Calian Technologies Stock Forward View - Simple Exponential Smoothing
| CGY Stock | CAD 75.93 -0.73 -0.95% |
This reference page presents Simple Exponential Smoothing forecast data for Calian Technologies. The model output shown here is derived from Calian Technologies's historical price series and is provided for informational purposes.
The Simple Exponential Smoothing forecasted value of Calian Technologies on the next trading day is expected to be 75.93 with a mean absolute deviation of 1.22 and the sum of the absolute errors of 73.12.This simple exponential smoothing model begins by setting Calian Technologies forecast for the second period equal to the observation of the first period. In other words, recent Calian Technologies observations are given relatively more weight in forecasting than the older observations. This Simple Exponential Smoothing forecast data for Calian Technologies is sourced from the most recent available trading data and is intended solely as reference information. Simple Exponential Smoothing Price Forecast For the 21st of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Calian Technologies on the next trading day is expected to be 75.93 with a mean absolute deviation of 1.22 , mean absolute percentage error of 2.47 , and the sum of the absolute errors of 73.12 .Please note that although there have been many attempts to predict Calian 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 Calian Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Calian Technologies | Calian Technologies Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Calian Technologies uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Investors should still remember that no empirical framework consistently proves that one family of forecasting models will outperform all other approaches in live markets.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Calian Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Calian Technologies 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 | 117.1773 |
| Bias | Arithmetic mean of the errors | -0.3313 |
| MAD | Mean absolute deviation | 1.2187 |
| MAPE | Mean absolute percentage error | 0.0178 |
| SAE | Sum of the absolute errors | 73.12 |
Other Forecasting Options for Calian Technologies
For every potential investor in Calian, whether a beginner or expert, Calian Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better.Calian Technologies Related Equities
The following equities are related to Calian Technologies within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Calian Technologies 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 |
Calian Technologies Market Strength Events
Market strength indicators help investors to evaluate how Calian Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Calian Technologies shares will generate the highest return on.
| Accumulation Distribution | 1523.59 | |||
| Daily Balance Of Power | -0.34 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 76.62 | |||
| Day Typical Price | 76.39 | |||
| Price Action Indicator | -1.05 | |||
| Period Momentum Indicator | -0.73 |
Calian Technologies Risk Indicators
The analysis of Calian Technologies' 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 Calian Technologies' investment and either accepting that risk or mitigating it.
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.66 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.8 | |||
| Downside Variance | 3.99 | |||
| Semi Variance | 2.77 | |||
| Expected Short fall | -1.90 |
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 Calian Technologies
Coverage intensity for Calian Technologies matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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Calian Technologies Short Properties
Short sentiment tied to Calian Technologies matters because heavier bearish pressure can change how quickly future price expectations become unstable. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 11.7 M | |
| Cash And Short Term Investments | 46.1 M |
More Resources for Calian Stock Analysis
Other Information on Investing in Calian Stock
Financial ratios highlight how financial values interact within Calian Technologies. Together, they show how profit and cash flow relate to valuation.