LIVE OAK Mutual Fund Forward View - Polynomial Regression
| LOGSX Fund | USD 23.33 -0.11 -0.47% |
The Polynomial Regression forecast shown here for LIVE OAK is reference data produced from its historical price series. The projected value and error measures below serve as reference information.
The Polynomial Regression forecasted value of Live Oak Health on the next trading day is expected to be 22.83 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.89.A single variable polynomial regression model attempts to put a curve through the LIVE OAK 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 LIVE OAK presents model-generated projections from historical price data for informational purposes. Polynomial Regression Price Forecast For the 28th of March
Given 90 days horizon, the Polynomial Regression forecasted value of Live Oak Health on the next trading day is expected to be 22.83 with a mean absolute deviation of 0.19 , mean absolute percentage error of 0.05 , and the sum of the absolute errors of 11.89 .Please note that although there have been many attempts to predict LIVE 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 LIVE OAK's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
| Backtest LIVE OAK | LIVE OAK Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Live Oak Health uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 21.90 and upside near 23.76.
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 LIVE OAK mutual fund data series using in forecasting. Note that when a statistical model is used to represent LIVE OAK 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 | 117.0435 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1918 |
| MAPE | Mean absolute percentage error | 0.008 |
| SAE | Sum of the absolute errors | 11.8934 |
Other Forecasting Options for LIVE OAK
The distribution of LIVE OAK's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in LIVE OAK's chart that simple price charts miss.LIVE OAK Related Equities
These related stocks within the Health space give benchmarks for judging LIVE OAK's results, margins, and growth trend. Key comparison metrics include price-to-earnings, profit margin, and revenue growth across LIVE OAK's peer group. How LIVE OAK ranks within this group can shift over time as the competitive picture changes.
| Risk & Return | Correlation |
LIVE OAK Market Strength Events
Market strength indicators for LIVE OAK give insight into the mutual fund's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Live Oak Health.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 23.33 | |||
| Day Typical Price | 23.33 | |||
| Price Action Indicator | -0.06 | |||
| Period Momentum Indicator | -0.11 | |||
| Relative Strength Index | 43.17 |
LIVE OAK Risk Indicators
A thorough review of LIVE OAK's risk indicators is an important first step in forecasting its price. Quantifying the risk involved in LIVE OAK's allows investors to make better decisions about entry, sizing, and hedging.
| Mean Deviation | 0.6968 | |||
| Semi Deviation | 0.8424 | |||
| Standard Deviation | 0.9095 | |||
| Variance | 0.8273 | |||
| Downside Variance | 0.8165 | |||
| Semi Variance | 0.7096 | |||
| Expected Short fall | -0.78 |
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 LIVE OAK
Coverage intensity for Live Oak Health matters because narrative visibility can influence sentiment, participation, and volatility around the name. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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.