Basic Materials Mutual Fund Forecast - Simple Regression

Basic Materials Additional Predictive Modules

Most predictive techniques to examine Basic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Basic using various technical indicators. When you analyze Basic charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Simple Regression model is a single variable regression model that attempts to put a straight line through Basic Materials 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.

Basic Materials Simple Regression Price Forecast For the 25th of January

Given 90 days horizon, the Simple Regression forecasted value of Basic Materials Fund on the next trading day is expected to be 86.48 with a mean absolute deviation of 2.35, mean absolute percentage error of 7.98, and the sum of the absolute errors of 145.62.

Basic Materials Mutual Fund Forecast Pattern

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Basic Materials Price Prediction

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Basic Materials Forecasted Value

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 Basic Materials mutual fund data series using in forecasting. Note that when a statistical model is used to represent Basic Materials 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. 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 Basic Materials Fund 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 Basic Materials

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Basic Materials. 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 80.52 107.00 108.74 Details

Intrinsic Valuation Low Real High 80.52 95.96 97.70 Details

Bollinger Band Projection (param) Low Middle High 63.27 77.12 90.97 Details

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

Basic Materials After-Hype Price Prediction Density Analysis

Basic Materials Estimiated After-Hype Price Volatility

Basic Materials Mutual Fund Price Prediction Analysis

Basic Materials Hype Timeline

Basic Materials is at this time traded for 89.47. The entity has historical hype elasticity of 0.42, and average elasticity to hype of competition of 5.29. Basic is forecasted to increase in value after the next headline, with the price projected to jump to 107.0 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 19.59%, whereas the daily expected return is at this time at 0.55%. The volatility of related hype on Basic Materials is about 18.1%, with the expected price after the next announcement by competition of 94.76. Debt can assist Basic Materials until it has trouble settling it off, either with new capital or with free cash flow. So, Basic Materials' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Basic Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Basic to invest in growth at high rates of return. When we think about Basic Materials' use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next forecasted press release will be very soon. Check out Historical Fundamental Analysis of Basic Materials to cross-verify your projections.

Basic Materials Related Hype Analysis

Other Forecasting Options for Basic Materials

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

Basic Materials Related Equities

Risk & Return

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Basic Materials Risk Indicators

Story Coverage note for Basic Materials

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Other Information on Investing in Basic Mutual Fund