T ROWE Mutual Fund Forward View - Simple Regression
| TRROX Fund | USD 11.53 -0.02 -0.17% |
The forecast reference data for T ROWE on this page is generated using Simple Regression applied to historical price observations. Projected values and error measures are included as reference material.
The Simple Regression forecasted value of T Rowe Price on the next trading day is expected to be 11.75 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.90.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 T Rowe Price historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. The Simple Regression reference values for T ROWE are derived from publicly available price data and should be used for informational purposes only. Simple Regression Price Forecast For the 21st of March
Given 90 days horizon, the Simple Regression forecasted value of T Rowe Price on the next trading day is expected to be 11.75 with a mean absolute deviation of 0.08 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 4.90 .Please note that although there have been many attempts to predict TRROX 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 T ROWE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
| Backtest T ROWE | T ROWE Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for T Rowe Price uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 T ROWE mutual fund data series using in forecasting. Note that when a statistical model is used to represent T ROWE 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 | 115.3509 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0791 |
| MAPE | Mean absolute percentage error | 0.0068 |
| SAE | Sum of the absolute errors | 4.903 |
Other Forecasting Options for T ROWE
Investors at all stages of experience who consider TRROX must develop an understanding of T ROWE's price dynamics. The noise embedded in TRROX Mutual Fund price charts can create misleading signals and skew investment decisions.T ROWE Related Equities
The following equities are related to T ROWE within the Target-Date 2000-2010 space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing T ROWE 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 |
T ROWE Market Strength Events
Market strength indicators applied to T ROWE mutual fund give investors a structured view of the security's momentum relative to the overall market. Using these indicators, traders can refine their timing when entering or exiting positions in T Rowe Price.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.53 | |||
| Day Typical Price | 11.53 | |||
| Price Action Indicator | -0.01 | |||
| Period Momentum Indicator | -0.02 | |||
| Relative Strength Index | 43.68 |
T ROWE Risk Indicators
Evaluating T ROWE's risk indicators is an important step in accurately forecasting its price and assessing the suitability of an investment. Understanding the risk profile of T ROWE's allows investors to make more informed decisions about position sizing and risk.
| Mean Deviation | 0.2497 | |||
| Semi Deviation | 0.2668 | |||
| Standard Deviation | 0.3683 | |||
| Variance | 0.1356 | |||
| Downside Variance | 0.1508 | |||
| Semi Variance | 0.0712 | |||
| Expected Short fall | -0.29 |
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 T ROWE
Story coverage around T Rowe Price often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
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