SA WORLDWIDE Mutual Fund Forward View - Simple Moving Average
| SAWMX Fund | USD 12.76 -0.13 -1.01% |
This page documents Simple Moving Average forecast output for Sa Worldwide Moderate as reference data. The model is applied to historical closing prices and the resulting projection and error statistics are shown below.
The Simple Moving Average forecasted value of Sa Worldwide Moderate on the next trading day is expected to be 12.82 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.16.The simple moving average model is conceptually a linear regression of the current value of Sa Worldwide Moderate price series against current and previous (unobserved) value of SA WORLDWIDE. 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 The Simple Moving Average reference information for SA WORLDWIDE is based on available price data and is intended for informational purposes. Simple Moving Average Price Forecast For the 21st of March
Given 90 days horizon, the Simple Moving Average forecasted value of Sa Worldwide Moderate on the next trading day is expected to be 12.82 with a mean absolute deviation of 0.07 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 4.16 .Please note that although there have been many attempts to predict SAWMX Mutual Fund 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 SA WORLDWIDE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
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Forecasted Value
The next-day forecast for Sa Worldwide Moderate focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 12.20 and upside around 13.45 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 SA WORLDWIDE mutual fund data series using in forecasting. Note that when a statistical model is used to represent SA WORLDWIDE mutual fund, 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 | 109.7246 |
| Bias | Arithmetic mean of the errors | -0.0136 |
| MAD | Mean absolute deviation | 0.0705 |
| MAPE | Mean absolute percentage error | 0.0054 |
| SAE | Sum of the absolute errors | 4.16 |
Other Forecasting Options for SA WORLDWIDE
Any investor evaluating SAWMX must grapple with the challenge of interpreting SA WORLDWIDE's price movement accurately. SAWMX Mutual Fund price charts typically contain substantial noise that can complicate analysis and lead to poor decisions.SA WORLDWIDE Related Equities
The following equities are related to SA WORLDWIDE within the World Allocation space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing SA WORLDWIDE 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 |
SA WORLDWIDE Market Strength Events
Market strength indicators for SA WORLDWIDE assess how the mutual fund responds to ongoing changes in market conditions and investor sentiment. By monitoring these indicators, investors can identify the most opportune moments to trade Sa Worldwide Moderate.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 12.76 | |||
| Day Typical Price | 12.76 | |||
| Price Action Indicator | -0.07 | |||
| Period Momentum Indicator | -0.13 | |||
| Relative Strength Index | 42.9 |
SA WORLDWIDE Risk Indicators
Risk indicator analysis for SA WORLDWIDE is a critical component of accurate price forecasting and sound investment decision-making. By identifying how much risk is embedded in SA WORLDWIDE's investment, investors can decide how to position and protect their exposure.
| Mean Deviation | 0.4022 | |||
| Semi Deviation | 0.386 | |||
| Standard Deviation | 0.603 | |||
| Variance | 0.3636 | |||
| Downside Variance | 0.3431 | |||
| Semi Variance | 0.149 | |||
| Expected Short fall | -0.43 |
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 SA WORLDWIDE
The amount of media and story coverage tied to Sa Worldwide Moderate can signal where market attention is concentrating at the moment. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.