Brookline Bancorp Stock Forecast - Naive Prediction
| BRKL Stock | USD 12.60 0.34 2.77% |
The Naive Prediction forecasted value of Brookline Bancorp on the next trading day is expected to be 12.09 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 13.78. Brookline Stock Forecast is based on your current time horizon. Although Brookline Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Brookline Bancorp's systematic risk associated with finding meaningful patterns of Brookline Bancorp fundamentals over time.
Brookline |
Brookline Bancorp Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Brookline Bancorp's financial statements, predicting their influence on future market prices.
Cash | First Reported 1998-06-30 | Previous Quarter 343.1 M | Current Value 82.2 M | Quarterly Volatility 82.9 M |
Brookline Bancorp Naive Prediction Price Forecast For the 26th of November
Given 90 days horizon, the Naive Prediction forecasted value of Brookline Bancorp on the next trading day is expected to be 12.09 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.07, and the sum of the absolute errors of 13.78.Please note that although there have been many attempts to predict Brookline 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 Brookline Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Brookline Bancorp Stock Forecast Pattern
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Brookline Bancorp Forecasted Value
In the context of forecasting Brookline Bancorp'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. Brookline Bancorp's downside and upside margins for the forecasting period are 9.98 and 14.20, respectively. We have considered Brookline Bancorp'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Brookline Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Brookline Bancorp 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 | 115.4751 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2258 |
| MAPE | Mean absolute percentage error | 0.0209 |
| SAE | Sum of the absolute errors | 13.776 |
Predictive Modules for Brookline Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brookline Bancorp. 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 Brookline Bancorp
For every potential investor in Brookline, whether a beginner or expert, Brookline Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Brookline Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Brookline. Basic forecasting techniques help filter out the noise by identifying Brookline Bancorp's price trends.View Brookline Bancorp Related Equities
| Risk & Return | Correlation |
Brookline Bancorp 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 Brookline Bancorp'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 Brookline Bancorp's current price.| Cycle Indicators | ||
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Brookline Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Brookline Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brookline Bancorp shares will generate the highest return on investment. By undertsting and applying Brookline Bancorp stock market strength indicators, traders can identify Brookline Bancorp entry and exit signals to maximize returns.
Brookline Bancorp Risk Indicators
The analysis of Brookline Bancorp'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 Brookline Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brookline 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 | 1.43 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.61 | |||
| Downside Variance | 2.11 | |||
| Semi Variance | 1.22 | |||
| Expected Short fall | (1.70) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Brookline Bancorp to cross-verify your projections. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional 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 Brookline Bancorp. If investors know Brookline 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 Brookline Bancorp 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 (0.12) | Dividend Share 0.54 | Earnings Share 0.83 | Revenue Per Share 3.754 | Quarterly Revenue Growth (0.02) |
The market value of Brookline Bancorp is measured differently than its book value, which is the value of Brookline that is recorded on the company's balance sheet. Investors also form their own opinion of Brookline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Brookline Bancorp'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 Brookline Bancorp's market value can be influenced by many factors that don't directly affect Brookline Bancorp'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 Brookline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookline Bancorp'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.