George Weston Stock Forward View - Polynomial Regression
| WN Stock | CAD 103.00 3.28 3.29% |
George Stock outlook is based on your current time horizon. Although George Weston's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of George Weston's systematic risk associated with finding meaningful patterns of George Weston fundamentals over time.
As of today, The value of RSI of George Weston's share price is at 55. This entails that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling George Weston, making its price go up or down. Momentum 55
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 43.251 | EPS Estimate Next Quarter 1.2225 | EPS Estimate Current Year 4.4813 | EPS Estimate Next Year 4.9171 | Wall Street Target Price 102.875 |
Using George Weston hype-based prediction, you can estimate the value of George Weston Limited from the perspective of George Weston response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of George Weston Limited on the next trading day is expected to be 104.03 with a mean absolute deviation of 0.82 and the sum of the absolute errors of 51.15. George Weston after-hype prediction price | CAD 103.02 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
George |
George Weston Additional Predictive Modules
Most predictive techniques to examine George price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for George using various technical indicators. When you analyze George charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
George Weston Polynomial Regression Price Forecast For the 25th of February
Given 90 days horizon, the Polynomial Regression forecasted value of George Weston Limited on the next trading day is expected to be 104.03 with a mean absolute deviation of 0.82, mean absolute percentage error of 1.35, and the sum of the absolute errors of 51.15.Please note that although there have been many attempts to predict George Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that George Weston's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
George Weston Stock Forecast Pattern
| Backtest George Weston | George Weston Price Prediction | Research Analysis |
George Weston Forecasted Value
In the context of forecasting George Weston's Stock 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. George Weston's downside and upside margins for the forecasting period are 102.92 and 105.14, respectively. We have considered George Weston'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of George Weston stock data series using in forecasting. Note that when a statistical model is used to represent George Weston stock, 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 | 120.2469 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.825 |
| MAPE | Mean absolute percentage error | 0.0084 |
| SAE | Sum of the absolute errors | 51.1482 |
Predictive Modules for George Weston
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as George Weston Limited. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of George Weston's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
George Weston After-Hype Price Density Analysis
As far as predicting the price of George Weston at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in George Weston or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of George Weston, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
George Weston Estimiated After-Hype Price Volatility
In the context of predicting George Weston's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on George Weston's historical news coverage. George Weston's after-hype downside and upside margins for the prediction period are 102.00 and 104.04, respectively. We have considered George Weston's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
George Weston is very steady at this time. Analysis and calculation of next after-hype price of George Weston Limited is based on 3 months time horizon.
George Weston Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as George Weston is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading George Weston backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with George Weston, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.12 | 1.11 | 0.04 | 0.03 | 8 Events / Month | 2 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
103.00 | 103.02 | 0.02 |
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George Weston Hype Timeline
George Weston Limited is at this time traded for 103.00on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of 0.03. George is anticipated to increase in value after the next headline, with the price projected to jump to 103.02 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.02%, whereas the daily expected return is at this time at 0.12%. The volatility of related hype on George Weston is about 528.57%, with the expected price after the next announcement by competition of 103.03. The company reported the revenue of 61.61 B. Net Income was 1.36 B with profit before overhead, payroll, taxes, and interest of 21.05 B. Assuming the 90 days horizon the next anticipated press release will be in about 8 days. Check out Historical Fundamental Analysis of George Weston to cross-verify your projections.George Weston Related Hype Analysis
Having access to credible news sources related to George Weston's direct competition is more important than ever and may enhance your ability to predict George Weston's future price movements. Getting to know how George Weston's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how George Weston may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EMP-A | Empire Company Limited | 0.01 | 3 per month | 0.00 | (0.06) | 3.03 | (1.88) | 11.60 | |
| L | Loblaw Companies Limited | 0.21 | 9 per month | 0.69 | 0.11 | 2.53 | (1.44) | 5.96 | |
| TPX-B | Molson Coors Canada | 0.73 | 4 per month | 1.95 | 0.02 | 3.78 | (3.29) | 8.93 | |
| NWC | North West | 0.20 | 4 per month | 1.09 | 0.15 | 2.43 | (1.74) | 7.13 | |
| MRU | Metro Inc | 1.51 | 6 per month | 1.33 | (0.03) | 1.83 | (1.77) | 7.31 | |
| SAP | Saputo Inc | (0.86) | 9 per month | 0.92 | 0.08 | 2.28 | (1.55) | 6.39 | |
| PESO | Pesorama | 0.00 | 5 per month | 3.97 | 0.11 | 7.14 | (5.56) | 27.99 | |
| PBH | Premium Brands Holdings | 0.07 | 8 per month | 1.29 | 0.12 | 2.93 | (1.56) | 11.56 | |
| MFI | Maple Leaf Foods | 0.16 | 4 per month | 0.86 | 0.12 | 2.49 | (1.85) | 6.01 | |
| JWEL | Jamieson Wellness | 0.07 | 8 per month | 0.80 | 0.07 | 2.56 | (1.43) | 4.77 |
Other Forecasting Options for George Weston
For every potential investor in George, whether a beginner or expert, George Weston's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. George Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in George. Basic forecasting techniques help filter out the noise by identifying George Weston's price trends.George Weston 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 George Weston stock to make a market-neutral strategy. Peer analysis of George Weston could also be used in its relative valuation, which is a method of valuing George Weston by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
George Weston Market Strength Events
Market strength indicators help investors to evaluate how George Weston stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading George Weston shares will generate the highest return on investment. By undertsting and applying George Weston stock market strength indicators, traders can identify George Weston Limited entry and exit signals to maximize returns.
George Weston Risk Indicators
The analysis of George Weston'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 George Weston's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting george stock 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 | 0.8375 | |||
| Semi Deviation | 0.8435 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.26 | |||
| Downside Variance | 1.02 | |||
| Semi Variance | 0.7115 | |||
| Expected Short fall | (0.91) |
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.
Story Coverage note for George Weston
The number of cover stories for George Weston depends on current market conditions and George Weston's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that George Weston is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about George Weston's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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George Weston Short Properties
George Weston's future price predictability will typically decrease when George Weston's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of George Weston Limited often depends not only on the future outlook of the potential George Weston's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. George Weston's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 398.7 M | |
| Cash And Short Term Investments | 2.7 B |
Other Information on Investing in George Stock
George Weston financial ratios help investors to determine whether George Stock 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 George with respect to the benefits of owning George Weston security.