CI 1 Etf Forward View - Simple Moving Average
| BXF Etf | CAD 10.13 -0.07 -0.69% |
This page provides Simple Moving Average reference data for CI 1 5 Year, calculated from historical daily prices. The forecast output and associated deviation metrics are shown for informational use.
The Simple Moving Average forecasted value of CI 1 5 Year on the next trading day is expected to be 10.13 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.91.The simple moving average model is conceptually a linear regression of the current value of CI 1 5 Year price series against current and previous (unobserved) value of CI 1. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future CI 1's Simple Moving Average reference data is provided for informational and analytical purposes and does not constitute a trading recommendation. Simple Moving Average Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Moving Average forecasted value of CI 1 5 Year on the next trading day is expected to be 10.13 with a mean absolute deviation of 0.02 , mean absolute percentage error of 0.0004 , and the sum of the absolute errors of 0.91 .Please note that although there have been many attempts to predict BXF Etf 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 CI 1's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
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Forecasted Value
Forecasting CI 1 5 Year for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. At the moment, the model places downside around 9.93 and upside around 10.33 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of CI 1 etf data series using in forecasting. Note that when a statistical model is used to represent CI 1 etf, 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 | 106.6379 |
| Bias | Arithmetic mean of the errors | 0.0012 |
| MAD | Mean absolute deviation | 0.0154 |
| MAPE | Mean absolute percentage error | 0.0015 |
| SAE | Sum of the absolute errors | 0.91 |
Other Forecasting Options for CI 1
The price movement of BXF is a central concern for all potential investors, regardless of their level of expertise. BXF Etf price charts can be difficult to interpret due to the noise present in the data.CI 1 Related Equities
The following equities are related to CI 1 within the Canadian Short Term Fixed Income space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing CI 1 against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
CI 1 Market Strength Events
Market strength indicators applied to CI 1 etf help investors assess the relative momentum and resilience of the security in different market environments. By using these indicators, traders can make more informed decisions about when to buy or sell CI 1 5 Year.
CI 1 Risk Indicators
Risk indicator analysis for CI 1 is essential for accurately projecting its future price trajectory. By identifying the level of risk embedded in CI 1's investment, investors can make informed decisions about position sizing and risk mitigation.
| Mean Deviation | 0.1448 | |||
| Standard Deviation | 0.1946 | |||
| Variance | 0.0379 |
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 CI 1
A coverage review of CI 1 5 Year shows when the security is attracting above-average attention from contributors and market observers. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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Financial ratios represent how different financial values are linked for CI 1. They summarize how financial performance connects to valuation. It keeps financial comparisons aligned across time frames. The metrics reflect the most recent disclosures available and are intended for reference only.