IShares SAMPPTSX ETF Forward View - Simple Moving Average
| XBM ETF | CAD 30.33 -1.14 -3.62% |
This page provides Simple Moving Average reference data for iShares SAMPPTSX Global, calculated from historical daily prices. The model output shown here is derived from IShares SAMPPTSX's historical price series and is provided for informational purposes.
The Simple Moving Average forecasted value of iShares SAMPPTSX Global on the next trading day is expected to be 30.33 with a mean absolute deviation of 0.89 and the sum of the absolute errors of 53.45.The simple moving average model is conceptually a linear regression of the current value of iShares SAMPPTSX Global price series against current and previous (unobserved) value of IShares SAMPPTSX. 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 IShares SAMPPTSX is based on available price data and is intended for informational purposes. Simple Moving Average Price Forecast For the 28th of March
Given 90 days horizon, the Simple Moving Average forecasted value of iShares SAMPPTSX Global on the next trading day is expected to be 30.33 with a mean absolute deviation of 0.89 , mean absolute percentage error of 1.23 , and the sum of the absolute errors of 53.45 .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 SAMPPTSX's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ETF Forecast Pattern
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Forecasted Value
Forecasting iShares SAMPPTSX Global for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The projected forecast band currently runs from roughly 27.47 on the downside to about 33.19 on the upside.
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 SAMPPTSX ETF data series using in forecasting. Note that when a statistical model is used to represent IShares SAMPPTSX 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 | 116.4819 |
| Bias | Arithmetic mean of the errors | -0.0183 |
| MAD | Mean absolute deviation | 0.8908 |
| MAPE | Mean absolute percentage error | 0.0265 |
| SAE | Sum of the absolute errors | 53.445 |
Other Forecasting Options for IShares SAMPPTSX
The autocorrelation structure of IShares SAMPPTSX's daily returns reveals whether IShares exhibits momentum, mean-reversion, or random-walk behavior. Separating these elements helps distinguish persistent directional moves from temporary noise in IShares ETF price data.IShares SAMPPTSX Related Equities
Checking IShares SAMPPTSX against related firms within the Natural Resources Equity space helps investors see where the stock stands among peers. Revenue and margin checks across this group help investors set expectations for IShares SAMPPTSX's results.
| Risk & Return | Correlation |
IShares SAMPPTSX Market Strength Events
Market strength indicators applied to IShares SAMPPTSX ETF help assess momentum and resilience across environments. These indicators support informed market timing decisions when analyzing IShares SAMPPTSX.
IShares SAMPPTSX Risk Indicators
Risk indicator analysis for IShares SAMPPTSX is essential for accurately projecting its future price trajectory. The process involves identifying the amount of risk involved in IShares SAMPPTSX's investment and either accepting or mitigating it.
| Mean Deviation | 2.18 | |||
| Semi Deviation | 3.02 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.83 | |||
| Downside Variance | 10.24 | |||
| Semi Variance | 9.11 | |||
| Expected Short fall | -2.05 |
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 SAMPPTSX
A coverage review of iShares SAMPPTSX Global 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.
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Financial ratios represent how different financial values are linked for IShares SAMPPTSX. They reflect how financial results tie into valuation measures.