Mawer Canadien Fund Forecast - Double Exponential Smoothing

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 Canadien works best with periods where there are trends or seasonality.

Mawer Canadien Double Exponential Smoothing Price Forecast For the 1st of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Mawer Canadien actions on the next trading day is expected to be 103.16 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.28, and the sum of the absolute errors of 23.96.

Mawer Canadien Fund Forecast Pattern

Backtest Mawer Canadien

Mawer Canadien Price Prediction

Buy or Sell Advice

Mawer Canadien Forecasted Value

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 Canadien fund data series using in forecasting. Note that when a statistical model is used to represent Mawer Canadien 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. When Mawer Canadien actions 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 Canadien actions 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 Canadien observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Mawer Canadien

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 Canadien actions. 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 Low Estimated High 102.43 102.91 103.39 Details

Intrinsic Valuation Low Real High 87.51 87.99 113.20 Details

Bollinger Band Projection (param) Low Middle High 100.02 101.82 103.62 Details

Other Forecasting Options for Mawer Canadien

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

Mawer Canadien Related Equities

Risk & Return

Correlation

Mawer Canadien actions 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 Canadien'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 Canadien's current price.

Mawer Canadien Market Strength Events

Mawer Canadien Risk Indicators

Pair Trading with Mawer Canadien

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

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