Oakmark Select Mutual Fund Forecast - Polynomial Regression

OAKLX
 Fund
  

USD 52.52  0.12  0.23%   

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

Oakmark Select Polynomial Regression Price Forecast For the 29th of June

Given 90 days horizon, the Polynomial Regression forecasted value of Oakmark Select on the next trading day is expected to be 50.02 with a mean absolute deviation of 1.34, mean absolute percentage error of 2.48, and the sum of the absolute errors of 81.61. Please note that although there have been many attempts to predict Oakmark 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 Oakmark Select's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Oakmark Select Mutual Fund Forecast Pattern

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Oakmark Select Forecasted Value

In the context of forecasting Oakmark Select'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. Oakmark Select's downside and upside margins for the forecasting period are 48.10 and 51.94, respectively. We have considered Oakmark Select'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 52.52
50.02
Expected Value
51.94
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 Oakmark Select mutual fund data series using in forecasting. Note that when a statistical model is used to represent Oakmark Select 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 Criteria119.0191
BiasArithmetic mean of the errors None
MADMean absolute deviation1.3378
MAPEMean absolute percentage error0.0243
SAESum of the absolute errors81.6078
A single variable polynomial regression model attempts to put a curve through the Oakmark Select 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 Oakmark Select

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oakmark Select. 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 Oakmark Select'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 Oakmark Select in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
50.8452.7654.68
Details
Intrinsic
Valuation
LowReal ValueHigh
51.3253.2455.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
49.6654.1658.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Oakmark Select. Your research has to be compared to or analyzed against Oakmark Select's peers to derive any actionable benefits. When done correctly, Oakmark Select'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 Oakmark Select.

Other Forecasting Options for Oakmark Select

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

View Currently 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 Oakmark Select mutual fund to make a market-neutral strategy. Peer analysis of Oakmark Select could also be used in its relative valuation, which is a method of valuing Oakmark Select by comparing valuation metrics with similar companies.

Oakmark Select 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 Oakmark Select'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 Oakmark Select's current price.

Oakmark Select Risk Indicators

The analysis of Oakmark Select'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 Oakmark Select's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Oakmark Select 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.

Oakmark Select Investors Sentiment

The influence of Oakmark Select's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Oakmark. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Oakmark Select 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, Oakmark Select's short interest history, or implied volatility extrapolated from Oakmark Select options trading.

Current Sentiment - OAKLX

Oakmark Select Investor Sentiment

Most of Macroaxis users are now bullish on Oakmark Select. What is your perspective on investing in Oakmark Select? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Historical Fundamental Analysis of Oakmark Select to cross-verify your projections. Note that the Oakmark Select information on this page should be used as a complementary analysis to other Oakmark Select'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Oakmark Mutual Fund analysis

When running Oakmark Select price analysis, check to measure Oakmark Select'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 Oakmark Select is operating at the current time. Most of Oakmark Select's value examination focuses on studying past and present price action to predict the probability of Oakmark Select's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oakmark Select's price. Additionally, you may evaluate how the addition of Oakmark Select to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Oakmark Select's value and its price as these two are different measures arrived at by different means. Investors typically determine Oakmark Select value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oakmark Select'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.