Broad Capital Stock Forecast - Triple Exponential Smoothing

BRAC Stock  USD 11.72  0.05  0.43%   
The Triple Exponential Smoothing forecasted value of Broad Capital Acquisition on the next trading day is expected to be 11.73 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.97. Broad Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Broad Capital stock prices and determine the direction of Broad Capital Acquisition's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Broad Capital's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Payables Turnover is expected to grow to 5.95, whereas Asset Turnover is forecasted to decline to 0.01. . The current year's Common Stock Shares Outstanding is expected to grow to about 9.3 M, whereas Net Loss is forecasted to decline to (409.8 K).
Triple exponential smoothing for Broad Capital - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Broad Capital prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Broad Capital price movement. However, neither of these exponential smoothing models address any seasonality of Broad Capital Acquisition.

Broad Capital Triple Exponential Smoothing Price Forecast For the 14th of December 2024

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Broad Capital Acquisition on the next trading day is expected to be 11.73 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 0.97.
Please note that although there have been many attempts to predict Broad 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 Broad Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Broad Capital Stock Forecast Pattern

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Broad Capital Forecasted Value

In the context of forecasting Broad Capital'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. Broad Capital's downside and upside margins for the forecasting period are 11.42 and 12.04, respectively. We have considered Broad Capital'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.
Market Value
11.72
11.73
Expected Value
12.04
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Broad Capital stock data series using in forecasting. Note that when a statistical model is used to represent Broad Capital 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0048
MADMean absolute deviation0.0164
MAPEMean absolute percentage error0.0014
SAESum of the absolute errors0.966
As with simple exponential smoothing, in triple exponential smoothing models past Broad Capital observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Broad Capital Acquisition observations.

Predictive Modules for Broad Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Broad Capital Acquisition. 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.
Hype
Prediction
LowEstimatedHigh
11.4111.7212.03
Details
Intrinsic
Valuation
LowRealHigh
11.3111.6211.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Broad Capital. Your research has to be compared to or analyzed against Broad Capital's peers to derive any actionable benefits. When done correctly, Broad Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Broad Capital Acquisition.

Other Forecasting Options for Broad Capital

For every potential investor in Broad, whether a beginner or expert, Broad Capital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Broad Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Broad. Basic forecasting techniques help filter out the noise by identifying Broad Capital's price trends.

Broad Capital 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 Broad Capital stock to make a market-neutral strategy. Peer analysis of Broad Capital could also be used in its relative valuation, which is a method of valuing Broad Capital by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Broad Capital Acquisition 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 Broad Capital'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 Broad Capital's current price.

Broad Capital Market Strength Events

Market strength indicators help investors to evaluate how Broad Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Broad Capital shares will generate the highest return on investment. By undertsting and applying Broad Capital stock market strength indicators, traders can identify Broad Capital Acquisition entry and exit signals to maximize returns.

Broad Capital Risk Indicators

The analysis of Broad Capital'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 Broad Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting broad 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.
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.
When determining whether Broad Capital Acquisition is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Broad Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Broad Capital Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Broad Capital Acquisition Stock:
Check out Historical Fundamental Analysis of Broad Capital to cross-verify your projections.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Asset Management & Custody Banks 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 Broad Capital. If investors know Broad 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 Broad Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.21)
Return On Assets
(0.04)
The market value of Broad Capital Acquisition is measured differently than its book value, which is the value of Broad that is recorded on the company's balance sheet. Investors also form their own opinion of Broad Capital's value that differs from its market value or its book value, called intrinsic value, which is Broad Capital'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 Broad Capital's market value can be influenced by many factors that don't directly affect Broad Capital'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 Broad Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broad Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broad Capital'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.