Capital Income Mutual Fund Forecast - Simple Regression
| RIRFX Fund | USD 66.74 0.13 0.20% |
The Simple Regression forecasted value of Capital Income Builder on the next trading day is expected to be 67.30 with a mean absolute deviation of 0.72 and the sum of the absolute errors of 44.21. Capital Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Capital Income stock prices and determine the direction of Capital Income Builder's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Capital Income's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Capital Income to cross-verify your projections. Capital |
Most investors in Capital Income 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 Capital Income's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Capital Income'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 Capital Income 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. Capital Income Simple Regression Price Forecast For the 29th of April
Given 90 days horizon, the Simple Regression forecasted value of Capital Income Builder on the next trading day is expected to be 67.30 with a mean absolute deviation of 0.72, mean absolute percentage error of 0.71, and the sum of the absolute errors of 44.21.Please note that although there have been many attempts to predict Capital 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 Capital Income's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Capital Income Mutual Fund Forecast Pattern
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Capital Income Forecasted Value
In the context of forecasting Capital Income'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. Capital Income's downside and upside margins for the forecasting period are 66.80 and 67.81, respectively. We have considered Capital Income'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Capital Income mutual fund data series using in forecasting. Note that when a statistical model is used to represent Capital Income 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 | 117.7731 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.7247 |
| MAPE | Mean absolute percentage error | 0.0109 |
| SAE | Sum of the absolute errors | 44.2076 |
Predictive Modules for Capital Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capital Me Builder. 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 Capital Income'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 Capital Income
For every potential investor in Capital, whether a beginner or expert, Capital Income's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Capital Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Capital. Basic forecasting techniques help filter out the noise by identifying Capital Income's price trends.Capital Income 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 Capital Income mutual fund to make a market-neutral strategy. Peer analysis of Capital Income could also be used in its relative valuation, which is a method of valuing Capital Income by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Capital Me Builder 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 Capital Income'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 Capital Income's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Capital Income Market Strength Events
Market strength indicators help investors to evaluate how Capital Income 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 Capital Income shares will generate the highest return on investment. By undertsting and applying Capital Income mutual fund market strength indicators, traders can identify Capital Income Builder entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 66.74 | |||
| Day Typical Price | 66.74 | |||
| Price Action Indicator | 0.065 | |||
| Period Momentum Indicator | 0.13 | |||
| Relative Strength Index | 50.41 |
Capital Income Risk Indicators
The analysis of Capital Income'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 Capital Income's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting capital 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 | 0.3679 | |||
| Semi Deviation | 0.4751 | |||
| Standard Deviation | 0.5013 | |||
| Variance | 0.2513 | |||
| Downside Variance | 0.2885 | |||
| Semi Variance | 0.2257 | |||
| Expected Short fall | (0.36) |
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 Capital Income 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, Capital Income's short interest history, or implied volatility extrapolated from Capital Income options trading.
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Check out Historical Fundamental Analysis of Capital Income to cross-verify your projections. Note that the Capital Me Builder information on this page should be used as a complementary analysis to other Capital Income's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.