DFA US Mutual Fund Forecast - Simple Regression

DAABX
 Fund
  

USD 16.60  0.44  2.58%   

DAABX Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DFA US historical stock prices and determine the direction of DFA US Sustainability's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of DFA US historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of DFA US to cross-verify your projections.
  
Most investors in DFA US cannot accurately predict what will happen the next trading day because, historically, stock 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 DFA US's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DFA US'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 DFA US 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.

DFA US Simple Regression Price Forecast For the 2nd of December

Given 90 days horizon, the Simple Regression forecasted value of DFA US Sustainability on the next trading day is expected to be 16.64 with a mean absolute deviation of 0.45, mean absolute percentage error of 0.29, and the sum of the absolute errors of 27.70.
Please note that although there have been many attempts to predict DAABX 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 DFA US's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

DFA US Mutual Fund Forecast Pattern

Backtest DFA USDFA US Price PredictionBuy or Sell Advice 

DFA US Forecasted Value

In the context of forecasting DFA US'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. DFA US's downside and upside margins for the forecasting period are 14.87 and 18.41, respectively. We have considered DFA US'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 16.60
16.64
Expected Value
18.41
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 DFA US mutual fund data series using in forecasting. Note that when a statistical model is used to represent DFA US 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 Criteria118.7071
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4468
MAPEMean absolute percentage error0.0289
SAESum of the absolute errors27.7018
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 DFA US Sustainability 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 DFA US

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DFA US Sustainability. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of DFA US'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. Please use the tools below to analyze the current value of DFA US in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
14.8316.6018.37
Details
Intrinsic
Valuation
LowReal ValueHigh
14.6016.3718.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.5016.8617.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DFA US. Your research has to be compared to or analyzed against DFA US's peers to derive any actionable benefits. When done correctly, DFA US's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in DFA US Sustainability.

Other Forecasting Options for DFA US

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

DFA US 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 DFA US mutual fund to make a market-neutral strategy. Peer analysis of DFA US could also be used in its relative valuation, which is a method of valuing DFA US by comparing valuation metrics with similar companies.
MicrosoftAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USAAramark HoldingsVanguard Long-TermSeagate Technology PLCVistra Energy CorpExxon Mobil CorpSignature Bank
 Risk & Return  Correlation

DFA US Sustainability Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of DFA US'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 DFA US's current price.

DFA US Risk Indicators

The analysis of DFA US's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in DFA US's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting DFA US stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in DFA US without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Aroon Oscillator Now

   

Aroon Oscillator

Analyze current equity momentum using Aroon Oscillator and other momentum ratios
All  Next Launch Module

Pair Trading with DFA US

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DFA US position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DFA US will appreciate offsetting losses from the drop in the long position's value.

Moving together with DFA US

+0.98VISVXVANGUARD SMALL-CAP VALUEPairCorr
+0.9VSIIXVANGUARD SMALL-CAP VALUEPairCorr
+0.99DFSVXUS SMALL CAPPairCorr
+1.0DFTPXDFA US TargetPairCorr
The ability to find closely correlated positions to DFA US could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DFA US when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DFA US - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DFA US Sustainability to buy it.
The correlation of DFA US is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DFA US moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DFA US Sustainability moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DFA US can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of DFA US to cross-verify your projections. Note that the DFA US Sustainability information on this page should be used as a complementary analysis to other DFA US'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for DAABX Mutual Fund analysis

When running DFA US Sustainability price analysis, check to measure DFA US's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DFA US is operating at the current time. Most of DFA US's value examination focuses on studying past and present price action to predict the probability of DFA US's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DFA US's price. Additionally, you may evaluate how the addition of DFA US to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Please note, there is a significant difference between DFA US's value and its price as these two are different measures arrived at by different means. Investors typically determine DFA US value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DFA US'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.