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American Beacon Mutual Fund Forecast - Polynomial Regression

AM
AMDRX -- USA Fund  

USD 9.71  0.55  6.00%

American Beacon Mutual Fund Forecast is based on your current time horizon. Investors can use this prediction interface to forecast American Beacon historic stock prices and determine the direction of American Beacon Mid Cap Value F future trends based on various well-known forecasting models. However, looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of American Beacon historical fundamentals such as revenue growth or operating cash flow patterns. Please continue to Historical Fundamental Analysis of American Beacon to cross-verify your projections.
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American Beacon polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for American Beacon Mid Cap Value F as well as the accuracy indicators are determined from the period prices.
Given 30 days horizon, the forecasted value of American Beacon Mid Cap Value F on the next trading day is expected to be  8.20  with a mean absolute deviation of  0.84 , mean absolute percentage error of  1.10 , and the sum of the absolute errors of  51.48 
 8.20 

American Beacon Mutual Fund Forecast Pattern

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American Beacon Forecasted Value

Market Value
9.71
7th of April 2020
8.20
Expected Value
23.52
Upside

Model Predictive Factors

AICAkaike Information Criteria118.2046
BiasArithmetic mean of the errors None
MADMean absolute deviation0.844
MAPEMean absolute percentage error0.0705
SAESum of the absolute errors51.484
A single variable polynomial regression model attempts to put a curve through the American Beacon 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

Volatility Measures

American Beacon Risk Indicators

Current Sentiment - AMDRX

American Beacon Mid Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in American Beacon Mid Cap Value F. What is your sentiment towards investing in American Beacon Mid Cap Value F? Are you bullish or bearish?
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American Beacon Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for American Beacon and JPMorgan Mid Cap. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to Historical Fundamental Analysis of American Beacon to cross-verify your projections. Please also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.
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