Mawer Global Fund Forecast - Naive Prediction

0P00009XRG  CAD 15.52  0.05  0.32%   
The Naive Prediction forecasted value of Mawer Global Small on the next trading day is expected to be 15.63 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.82. Mawer Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mawer Global stock prices and determine the direction of Mawer Global Small's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mawer Global's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Mawer Global is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Mawer Global Small value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Mawer Global Naive Prediction Price Forecast For the 5th of December

Given 90 days horizon, the Naive Prediction forecasted value of Mawer Global Small on the next trading day is expected to be 15.63 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.82.
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 Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mawer Global Fund Forecast Pattern

Backtest Mawer GlobalMawer Global Price PredictionBuy or Sell Advice 

Mawer Global Forecasted Value

In the context of forecasting Mawer Global'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 Global's downside and upside margins for the forecasting period are 14.86 and 16.41, respectively. We have considered Mawer Global'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
15.52
15.63
Expected Value
16.41
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Mawer Global fund data series using in forecasting. Note that when a statistical model is used to represent Mawer Global 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 Criteria114.3401
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1282
MAPEMean absolute percentage error0.0081
SAESum of the absolute errors7.8182
This model is not at all useful as a medium-long range forecasting tool of Mawer Global Small. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Mawer Global. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Mawer Global

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 Global Small. 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
14.7515.5216.29
Details
Intrinsic
Valuation
LowRealHigh
14.8515.6216.39
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.4115.5115.61
Details

Other Forecasting Options for Mawer Global

For every potential investor in Mawer, whether a beginner or expert, Mawer Global'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 Global's price trends.

Mawer Global 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 Global fund to make a market-neutral strategy. Peer analysis of Mawer Global could also be used in its relative valuation, which is a method of valuing Mawer Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Mawer Global Small 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 Global'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 Global's current price.

Mawer Global Market Strength Events

Market strength indicators help investors to evaluate how Mawer Global 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 Global shares will generate the highest return on investment. By undertsting and applying Mawer Global fund market strength indicators, traders can identify Mawer Global Small entry and exit signals to maximize returns.

Mawer Global Risk Indicators

The analysis of Mawer Global'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 Global'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.

Other Information on Investing in Mawer Fund

Mawer Global 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 Global security.
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