Pimco Rae Mutual Fund Forecast - Polynomial Regression

Pimco Rae polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Pimco Rae Worldwide as well as the accuracy indicators are determined from the period prices.

Pimco Rae Polynomial Regression Price Forecast For the 21st of September

Given 90 days horizon, the Polynomial Regression forecasted value of Pimco Rae Worldwide on the next trading day is expected to be 8.25 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.98.

Pimco Rae Mutual Fund Forecast Pattern

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Pimco Rae Price Prediction

Buy or Sell Advice

Pimco Rae 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 Pimco Rae mutual fund data series using in forecasting. Note that when a statistical model is used to represent Pimco Rae 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 Pimco Rae 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 Pimco Rae

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pimco Rae Worldwide. 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.

Hype Prediction Low Estimated High 7.61 8.17 8.73 Details

Intrinsic Valuation Low Real High 7.54 8.10 8.66 Details

Bollinger Band Projection (param) Low Middle High 7.78 8.06 8.33 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pimco Rae. Your research has to be compared to or analyzed against Pimco Rae's peers to derive any actionable benefits. When done correctly, Pimco Rae'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 Pimco Rae Worldwide.

Other Forecasting Options for Pimco Rae

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

Pimco Rae Related Equities

Risk & Return

Correlation

Pimco Rae Worldwide 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 Pimco Rae'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 Pimco Rae's current price.

Pimco Rae Market Strength Events

Pimco Rae Risk Indicators

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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