Biglari Holdings Stock Forecast - Naive Prediction
| BH Stock | USD 206.41 2.09 1.00% |
The Naive Prediction forecasted value of Biglari Holdings on the next trading day is expected to be 211.12 with a mean absolute deviation of 3.49 and the sum of the absolute errors of 212.93. Biglari Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Biglari Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Biglari |
Biglari Holdings Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Biglari Holdings' financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 1986-09-30 | Previous Quarter 26.9 M | Current Value 29.9 M | Quarterly Volatility 30.6 M |
Biglari Holdings Naive Prediction Price Forecast For the 25th of November
Given 90 days horizon, the Naive Prediction forecasted value of Biglari Holdings on the next trading day is expected to be 211.12 with a mean absolute deviation of 3.49, mean absolute percentage error of 20.55, and the sum of the absolute errors of 212.93.Please note that although there have been many attempts to predict Biglari 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 Biglari Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Biglari Holdings Stock Forecast Pattern
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Biglari Holdings Forecasted Value
In the context of forecasting Biglari Holdings' 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. Biglari Holdings' downside and upside margins for the forecasting period are 208.99 and 213.25, respectively. We have considered Biglari Holdings' 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 Biglari Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Biglari Holdings 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 | 121.1333 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 3.4906 |
| MAPE | Mean absolute percentage error | 0.0193 |
| SAE | Sum of the absolute errors | 212.9256 |
Predictive Modules for Biglari Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Biglari 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 Biglari Holdings
For every potential investor in Biglari, whether a beginner or expert, Biglari Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Biglari Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Biglari. Basic forecasting techniques help filter out the noise by identifying Biglari Holdings' price trends.Biglari Holdings 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 Biglari Holdings stock to make a market-neutral strategy. Peer analysis of Biglari Holdings could also be used in its relative valuation, which is a method of valuing Biglari Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Biglari 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 Biglari Holdings' 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 Biglari Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Biglari Holdings Market Strength Events
Market strength indicators help investors to evaluate how Biglari Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biglari Holdings shares will generate the highest return on investment. By undertsting and applying Biglari Holdings stock market strength indicators, traders can identify Biglari Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0224 | |||
| Daily Balance Of Power | (0.45) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 206.15 | |||
| Day Typical Price | 206.24 | |||
| Market Facilitation Index | 4.68 | |||
| Price Action Indicator | (0.79) | |||
| Period Momentum Indicator | (2.09) | |||
| Relative Strength Index | 70.86 |
Biglari Holdings Risk Indicators
The analysis of Biglari Holdings' 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 Biglari Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting biglari 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 | 1.51 | |||
| Semi Deviation | 1.36 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.88 | |||
| Downside Variance | 2.67 | |||
| Semi Variance | 1.86 | |||
| Expected Short fall | (1.91) |
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.
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Check out Historical Fundamental Analysis of Biglari Holdings to cross-verify your projections. For more detail on how to invest in Biglari Stock please use our How to Invest in Biglari Holdings guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biglari Holdings. If investors know Biglari will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biglari Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Earnings Share 35.44 | Revenue Per Share 1.3 K | Quarterly Revenue Growth (0.01) | Return On Assets 0.0179 |
The market value of Biglari Holdings is measured differently than its book value, which is the value of Biglari that is recorded on the company's balance sheet. Investors also form their own opinion of Biglari Holdings' value that differs from its market value or its book value, called intrinsic value, which is Biglari Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biglari Holdings' market value can be influenced by many factors that don't directly affect Biglari Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biglari Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Biglari Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biglari Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.