IShares Expanded Etf Forward View - Simple Moving Average
| IGM Etf | USD 120.57 -2.85 -2.31% |
IShares Expanded's Simple Moving Average reference data is generated by applying the model to available daily closing prices. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Moving Average forecasted value of iShares Expanded Tech on the next trading day is expected to be 120.57 with a mean absolute deviation of 1.41 and the sum of the absolute errors of 83.01.The simple moving average model is conceptually a linear regression of the current value of iShares Expanded Tech price series against current and previous (unobserved) value of IShares Expanded. 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 IShares Expanded'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 iShares Expanded Tech on the next trading day is expected to be 120.57 with a mean absolute deviation of 1.41 , mean absolute percentage error of 3.26 , and the sum of the absolute errors of 83.01 .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 Expanded's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Etf Forecast Pattern
| Backtest IShares Expanded | IShares Expanded Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for iShares Expanded Tech uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 119.30 and upside near 121.84.
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 IShares Expanded etf data series using in forecasting. Note that when a statistical model is used to represent IShares Expanded 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 | 115.616 |
| Bias | Arithmetic mean of the errors | 0.2667 |
| MAD | Mean absolute deviation | 1.4069 |
| MAPE | Mean absolute percentage error | 0.0112 |
| SAE | Sum of the absolute errors | 83.005 |
Other Forecasting Options for IShares Expanded
Analyzing IShares Expanded's price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in IShares Expanded's chart can signal overbought or oversold conditions.IShares Expanded Related Equities
These related stocks within the Technology space give benchmarks for judging IShares Expanded's results, margins, and growth trend. Looking at IShares Expanded's pricing multiples next to these peers shows if the stock trades at a premium or discount. Finding which peers are closest to IShares Expanded in business model helps sharpen the comparison.
| Risk & Return | Correlation |
IShares Expanded Market Strength Events
Market strength indicators for IShares Expanded etf provide a framework for assessing security responsiveness. These metrics are widely used to refine market timing and identify favorable moments to trade IShares Expanded.
IShares Expanded Risk Indicators
Assessing IShares Expanded's risk indicators is a critical component of any rigorous approach to forecasting its future price. Forecasting IShares Expanded's future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 0.9933 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 |
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 Expanded
Story coverage around iShares Expanded Tech often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
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A structured review of iShares Expanded Tech begins with its financial statements and overall trends. The dataset reflects IShares Expanded's reporting across available periods.Cross-checking projections for IShares Expanded against Historical Fundamental Analysis of IShares Expanded can provide additional context. IShares Expanded currently shows P/E of 2.07, market cap of 2.3 Billion. Investors get more value from IShares Expanded analysis when it is combined with the construction and diversification tools listed below. The supplemental views below help investors decide how IShares Expanded complements or overlaps with existing portfolio holdings. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Understanding iShares Expanded Tech includes distinguishing between market value and book value, where book value reflects IShares's accounting equity. IShares Expanded's market capitalization is 2.3 B. With a P/B ratio of 4.49, the market values IShares Expanded well above its book equity. Value and price for IShares Expanded are related but not identical, and they can diverge across cycles.
IShares Expanded's estimated value and market price are complementary but separate measures of worth. For IShares Expanded, key inputs include a P/E ratio of 2.07, and a P/B ratio of 4.49.