Mawer Canadien Fund Forecast - Polynomial Regression

0P00007173  CAD 101.75  0.17  0.17%   
The Polynomial Regression forecasted value of Mawer Canadien actions on the next trading day is expected to be 102.35 with a mean absolute deviation of 0.51 and the sum of the absolute errors of 30.95. Mawer Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mawer Canadien stock prices and determine the direction of Mawer Canadien actions's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mawer Canadien's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Mawer Canadien polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Mawer Canadien actions as well as the accuracy indicators are determined from the period prices.

Mawer Canadien Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Mawer Canadien actions on the next trading day is expected to be 102.35 with a mean absolute deviation of 0.51, mean absolute percentage error of 0.40, and the sum of the absolute errors of 30.95.
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 Canadien's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mawer Canadien Fund Forecast Pattern

Backtest Mawer CanadienMawer Canadien Price PredictionBuy or Sell Advice 

Mawer Canadien Forecasted Value

In the context of forecasting Mawer Canadien'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 Canadien's downside and upside margins for the forecasting period are 101.84 and 102.86, respectively. We have considered Mawer Canadien'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
101.75
101.84
Downside
102.35
Expected Value
102.86
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression 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.
AICAkaike Information Criteria117.198
BiasArithmetic mean of the errors None
MADMean absolute deviation0.5074
MAPEMean absolute percentage error0.0051
SAESum of the absolute errors30.9532
A single variable polynomial regression model attempts to put a curve through the Mawer Canadien historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

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
LowEstimatedHigh
101.24101.75102.26
Details
Intrinsic
Valuation
LowRealHigh
100.35100.86111.93
Details
Bollinger
Band Projection (param)
LowMiddleHigh
101.66101.80101.94
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

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

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

Mawer Canadien Risk Indicators

The analysis of Mawer Canadien'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 Canadien'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 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.

Moving together with Mawer Fund

  0.950P00007061 RBC Canadian EquityPairCorr
  0.930P0000N468 PHN Canadian EquityPairCorr
  0.890P000070HA CI Global AlphaPairCorr
  0.90P00007138 RBC sciences biologiquesPairCorr

Moving against Mawer Fund

  0.830P000070H9 CI Global HealthPairCorr
  0.640P00009XRG Mawer Global SmallPairCorr
The ability to find closely correlated positions to Mawer Canadien 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 Canadien 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 Canadien - 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 Canadien actions to buy it.
The correlation of Mawer Canadien 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 Canadien moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mawer Canadien actions 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 Canadien 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 Canadien 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 Canadien security.
Bollinger Bands
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Transaction History
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Global Correlations
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