DUNHAM REAL Mutual Fund Forecast - Polynomial Regression

DCREX
 Fund
  

USD 11.53  0.04  0.35%   

DUNHAM Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DUNHAM REAL historical stock prices and determine the direction of DUNHAM REAL ESTATE'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 DUNHAM REAL historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of DUNHAM REAL to cross-verify your projections.
  
Most investors in DUNHAM REAL 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 DUNHAM REAL's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DUNHAM REAL's price structures and extracts relationships that further increase the generated results' accuracy.
DUNHAM REAL polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for DUNHAM REAL ESTATE as well as the accuracy indicators are determined from the period prices.

DUNHAM REAL Polynomial Regression Price Forecast For the 10th of December

Given 90 days horizon, the Polynomial Regression forecasted value of DUNHAM REAL ESTATE on the next trading day is expected to be 11.42 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.03.
Please note that although there have been many attempts to predict DUNHAM 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 DUNHAM REAL's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

DUNHAM REAL Mutual Fund Forecast Pattern

Backtest DUNHAM REALDUNHAM REAL Price PredictionBuy or Sell Advice 

DUNHAM REAL Forecasted Value

In the context of forecasting DUNHAM REAL'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. DUNHAM REAL's downside and upside margins for the forecasting period are 9.25 and 13.59, respectively. We have considered DUNHAM REAL'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 11.53
11.42
Expected Value
13.59
Upside

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 DUNHAM REAL mutual fund data series using in forecasting. Note that when a statistical model is used to represent DUNHAM REAL 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 Criteria115.1528
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1807
MAPEMean absolute percentage error0.016
SAESum of the absolute errors11.0257
A single variable polynomial regression model attempts to put a curve through the DUNHAM REAL 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 + ... + am*Xm

Predictive Modules for DUNHAM REAL

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DUNHAM REAL ESTATE. 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 DUNHAM REAL'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 DUNHAM REAL in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.4011.5713.74
Details
Intrinsic
Valuation
LowReal ValueHigh
9.4211.5913.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.1011.6312.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DUNHAM REAL. Your research has to be compared to or analyzed against DUNHAM REAL's peers to derive any actionable benefits. When done correctly, DUNHAM REAL'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 DUNHAM REAL ESTATE.

Other Forecasting Options for DUNHAM REAL

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

DUNHAM REAL 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 DUNHAM REAL mutual fund to make a market-neutral strategy. Peer analysis of DUNHAM REAL could also be used in its relative valuation, which is a method of valuing DUNHAM REAL by comparing valuation metrics with similar companies.
ATHENA VALUE FUNDSCOR PKBondbloxx ETF TrustFT Cboe VestBondbloxx ETF TrustAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian GoldAramark Holdings
 Risk & Return  Correlation

DUNHAM REAL ESTATE 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 DUNHAM REAL'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 DUNHAM REAL's current price.

DUNHAM REAL Market Strength Events

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

DUNHAM REAL Risk Indicators

The analysis of DUNHAM REAL'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 DUNHAM REAL's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting DUNHAM REAL 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.
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 DUNHAM REAL 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, DUNHAM REAL's short interest history, or implied volatility extrapolated from DUNHAM REAL options trading.

Pair Trading with DUNHAM REAL

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 DUNHAM REAL 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 DUNHAM REAL will appreciate offsetting losses from the drop in the long position's value.

Moving together with DUNHAM REAL

+0.71AXPAmerican Express Sell-off TrendPairCorr
The ability to find closely correlated positions to DUNHAM REAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DUNHAM REAL 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 DUNHAM REAL - 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 DUNHAM REAL ESTATE to buy it.
The correlation of DUNHAM REAL 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 DUNHAM REAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DUNHAM REAL ESTATE 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 DUNHAM REAL 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 DUNHAM REAL to cross-verify your projections. Note that the DUNHAM REAL ESTATE information on this page should be used as a complementary analysis to other DUNHAM REAL'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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Please note, there is a significant difference between DUNHAM REAL's value and its price as these two are different measures arrived at by different means. Investors typically determine DUNHAM REAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DUNHAM REAL'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.