Brighthouse Financial Stock Forecast - 20 Period Moving Average
| BHF Stock | USD 51.74 1.29 2.56% |
The 20 Period Moving Average forecasted value of Brighthouse Financial on the next trading day is expected to be 50.07 with a mean absolute deviation of 1.87 and the sum of the absolute errors of 76.50. Brighthouse Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Brighthouse Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Brighthouse |
Open Interest Against 2024-12-20 Brighthouse Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Brighthouse Financial's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Brighthouse Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Brighthouse Financial stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Brighthouse Financial's open interest, investors have to compare it to Brighthouse Financial's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Brighthouse Financial is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Brighthouse. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Brighthouse Financial 20 Period Moving Average Price Forecast For the 23rd of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Brighthouse Financial on the next trading day is expected to be 50.07 with a mean absolute deviation of 1.87, mean absolute percentage error of 4.94, and the sum of the absolute errors of 76.50.Please note that although there have been many attempts to predict Brighthouse 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 Brighthouse Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Brighthouse Financial Stock Forecast Pattern
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Brighthouse Financial Forecasted Value
In the context of forecasting Brighthouse 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. Brighthouse Financial's downside and upside margins for the forecasting period are 47.85 and 52.30, respectively. We have considered Brighthouse 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Brighthouse Financial stock data series using in forecasting. Note that when a statistical model is used to represent Brighthouse 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 | 82.9513 |
| Bias | Arithmetic mean of the errors | -1.8531 |
| MAD | Mean absolute deviation | 1.8659 |
| MAPE | Mean absolute percentage error | 0.0382 |
| SAE | Sum of the absolute errors | 76.5005 |
Predictive Modules for Brighthouse 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 Brighthouse Financial. 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 Brighthouse Financial
For every potential investor in Brighthouse, whether a beginner or expert, Brighthouse Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Brighthouse Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Brighthouse. Basic forecasting techniques help filter out the noise by identifying Brighthouse Financial's price trends.View Brighthouse Financial Related Equities
| Risk & Return | Correlation |
Brighthouse Financial 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 Brighthouse 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 Brighthouse Financial's current price.| Cycle Indicators | ||
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Brighthouse Financial Market Strength Events
Market strength indicators help investors to evaluate how Brighthouse 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 Brighthouse Financial shares will generate the highest return on investment. By undertsting and applying Brighthouse Financial stock market strength indicators, traders can identify Brighthouse Financial entry and exit signals to maximize returns.
| Accumulation Distribution | 10317.61 | |||
| Daily Balance Of Power | 0.6548 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 50.86 | |||
| Day Typical Price | 51.15 | |||
| Price Action Indicator | 1.53 | |||
| Period Momentum Indicator | 1.29 |
Brighthouse Financial Risk Indicators
The analysis of Brighthouse 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 Brighthouse Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brighthouse 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 | 1.39 | |||
| Semi Deviation | 1.65 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.79 | |||
| Downside Variance | 3.52 | |||
| Semi Variance | 2.71 | |||
| Expected Short fall | (1.43) |
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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When determining whether Brighthouse Financial is a strong investment it is important to analyze Brighthouse Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brighthouse Financial's future performance. For an informed investment choice regarding Brighthouse Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Brighthouse Financial to cross-verify your projections. For more detail on how to invest in Brighthouse Stock please use our How to Invest in Brighthouse Financial guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Life & Health Insurance 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 Brighthouse Financial. If investors know Brighthouse 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 Brighthouse Financial 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 (20.13) | Revenue Per Share 77.866 | Quarterly Revenue Growth 0.726 | Return On Assets (0) |
The market value of Brighthouse Financial is measured differently than its book value, which is the value of Brighthouse that is recorded on the company's balance sheet. Investors also form their own opinion of Brighthouse Financial's value that differs from its market value or its book value, called intrinsic value, which is Brighthouse Financial's 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 Brighthouse Financial's market value can be influenced by many factors that don't directly affect Brighthouse Financial's 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 Brighthouse Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brighthouse Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brighthouse Financial's 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.