS MULTI 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 JANUS MULTI mutual fund data series using in forecasting. Note that when a statistical model is used to represent JANUS 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. A single variable polynomial regression model attempts to put a curve through the JANUS MULTI 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 JANUS 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 JANUS MULTI-SECTOR INCOME. 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 8.01 8.39 8.77 Details

Intrinsic Valuation Low Real High 8.02 8.40 8.78 Details

Bollinger Band Projection (param) Low Middle High 8.37 8.49 8.61 Details

Other Forecasting Options for JANUS MULTI

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

JANUS MULTI Related Equities

Risk & Return

Correlation

JANUS MULTI-SECTOR INCOME 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 JANUS 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 JANUS MULTI's current price.

JANUS MULTI Risk Indicators

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Our tools can tell you how much better you can do entering a position in JANUS MULTI without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as JANUS MULTI-SECTOR INCOME using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please note, there is a significant difference between JANUS MULTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if JANUS MULTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JANUS MULTI'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. Check out Historical Fundamental Analysis of JANUS MULTI to cross-verify your projections. $(function(){ //alert('JMUDX'); displaySymbolSentimentChart('JMUDX','sentimentChart'); });