IShares 1 Etf Forward View - Double Exponential Smoothing
| CLG Etf | CAD 17.40 -0.05 -0.29% |
This page provides Double Exponential Smoothing reference data for iShares 1 10Yr Laddered, calculated from historical daily prices. The forecast output and associated deviation metrics are shown for informational use.
The Double Exponential Smoothing forecasted value of iShares 1 10Yr Laddered on the next trading day is expected to be 17.39 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.26.When iShares 1 10Yr Laddered prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any iShares 1 10Yr Laddered trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent IShares 1 observations are given relatively more weight in forecasting than the older observations. IShares 1's Double Exponential Smoothing reference data is provided for informational and analytical purposes and does not constitute a trading recommendation. Double Exponential Smoothing Price Forecast For the 20th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of iShares 1 10Yr Laddered on the next trading day is expected to be 17.39 with a mean absolute deviation of 0.02 , mean absolute percentage error of 0.0008 , and the sum of the absolute errors of 1.26 .Please note that although there have been many attempts to predict IShares 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 IShares 1's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
| Backtest IShares 1 | IShares 1 Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates IShares 1's predictive range by looking for statistically meaningful downside and upside boundaries. At the moment, the model places downside around 17.24 and upside around 17.55 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of IShares 1 etf data series using in forecasting. Note that when a statistical model is used to represent IShares 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0018 |
| MAD | Mean absolute deviation | 0.021 |
| MAPE | Mean absolute percentage error | 0.0012 |
| SAE | Sum of the absolute errors | 1.2576 |
Other Forecasting Options for IShares 1
The price movement of IShares is a central concern for all potential investors, regardless of their level of expertise. IShares Etf price charts can be difficult to interpret due to the noise present in the data.IShares 1 Related Equities
The following equities are related to IShares 1 within the Canadian Fixed Income space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing IShares 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 |
IShares 1 Market Strength Events
Market strength indicators applied to IShares 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 iShares 1 10Yr Laddered.
IShares 1 Risk Indicators
Risk indicator analysis for IShares 1 is essential for accurately projecting its future price trajectory. By identifying the level of risk embedded in IShares 1's investment, investors can make informed decisions about position sizing and risk mitigation.
| Mean Deviation | 0.113 | |||
| Semi Deviation | 0.1059 | |||
| Standard Deviation | 0.1487 | |||
| Variance | 0.0221 | |||
| Downside Variance | 0.0338 | |||
| Semi Variance | 0.0112 | |||
| Expected Short fall | -0.13 |
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 IShares 1
Coverage intensity for iShares 1 10Yr Laddered matters because narrative visibility can influence sentiment, participation, and volatility around the name. A disciplined read of coverage helps investors separate durable relevance from temporary noise.
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Other Information on Investing in IShares Etf
Financial ratios for IShares 1 help frame valuation context across profits, cash flow, and enterprise value. They help compare IShares across valuation measures and peers.