BB Renda Fund Forecast - Simple Regression
| BBRC11 Fund | BRL 107.63 0.58 0.54% |
The Simple Regression forecasted value of BB Renda Corporativa on the next trading day is expected to be 105.47 with a mean absolute deviation of 1.30 and the sum of the absolute errors of 80.37. BBRC11 Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BB Renda stock prices and determine the direction of BB Renda Corporativa's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BB Renda's historical fundamentals, such as revenue growth or operating cash flow patterns.
BBRC11 |
BB Renda Simple Regression Price Forecast For the 29th of November
Given 90 days horizon, the Simple Regression forecasted value of BB Renda Corporativa on the next trading day is expected to be 105.47 with a mean absolute deviation of 1.30, mean absolute percentage error of 2.80, and the sum of the absolute errors of 80.37.Please note that although there have been many attempts to predict BBRC11 Fund 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 BB Renda's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BB Renda Fund Forecast Pattern
| Backtest BB Renda | BB Renda Price Prediction | Buy or Sell Advice |
BB Renda Forecasted Value
In the context of forecasting BB Renda's Fund 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. BB Renda's downside and upside margins for the forecasting period are 104.01 and 106.92, respectively. We have considered BB Renda'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 BB Renda fund data series using in forecasting. Note that when a statistical model is used to represent BB Renda fund, 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 | 120.9776 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.2963 |
| MAPE | Mean absolute percentage error | 0.0118 |
| SAE | Sum of the absolute errors | 80.3721 |
Predictive Modules for BB Renda
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BB Renda Corporativa. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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 BB Renda
For every potential investor in BBRC11, whether a beginner or expert, BB Renda's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BBRC11 Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BBRC11. Basic forecasting techniques help filter out the noise by identifying BB Renda's price trends.BB Renda 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 BB Renda fund to make a market-neutral strategy. Peer analysis of BB Renda could also be used in its relative valuation, which is a method of valuing BB Renda by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BB Renda Corporativa Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BB Renda'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 BB Renda's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BB Renda Market Strength Events
Market strength indicators help investors to evaluate how BB Renda fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BB Renda shares will generate the highest return on investment. By undertsting and applying BB Renda fund market strength indicators, traders can identify BB Renda Corporativa entry and exit signals to maximize returns.
BB Renda Risk Indicators
The analysis of BB Renda'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 BB Renda's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bbrc11 fund 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 | 0.8919 | |||
| Standard Deviation | 1.41 | |||
| Variance | 2.0 |
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.Other Information on Investing in BBRC11 Fund
BB Renda financial ratios help investors to determine whether BBRC11 Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BBRC11 with respect to the benefits of owning BB Renda security.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |