Bridger Aerospace Stock Forecast - Simple Exponential Smoothing
| BAERW Stock | 0.08 0.04 33.33% |
The Simple Exponential Smoothing forecasted value of Bridger Aerospace Group on the next trading day is expected to be 0.09 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.87. Bridger Stock Forecast is based on your current time horizon.
Bridger |
Bridger Aerospace Simple Exponential Smoothing Price Forecast For the 23rd of November
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Bridger Aerospace Group on the next trading day is expected to be 0.09 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 0.87.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
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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 0.0008 and 135.82, 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 Simple Exponential Smoothing 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 | 108.6245 |
| Bias | Arithmetic mean of the errors | -5.0E-4 |
| MAD | Mean absolute deviation | 0.0144 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 0.8661 |
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.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 | ||
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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 | 15.56 | |||
| Semi Deviation | 12.74 | |||
| Standard Deviation | 26.25 | |||
| Variance | 689.05 | |||
| Downside Variance | 310.57 | |||
| Semi Variance | 162.34 | |||
| Expected Short fall | (24.99) |
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 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.