Transamerica Multi Mutual Fund Forward View - Simple Regression
| TBLIX Fund | USD 34.76 -0.56 -1.59% |
The Simple Regression forecast shown here for Transamerica Multi is reference data produced from the equity's historical price series. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Regression forecasted value of Transamerica Multi Managed Balanced on the next trading day is expected to be 35.83 with a mean absolute deviation of 0.27 and the sum of the absolute errors of 16.73.In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Transamerica Multi Managed Balanced historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. This Simple Regression reference page for Transamerica Multi presents model-generated projections from historical price data for informational purposes. Simple Regression Price Forecast For the 22nd of March
Given 90 days horizon, the Simple Regression forecasted value of Transamerica Multi Managed Balanced on the next trading day is expected to be 35.83 with a mean absolute deviation of 0.27 , mean absolute percentage error of 0.12 , and the sum of the absolute errors of 16.73 .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 Multi'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 Multi | Transamerica Multi Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Transamerica Multi Managed Balanced focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 35.33 and upside near 36.33.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Transamerica Multi mutual fund data series using in forecasting. Note that when a statistical model is used to represent Transamerica Multi 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 | 117.8199 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2698 |
| MAPE | Mean absolute percentage error | 0.0075 |
| SAE | Sum of the absolute errors | 16.7292 |
Other Forecasting Options for Transamerica Multi
Regardless of investment experience, understanding Transamerica Multi's price movement is essential for anyone considering a position in Transamerica. Price charts for Transamerica Mutual Fund are often filled with noise that can lead to poor investment choices if not properly filtered.Transamerica Multi Related Equities
The following equities are related to Transamerica Multi within the Allocation--50% to 70% Equity space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Transamerica Multi 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 |
Transamerica Multi Market Strength Events
Market strength indicators for Transamerica Multi give investors insight into the mutual fund's responsiveness to broader market forces. Tracking these indicators provides context to make informed timing decisions and identify periods where trading Transamerica Multi is likely to be most rewarding.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 34.76 | |||
| Day Typical Price | 34.76 | |||
| Price Action Indicator | -0.28 | |||
| Period Momentum Indicator | -0.56 |
Transamerica Multi Risk Indicators
A thorough review of Transamerica Multi's risk indicators is an important first step in forecasting its price and managing investment exposure. This analysis provides context for determining the appropriate level of risk to accept when holding Transamerica Multi's.
| Mean Deviation | 0.4485 | |||
| Semi Deviation | 0.5272 | |||
| Standard Deviation | 0.835 | |||
| Variance | 0.6973 | |||
| Downside Variance | 0.3281 | |||
| Semi Variance | 0.2779 | |||
| Expected Short fall | -0.53 |
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 Multi
Coverage intensity for Transamerica Multi Managed Balanced matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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