3R Petroleum Stock Forecast - Simple Regression
| BRAV3 Stock | 17.10 0.91 5.05% |
Momentum 68
Buy Stretched
Oversold | Overbought |
Using 3R Petroleum hype-based prediction, you can estimate the value of 3R Petroleum Oleo from the perspective of 3R Petroleum response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of 3R Petroleum Oleo on the next trading day is expected to be 16.29 with a mean absolute deviation of 0.84 and the sum of the absolute errors of 51.36. 3R Petroleum after-hype prediction price | BRL 17.1 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
BRAV3 |
3R Petroleum Additional Predictive Modules
Most predictive techniques to examine BRAV3 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for BRAV3 using various technical indicators. When you analyze BRAV3 charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
3R Petroleum Simple Regression Price Forecast For the 20th of January
Given 90 days horizon, the Simple Regression forecasted value of 3R Petroleum Oleo on the next trading day is expected to be 16.29 with a mean absolute deviation of 0.84, mean absolute percentage error of 1.02, and the sum of the absolute errors of 51.36.Please note that although there have been many attempts to predict BRAV3 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 3R Petroleum's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
3R Petroleum Stock Forecast Pattern
3R Petroleum Forecasted Value
In the context of forecasting 3R Petroleum'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. 3R Petroleum's downside and upside margins for the forecasting period are 13.97 and 18.61, respectively. We have considered 3R Petroleum'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 3R Petroleum stock data series using in forecasting. Note that when a statistical model is used to represent 3R Petroleum 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 | 118.1258 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.842 |
| MAPE | Mean absolute percentage error | 0.057 |
| SAE | Sum of the absolute errors | 51.3602 |
Predictive Modules for 3R Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 3R Petroleum Oleo. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as 3R Petroleum. Your research has to be compared to or analyzed against 3R Petroleum's peers to derive any actionable benefits. When done correctly, 3R Petroleum'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 3R Petroleum Oleo.Other Forecasting Options for 3R Petroleum
For every potential investor in BRAV3, whether a beginner or expert, 3R Petroleum's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BRAV3 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BRAV3. Basic forecasting techniques help filter out the noise by identifying 3R Petroleum's price trends.3R Petroleum 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 3R Petroleum stock to make a market-neutral strategy. Peer analysis of 3R Petroleum could also be used in its relative valuation, which is a method of valuing 3R Petroleum by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
3R Petroleum Oleo 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 3R Petroleum'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 3R Petroleum's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
3R Petroleum Market Strength Events
Market strength indicators help investors to evaluate how 3R Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 3R Petroleum shares will generate the highest return on investment. By undertsting and applying 3R Petroleum stock market strength indicators, traders can identify 3R Petroleum Oleo entry and exit signals to maximize returns.
3R Petroleum Risk Indicators
The analysis of 3R Petroleum'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 3R Petroleum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brav3 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 | 1.78 | |||
| Semi Deviation | 2.5 | |||
| Standard Deviation | 2.49 | |||
| Variance | 6.19 | |||
| Downside Variance | 7.95 | |||
| Semi Variance | 6.24 | |||
| Expected Short fall | (1.75) |
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 BRAV3 Stock Analysis
When running 3R Petroleum's price analysis, check to measure 3R Petroleum'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 3R Petroleum is operating at the current time. Most of 3R Petroleum's value examination focuses on studying past and present price action to predict the probability of 3R Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3R Petroleum's price. Additionally, you may evaluate how the addition of 3R Petroleum to your portfolios can decrease your overall portfolio volatility.