Mawer Global Fund Forecast - 8 Period Moving Average
| MAW120 Fund | 49.42 0.01 0.02% |
Mawer |
Mawer Global 8 Period Moving Average Price Forecast For the 1st of December
Given 90 days horizon, the 8 Period Moving Average forecasted value of Mawer Global Equity on the next trading day is expected to be 49.13 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.26, and the sum of the absolute errors of 23.24.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
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 48.57 and 49.69, 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average 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.| AIC | Akaike Information Criteria | 102.0494 |
| Bias | Arithmetic mean of the errors | -0.0881 |
| MAD | Mean absolute deviation | 0.4385 |
| MAPE | Mean absolute percentage error | 0.009 |
| SAE | Sum of the absolute errors | 23.24 |
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 Equity. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mawer Global. Your research has to be compared to or analyzed against Mawer Global's peers to derive any actionable benefits. When done correctly, Mawer Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mawer Global Equity.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 Equity 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Equity entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 49.42 | |||
| Day Typical Price | 49.42 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 56.06 |
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.
| Mean Deviation | 0.4283 | |||
| Semi Deviation | 0.5007 | |||
| Standard Deviation | 0.5567 | |||
| Variance | 0.3099 | |||
| Downside Variance | 0.319 | |||
| Semi Variance | 0.2507 | |||
| Expected Short fall | (0.45) |
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 Global
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 Global 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 Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Mawer Fund
| 0.63 | 0P00007069 | RBC Portefeuille | PairCorr |
| 0.68 | 0P0000IUYO | Edgepoint Global Por | PairCorr |
| 0.78 | 0P0001FAU8 | TD Comfort Balanced | PairCorr |
| 0.63 | 0P00012UCU | RBC Global Equity | PairCorr |
The ability to find closely correlated positions to Mawer Global 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 Global 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 Global - 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 Global Equity to buy it.
The correlation of Mawer Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mawer Global Equity 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 Global 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.| Global Correlations Find global opportunities by holding instruments from different markets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |