Tiaa-cref Equity Mutual Fund Forecast - Polynomial Regression

TINRX Fund  USD 36.27  0.46  1.25%   
The Polynomial Regression forecasted value of Tiaa Cref Equity Index on the next trading day is expected to be 36.54 with a mean absolute deviation of  0.20  and the sum of the absolute errors of 12.00. Tiaa-cref Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tiaa-cref Equity stock prices and determine the direction of Tiaa Cref Equity Index's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tiaa-cref Equity's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Tiaa-cref Equity to cross-verify your projections.
  
Most investors in Tiaa-cref Equity 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 Tiaa-cref Equity's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Tiaa-cref Equity's price structures and extracts relationships that further increase the generated results' accuracy.
Tiaa-cref Equity polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Tiaa Cref Equity Index as well as the accuracy indicators are determined from the period prices.

Tiaa-cref Equity Polynomial Regression Price Forecast For the 17th of April 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Tiaa Cref Equity Index on the next trading day is expected to be 36.54 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.06, and the sum of the absolute errors of 12.00.
Please note that although there have been many attempts to predict Tiaa-cref 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 Tiaa-cref Equity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tiaa-cref Equity Mutual Fund Forecast Pattern

Backtest Tiaa-cref EquityTiaa-cref Equity Price PredictionBuy or Sell Advice 

Tiaa-cref Equity Forecasted Value

In the context of forecasting Tiaa-cref Equity'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. Tiaa-cref Equity's downside and upside margins for the forecasting period are 35.78 and 37.30, respectively. We have considered Tiaa-cref Equity'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
36.27
36.54
Expected Value
37.30
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 Tiaa-cref Equity mutual fund data series using in forecasting. Note that when a statistical model is used to represent Tiaa-cref Equity 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 Criteria115.2602
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1967
MAPEMean absolute percentage error0.0054
SAESum of the absolute errors12.0004
A single variable polynomial regression model attempts to put a curve through the Tiaa-cref Equity 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 Tiaa-cref Equity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tiaa Cref Equity. 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 Tiaa-cref Equity'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.
Hype
Prediction
LowEstimatedHigh
35.5136.2737.03
Details
Intrinsic
Valuation
LowRealHigh
35.4536.2136.97
Details
Bollinger
Band Projection (param)
LowMiddleHigh
36.5837.2938.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tiaa-cref Equity. Your research has to be compared to or analyzed against Tiaa-cref Equity's peers to derive any actionable benefits. When done correctly, Tiaa-cref Equity's 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 Tiaa Cref Equity.

Other Forecasting Options for Tiaa-cref Equity

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

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

Tiaa Cref Equity 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 Tiaa-cref Equity'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 Tiaa-cref Equity's current price.

Tiaa-cref Equity Market Strength Events

Market strength indicators help investors to evaluate how Tiaa-cref Equity 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 Tiaa-cref Equity shares will generate the highest return on investment. By undertsting and applying Tiaa-cref Equity mutual fund market strength indicators, traders can identify Tiaa Cref Equity Index entry and exit signals to maximize returns.

Tiaa-cref Equity Risk Indicators

The analysis of Tiaa-cref Equity'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 Tiaa-cref Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tiaa-cref 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.
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 Tiaa-cref Equity 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, Tiaa-cref Equity's short interest history, or implied volatility extrapolated from Tiaa-cref Equity options trading.

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Check out Historical Fundamental Analysis of Tiaa-cref Equity to cross-verify your projections.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between Tiaa-cref Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tiaa-cref Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tiaa-cref Equity'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.