Sherwin Williams Stock Forward View - Simple Moving Average
| SHW Stock | USD 303.53 -6.85 -2.21% |
The Simple Moving Average reference data for Sherwin Williams is derived from the equity's published trading history. The resulting forecast and deviation statistics are presented as reference data for informational context. Forecast values and accuracy statistics are presented for informational purposes.
The Simple Moving Average forecasted value of Sherwin Williams Co on the next trading day is expected to be 303.53 with a mean absolute deviation of 4.59 and the sum of the absolute errors of 271.10.The simple moving average model is conceptually a linear regression of the current value of Sherwin Williams Co price series against current and previous (unobserved) value of Sherwin Williams. 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 forecast reference data presented here for Sherwin Williams Co reflects Simple Moving Average model output and is intended as reference material for analytical use. Simple Moving Average Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Moving Average forecasted value of Sherwin Williams Co on the next trading day is expected to be 303.53 with a mean absolute deviation of 4.59 , mean absolute percentage error of 35.27 , and the sum of the absolute errors of 271.10 .Please note that although there have been many attempts to predict Sherwin 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 Sherwin Williams' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Sherwin Williams | Sherwin Williams Price Prediction | Research Analysis |
Forecasted Value
Forecasting Sherwin Williams Co for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 Sherwin Williams stock data series using in forecasting. Note that when a statistical model is used to represent Sherwin Williams 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 | 117.9977 |
| Bias | Arithmetic mean of the errors | 0.5254 |
| MAD | Mean absolute deviation | 4.5949 |
| MAPE | Mean absolute percentage error | 0.0134 |
| SAE | Sum of the absolute errors | 271.1 |
Other Forecasting Options for Sherwin Williams
Fibonacci retracement levels applied to Sherwin Stock price swings identify potential support and resistance zones. Extreme price moves in Sherwin occur more frequently than standard risk models assume. Support and resistance levels derived from Sherwin Williams' historical data identify zones where buying or selling pressure has stalled moves.Sherwin Williams Related Equities
Sherwin Williams's market space within the Materials space is best grasped by looking at the firms listed below. Checking cash flow across this peer set helps gauge Sherwin Williams' relative financial strength. Peer review is most useful when paired with absolute pricing and trend checks. The data below allows side-by-side review across the most common financial metrics.
| Risk & Return | Correlation |
Sherwin Williams Market Strength Events
Tracking market strength indicators for Sherwin Williams provides context for understanding stock momentum dynamics. Tracking these indicators helps identify periods where trading Sherwin Williams is likely to be most rewarding. These tools are essential for timing trades in Sherwin Williams Co with a quantitative framework.
Sherwin Williams Risk Indicators
Properly assessing Sherwin Williams' risk indicators is a prerequisite for building reliable price forecasts. This analysis provides context for determining the appropriate level of risk to accept when holding Sherwin Williams'. Analyzing Sherwin Williams' risk indicators provides a critical input for investment risk management.
| Mean Deviation | 1.17 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.26 |
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 Sherwin Williams
A coverage review of Sherwin Williams Co shows when the security is attracting above-average attention from contributors and market observers. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
Contributor Headline
Latest Perspective From Macroaxis
Sherwin Williams Short Properties
Short-interest signals around Sherwin Williams Co can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 248.8 M | |
| Cash And Short Term Investments | 207.2 M |
Additional Tools for Sherwin Stock Analysis
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |