Transamerica Capital Mutual Fund Forward View
| IALAX Fund | USD 37.80 -0.79 -2.05% |
This reference page presents Naive Prediction forecast data for Transamerica Capital Growth. The projected values and error metrics are presented below as reference information.
The Naive Prediction forecasted value of Transamerica Capital Growth on the next trading day is expected to be 36.19 with a mean absolute deviation of 0.63 and the sum of the absolute errors of 38.59.This model is not at all useful as a medium-long range forecasting tool of Transamerica Capital Growth. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Transamerica Capital. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights. This Naive Prediction forecast data for Transamerica Capital Growth is sourced from the most recent available trading data and is intended solely as reference information. Naive Prediction Price Forecast For the 24th of March
Given 90 days horizon, the Naive Prediction forecasted value of Transamerica Capital Growth on the next trading day is expected to be 36.19 with a mean absolute deviation of 0.63 , mean absolute percentage error of 0.68 , and the sum of the absolute errors of 38.59 .Please note that although there have been many attempts to predict Transamerica Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Transamerica Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
| Backtest Transamerica Capital | Transamerica Capital Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Transamerica Capital Growth uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 34.22 and upside near 38.15.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Transamerica Capital mutual fund data series using in forecasting. Note that when a statistical model is used to represent Transamerica Capital 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.| AIC | Akaike Information Criteria | 117.7281 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6326 |
| MAPE | Mean absolute percentage error | 0.0156 |
| SAE | Sum of the absolute errors | 38.5863 |
Other Forecasting Options for Transamerica Capital
Transamerica Capital's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Transamerica often signals an upcoming reversal or acceleration.Transamerica Capital Related Equities
The stocks listed below are peers of Transamerica Capital within the Large Growth space and offer context for ranking and strength. Return on equity across these peers shows how well each firm turns capital into profit.
| Risk & Return | Correlation |
Transamerica Capital Market Strength Events
Market strength indicators help investors evaluate how Transamerica Capital mutual fund reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Transamerica Capital Growth.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 37.8 | |||
| Day Typical Price | 37.8 | |||
| Price Action Indicator | -0.40 | |||
| Period Momentum Indicator | -0.79 | |||
| Relative Strength Index | 39.63 |
Transamerica Capital Risk Indicators
The analysis of Transamerica Capital's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding Transamerica Capital's allows investors to make informed decisions about their exposure.
| Mean Deviation | 1.55 | |||
| Standard Deviation | 1.98 | |||
| Variance | 3.92 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Transamerica Capital
Story coverage around Transamerica Capital Growth often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.