Jpmorgan Smartretirement Mutual Fund Forecast - Simple Regression

SRJPX Fund  USD 18.88  0.19  1.00%   
The Simple Regression forecasted value of Jpmorgan Smartretirement 2035 on the next trading day is expected to be 19.40 with a mean absolute deviation of  0.12  and the sum of the absolute errors of 7.27. Jpmorgan Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jpmorgan Smartretirement stock prices and determine the direction of Jpmorgan Smartretirement 2035's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jpmorgan Smartretirement's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Jpmorgan Smartretirement to cross-verify your projections.
  
Most investors in Jpmorgan Smartretirement 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 Jpmorgan Smartretirement's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Jpmorgan Smartretirement's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through Jpmorgan Smartretirement price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Jpmorgan Smartretirement Simple Regression Price Forecast For the 17th of April 2024

Given 90 days horizon, the Simple Regression forecasted value of Jpmorgan Smartretirement 2035 on the next trading day is expected to be 19.40 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.27.
Please note that although there have been many attempts to predict Jpmorgan 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 Jpmorgan Smartretirement's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jpmorgan Smartretirement Mutual Fund Forecast Pattern

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Jpmorgan Smartretirement Forecasted Value

In the context of forecasting Jpmorgan Smartretirement'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. Jpmorgan Smartretirement's downside and upside margins for the forecasting period are 18.89 and 19.91, respectively. We have considered Jpmorgan Smartretirement'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
18.88
19.40
Expected Value
19.91
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Jpmorgan Smartretirement mutual fund data series using in forecasting. Note that when a statistical model is used to represent Jpmorgan Smartretirement 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 Criteria114.4093
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1192
MAPEMean absolute percentage error0.0063
SAESum of the absolute errors7.2718
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Jpmorgan Smartretirement 2035 historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Jpmorgan Smartretirement

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jpmorgan Smartretirement. 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 Jpmorgan Smartretirement'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
18.3718.8819.39
Details
Intrinsic
Valuation
LowRealHigh
16.9920.5221.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jpmorgan Smartretirement. Your research has to be compared to or analyzed against Jpmorgan Smartretirement's peers to derive any actionable benefits. When done correctly, Jpmorgan Smartretirement'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 Jpmorgan Smartretirement.

Other Forecasting Options for Jpmorgan Smartretirement

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

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

Jpmorgan Smartretirement 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 Jpmorgan Smartretirement'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 Jpmorgan Smartretirement's current price.

Jpmorgan Smartretirement Market Strength Events

Market strength indicators help investors to evaluate how Jpmorgan Smartretirement 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 Jpmorgan Smartretirement shares will generate the highest return on investment. By undertsting and applying Jpmorgan Smartretirement mutual fund market strength indicators, traders can identify Jpmorgan Smartretirement 2035 entry and exit signals to maximize returns.

Jpmorgan Smartretirement Risk Indicators

The analysis of Jpmorgan Smartretirement'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 Jpmorgan Smartretirement's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jpmorgan 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.

Currently Active Assets on Macroaxis

Check out Historical Fundamental Analysis of Jpmorgan Smartretirement to cross-verify your projections.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Please note, there is a significant difference between Jpmorgan Smartretirement's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jpmorgan Smartretirement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jpmorgan Smartretirement'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.