Bread Financial Stock Forecast - Simple Regression
| A1LL34 Stock | BRL 85.05 1.69 2.03% |
The Simple Regression forecasted value of Bread Financial Holdings on the next trading day is expected to be 81.07 with a mean absolute deviation of 4.86 and the sum of the absolute errors of 296.35. Bread Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bread Financial stock prices and determine the direction of Bread Financial Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bread Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Bread |
Bread Financial Simple Regression Price Forecast For the 29th of November
Given 90 days horizon, the Simple Regression forecasted value of Bread Financial Holdings on the next trading day is expected to be 81.07 with a mean absolute deviation of 4.86, mean absolute percentage error of 36.20, and the sum of the absolute errors of 296.35.Please note that although there have been many attempts to predict Bread Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Bread Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bread Financial Stock Forecast Pattern
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Bread Financial Forecasted Value
In the context of forecasting Bread Financial's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Bread Financial's downside and upside margins for the forecasting period are 77.44 and 84.69, respectively. We have considered Bread Financial's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Bread Financial stock data series using in forecasting. Note that when a statistical model is used to represent Bread Financial 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 | 121.6994 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 4.8581 |
| MAPE | Mean absolute percentage error | 0.0657 |
| SAE | Sum of the absolute errors | 296.3468 |
Predictive Modules for Bread Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bread Financial Holdings. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Bread Financial
For every potential investor in Bread, whether a beginner or expert, Bread Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bread Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bread. Basic forecasting techniques help filter out the noise by identifying Bread Financial's price trends.Bread Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bread Financial stock to make a market-neutral strategy. Peer analysis of Bread Financial could also be used in its relative valuation, which is a method of valuing Bread Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bread Financial Holdings Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Bread Financial's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Bread Financial's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Volume Indicators |
Bread Financial Market Strength Events
Market strength indicators help investors to evaluate how Bread Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bread Financial shares will generate the highest return on investment. By undertsting and applying Bread Financial stock market strength indicators, traders can identify Bread Financial Holdings entry and exit signals to maximize returns.
Bread Financial Risk Indicators
The analysis of Bread Financial's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Bread Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bread stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.97 | |||
| Semi Deviation | 2.94 | |||
| Standard Deviation | 3.54 | |||
| Variance | 12.51 | |||
| Downside Variance | 10.48 | |||
| Semi Variance | 8.63 | |||
| Expected Short fall | (2.06) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Bread Stock
When determining whether Bread Financial Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bread Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bread Financial Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bread Financial Holdings Stock:Check out Historical Fundamental Analysis of Bread Financial to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.