NASDAQ-100 FUND Mutual Fund Forward View - Simple Moving Average
| RYATX Fund | USD 79.42 -1.16 -1.44% |
Nasdaq 100 Fund Class's Simple Moving Average forecast reference data is generated from the equity's historical trading prices. This page presents the model output and associated accuracy measures as reference information.
The Simple Moving Average forecasted value of Nasdaq 100 Fund Class on the next trading day is expected to be 79.42 with a mean absolute deviation of 0.67 and the sum of the absolute errors of 39.30.The simple moving average model is conceptually a linear regression of the current value of Nasdaq 100 Fund Class price series against current and previous (unobserved) value of NASDAQ-100 FUND. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future The Simple Moving Average projections for Nasdaq 100 Fund Class are reference data based on historical daily prices and are provided as informational context. Simple Moving Average Price Forecast For the 21st of March
Given 90 days horizon, the Simple Moving Average forecasted value of Nasdaq 100 Fund Class on the next trading day is expected to be 79.42 with a mean absolute deviation of 0.67 , mean absolute percentage error of 0.69 , and the sum of the absolute errors of 39.30 .Please note that although there have been many attempts to predict NASDAQ-100 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 NASDAQ-100 FUND's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
| Backtest NASDAQ-100 FUND | NASDAQ-100 FUND Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates NASDAQ-100 FUND's predictive range by looking for statistically meaningful downside and upside boundaries. The current forecast range spans downside near 78.48 and upside near 80.36.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of NASDAQ-100 FUND mutual fund data series using in forecasting. Note that when a statistical model is used to represent NASDAQ-100 FUND 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 | 114.0667 |
| Bias | Arithmetic mean of the errors | 0.0868 |
| MAD | Mean absolute deviation | 0.6661 |
| MAPE | Mean absolute percentage error | 0.0082 |
| SAE | Sum of the absolute errors | 39.3 |
Other Forecasting Options for NASDAQ-100 FUND
The price trajectory of NASDAQ-100 is the primary concern for any investor assessing it as an opportunity. NASDAQ-100 Mutual Fund price charts are filled with noise that can easily mislead uninformed investment decisions.NASDAQ-100 FUND Related Equities
The following equities are related to NASDAQ-100 FUND within the Large Growth space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing NASDAQ-100 FUND 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 |
NASDAQ-100 FUND Market Strength Events
Understanding the market strength of NASDAQ-100 FUND mutual fund enables investors to assess the security's momentum and responsiveness to broader market forces. These indicators are essential tools for timing trades in Nasdaq 100 Fund Class with greater precision.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 79.42 | |||
| Day Typical Price | 79.42 | |||
| Price Action Indicator | -0.58 | |||
| Period Momentum Indicator | -1.16 | |||
| Relative Strength Index | 43.4 |
NASDAQ-100 FUND Risk Indicators
Reviewing NASDAQ-100 FUND's basic risk indicators is essential for investors who want to forecast its price and manage their investment risk effectively. This analysis helps identify the amount of risk involved in holding NASDAQ-100 FUND's and informs decisions about hedging and position.
| Mean Deviation | 0.8576 | |||
| Semi Deviation | 1.09 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.45 | |||
| Downside Variance | 1.27 | |||
| Semi Variance | 1.18 | |||
| Expected Short fall | -0.89 |
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 NASDAQ-100 FUND
A coverage review of Nasdaq 100 Fund Class shows when the security is attracting above-average attention from contributors and market observers. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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.