Mawer Equity Fund Forecast - Double Exponential Smoothing

0P0000716B  CAD 104.34  0.43  0.41%   
The Double Exponential Smoothing forecasted value of Mawer Equity A on the next trading day is expected to be 104.56 with a mean absolute deviation of 0.51 and the sum of the absolute errors of 30.65. Mawer Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mawer Equity stock prices and determine the direction of Mawer Equity A's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mawer Equity's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Mawer Equity works best with periods where there are trends or seasonality.

Mawer Equity Double Exponential Smoothing Price Forecast For the 4th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Mawer Equity A on the next trading day is expected to be 104.56 with a mean absolute deviation of 0.51, mean absolute percentage error of 0.41, and the sum of the absolute errors of 30.65.
Please note that although there have been many attempts to predict Mawer Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Mawer Equity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mawer Equity Fund Forecast Pattern

Backtest Mawer EquityMawer Equity Price PredictionBuy or Sell Advice 

Mawer Equity Forecasted Value

In the context of forecasting Mawer Equity's Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Mawer Equity's downside and upside margins for the forecasting period are 103.94 and 105.18, respectively. We have considered Mawer Equity's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
104.34
103.94
Downside
104.56
Expected Value
105.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Mawer Equity fund data series using in forecasting. Note that when a statistical model is used to represent Mawer Equity 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 0.077
MADMean absolute deviation0.5108
MAPEMean absolute percentage error0.0052
SAESum of the absolute errors30.646
When Mawer Equity A prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Mawer Equity A trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Mawer Equity observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Mawer Equity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mawer Equity A. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
103.30103.91104.52
Details
Intrinsic
Valuation
LowRealHigh
93.52111.45112.06
Details
Bollinger
Band Projection (param)
LowMiddleHigh
97.30100.91104.52
Details

Other Forecasting Options for Mawer Equity

For every potential investor in Mawer, whether a beginner or expert, Mawer Equity's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mawer Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mawer. Basic forecasting techniques help filter out the noise by identifying Mawer Equity's price trends.

Mawer Equity Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mawer Equity fund to make a market-neutral strategy. Peer analysis of Mawer Equity could also be used in its relative valuation, which is a method of valuing Mawer Equity by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Mawer Equity A Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Mawer Equity's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Mawer Equity's current price.

Mawer Equity Market Strength Events

Market strength indicators help investors to evaluate how Mawer Equity fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mawer Equity shares will generate the highest return on investment. By undertsting and applying Mawer Equity fund market strength indicators, traders can identify Mawer Equity A entry and exit signals to maximize returns.

Mawer Equity Risk Indicators

The analysis of Mawer Equity's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Mawer Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mawer fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
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.

Pair Trading with Mawer Equity

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mawer Equity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mawer Equity will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mawer Fund

  0.950P0000OXA6 PHN Multi StylePairCorr
  0.960P000077P2 RBC DividendPairCorr
  0.970P000071W8 TD Index FundPairCorr
  0.920P0000733H RBC Global TechnologyPairCorr
The ability to find closely correlated positions to Mawer Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mawer Equity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mawer Equity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mawer Equity A to buy it.
The correlation of Mawer Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mawer Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mawer Equity A moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mawer Equity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mawer Fund

Mawer Equity financial ratios help investors to determine whether Mawer Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mawer with respect to the benefits of owning Mawer Equity security.
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