Mawer Balanced Fund Forecast - Simple Regression

0P0000714D  CAD 37.35  0.08  0.21%   
The Simple Regression forecasted value of Mawer Balanced on the next trading day is expected to be 37.19 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 10.96. Mawer Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mawer Balanced stock prices and determine the direction of Mawer Balanced's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mawer Balanced's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Mawer Balanced price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Mawer Balanced Simple Regression Price Forecast For the 28th of November

Given 90 days horizon, the Simple Regression forecasted value of Mawer Balanced on the next trading day is expected to be 37.19 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.04, and the sum of the absolute errors of 10.96.
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 Balanced's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mawer Balanced Fund Forecast Pattern

Backtest Mawer BalancedMawer Balanced Price PredictionBuy or Sell Advice 

Mawer Balanced Forecasted Value

In the context of forecasting Mawer Balanced'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 Balanced's downside and upside margins for the forecasting period are 36.85 and 37.53, respectively. We have considered Mawer Balanced'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
37.35
37.19
Expected Value
37.53
Upside

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 Mawer Balanced fund data series using in forecasting. Note that when a statistical model is used to represent Mawer Balanced 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 Criteria114.9844
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1796
MAPEMean absolute percentage error0.0049
SAESum of the absolute errors10.9553
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 Mawer 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.

Predictive Modules for Mawer Balanced

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 Balanced. 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
37.0137.3537.69
Details
Intrinsic
Valuation
LowRealHigh
36.8737.2137.55
Details
Bollinger
Band Projection (param)
LowMiddleHigh
36.5437.0137.48
Details

Other Forecasting Options for Mawer Balanced

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

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

Mawer Balanced 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 Balanced'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 Balanced's current price.

Mawer Balanced Market Strength Events

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

Mawer Balanced Risk Indicators

The analysis of Mawer Balanced'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 Balanced'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 Balanced

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 Balanced 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 Balanced will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mawer Fund

  0.850P0000706A RBC Select BalancedPairCorr
  0.970P0001FAU8 TD Comfort BalancedPairCorr
The ability to find closely correlated positions to Mawer Balanced 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 Balanced 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 Balanced - 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 Balanced to buy it.
The correlation of Mawer Balanced 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 Balanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mawer Balanced 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 Balanced 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 Balanced 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 Balanced security.
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