IVY ADVANTUS Mutual Fund Forward View - Polynomial Regression
| IREIX Fund | USD 14.24 0.05 0.35% |
The Polynomial Regression forecast shown here for IVY ADVANTUS is reference data produced from the equity's historical price series. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Polynomial Regression forecasted value of Ivy Advantus Real on the next trading day is expected to be 14.08 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.42.A single variable polynomial regression model attempts to put a curve through the IVY ADVANTUS 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 This Polynomial Regression reference page for IVY ADVANTUS presents model-generated projections from historical price data for informational purposes. Polynomial Regression Price Forecast For the 19th of March
Given 90 days horizon, the Polynomial Regression forecasted value of Ivy Advantus Real on the next trading day is expected to be 14.08 with a mean absolute deviation of 0.17 , mean absolute percentage error of 0.04 , and the sum of the absolute errors of 10.42 .Please note that although there have been many attempts to predict IVY 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 IVY ADVANTUS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
| Backtest IVY ADVANTUS | IVY ADVANTUS Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Ivy Advantus Real focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The projected forecast band currently runs from roughly 13.36 on the downside to about 14.81 on the 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 IVY ADVANTUS mutual fund data series using in forecasting. Note that when a statistical model is used to represent IVY ADVANTUS 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 | 116.6704 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1681 |
| MAPE | Mean absolute percentage error | 0.0123 |
| SAE | Sum of the absolute errors | 10.4221 |
Other Forecasting Options for IVY ADVANTUS
Regardless of investment experience, understanding IVY ADVANTUS's price movement is essential for anyone considering a position in IVY. Price charts for IVY Mutual Fund are often filled with noise that can lead to poor investment choices if not properly filtered.IVY ADVANTUS Related Equities
The following equities are related to IVY ADVANTUS within the Real Estate space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing IVY ADVANTUS against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
IVY ADVANTUS Market Strength Events
Market strength indicators for IVY ADVANTUS give investors insight into the mutual fund's responsiveness to broader market forces. Tracking these indicators helps investors make informed timing decisions and identify periods where trading IVY ADVANTUS is likely to be most rewarding.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 14.24 | |||
| Day Typical Price | 14.24 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.05 | |||
| Relative Strength Index | 57.91 |
IVY ADVANTUS Risk Indicators
A thorough review of IVY ADVANTUS's risk indicators is an important first step in forecasting its price and managing investment exposure. This analysis helps investors determine the appropriate level of risk to accept when holding IVY ADVANTUS's.
| Mean Deviation | 1.0 | |||
| Standard Deviation | 3.27 | |||
| Variance | 10.67 | |||
| Downside Variance | 0.6398 | |||
| Semi Variance | -0.19 | |||
| Expected Short fall | -1.18 |
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 IVY ADVANTUS
The amount of media and story coverage tied to Ivy Advantus Real can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.