Bridger Aerospace Stock Forecast - Naive Prediction
| BAER Stock | 1.83 0.07 3.68% |
The Naive Prediction forecasted value of Bridger Aerospace Group on the next trading day is expected to be 2.01 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.12. Bridger Stock Forecast is based on your current time horizon. Although Bridger Aerospace's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Bridger Aerospace's systematic risk associated with finding meaningful patterns of Bridger Aerospace fundamentals over time.
As of today the relative strength index (rsi) of Bridger Aerospace's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.205 | EPS Estimate Next Quarter (0.29) | EPS Estimate Current Year (0.39) | EPS Estimate Next Year (0.17) | Wall Street Target Price 5.25 |
Using Bridger Aerospace hype-based prediction, you can estimate the value of Bridger Aerospace Group from the perspective of Bridger Aerospace response to recently generated media hype and the effects of current headlines on its competitors.
Bridger Aerospace Hype to Price Pattern
Investor biases related to Bridger Aerospace's public news can be used to forecast risks associated with an investment in Bridger. The trend in average sentiment can be used to explain how an investor holding Bridger can time the market purely based on public headlines and social activities around Bridger Aerospace Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Bridger Aerospace's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Bridger Aerospace.
The Naive Prediction forecasted value of Bridger Aerospace Group on the next trading day is expected to be 2.01 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.12. Bridger Aerospace after-hype prediction price | USD 1.83 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Bridger Aerospace to cross-verify your projections. Bridger Aerospace Additional Predictive Modules
Most predictive techniques to examine Bridger price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bridger using various technical indicators. When you analyze Bridger charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bridger Aerospace Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Bridger Aerospace's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2010-12-31 | Previous Quarter 45.2 M | Current Value 24.5 M | Quarterly Volatility 13.5 M |
Bridger Aerospace Naive Prediction Price Forecast For the 3rd of January
Given 90 days horizon, the Naive Prediction forecasted value of Bridger Aerospace Group on the next trading day is expected to be 2.01 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 3.12.Please note that although there have been many attempts to predict Bridger 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 Bridger Aerospace's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bridger Aerospace Stock Forecast Pattern
| Backtest Bridger Aerospace | Bridger Aerospace Price Prediction | Buy or Sell Advice |
Bridger Aerospace Forecasted Value
In the context of forecasting Bridger Aerospace'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. Bridger Aerospace's downside and upside margins for the forecasting period are 0.02 and 5.91, respectively. We have considered Bridger Aerospace'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Bridger Aerospace stock data series using in forecasting. Note that when a statistical model is used to represent Bridger Aerospace 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 | 112.6818 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0512 |
| MAPE | Mean absolute percentage error | 0.0292 |
| SAE | Sum of the absolute errors | 3.1207 |
Predictive Modules for Bridger Aerospace
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bridger Aerospace. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bridger Aerospace's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Bridger Aerospace
For every potential investor in Bridger, whether a beginner or expert, Bridger Aerospace's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bridger Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bridger. Basic forecasting techniques help filter out the noise by identifying Bridger Aerospace's price trends.Bridger Aerospace 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 Bridger Aerospace stock to make a market-neutral strategy. Peer analysis of Bridger Aerospace could also be used in its relative valuation, which is a method of valuing Bridger Aerospace by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bridger Aerospace 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 Bridger Aerospace'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 Bridger Aerospace's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bridger Aerospace Market Strength Events
Market strength indicators help investors to evaluate how Bridger Aerospace stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bridger Aerospace shares will generate the highest return on investment. By undertsting and applying Bridger Aerospace stock market strength indicators, traders can identify Bridger Aerospace Group entry and exit signals to maximize returns.
Bridger Aerospace Risk Indicators
The analysis of Bridger Aerospace'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 Bridger Aerospace's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bridger 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 | 2.97 | |||
| Semi Deviation | 3.31 | |||
| Standard Deviation | 4.03 | |||
| Variance | 16.24 | |||
| Downside Variance | 15.3 | |||
| Semi Variance | 10.98 | |||
| Expected Short fall | (3.67) |
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.
Pair Trading with Bridger Aerospace
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bridger Aerospace position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bridger Aerospace will appreciate offsetting losses from the drop in the long position's value.Moving against Bridger Stock
The ability to find closely correlated positions to Bridger Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridger Aerospace when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bridger Aerospace - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bridger Aerospace Group to buy it.
The correlation of Bridger Aerospace is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bridger Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridger Aerospace moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bridger Aerospace can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bridger Stock Analysis
When running Bridger Aerospace's price analysis, check to measure Bridger Aerospace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bridger Aerospace is operating at the current time. Most of Bridger Aerospace's value examination focuses on studying past and present price action to predict the probability of Bridger Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridger Aerospace's price. Additionally, you may evaluate how the addition of Bridger Aerospace to your portfolios can decrease your overall portfolio volatility.