Brookfield Investments Stock Forecast - Simple Regression

BRN-PA Stock  CAD 25.13  0.13  0.52%   
The Simple Regression forecasted value of Brookfield Investments on the next trading day is expected to be 25.15 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.12. Brookfield Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Brookfield Investments stock prices and determine the direction of Brookfield Investments's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Brookfield Investments' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Brookfield Investments price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Brookfield Investments Simple Regression Price Forecast For the 28th of November

Given 90 days horizon, the Simple Regression forecasted value of Brookfield Investments on the next trading day is expected to be 25.15 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.12.
Please note that although there have been many attempts to predict Brookfield 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 Brookfield Investments' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Brookfield Investments Stock Forecast Pattern

Brookfield Investments Forecasted Value

In the context of forecasting Brookfield Investments' 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. Brookfield Investments' downside and upside margins for the forecasting period are 24.68 and 25.62, respectively. We have considered Brookfield Investments' 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
25.13
25.15
Expected Value
25.62
Upside

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 Brookfield Investments stock data series using in forecasting. Note that when a statistical model is used to represent Brookfield Investments 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 Criteria114.2082
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1167
MAPEMean absolute percentage error0.0047
SAESum of the absolute errors7.1183
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Brookfield Investments historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Brookfield Investments

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brookfield Investments. 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
24.6625.1325.60
Details
Intrinsic
Valuation
LowRealHigh
24.6525.1125.58
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.9025.1325.36
Details

Other Forecasting Options for Brookfield Investments

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

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

Brookfield Investments 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 Brookfield Investments' 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 Brookfield Investments' current price.

Brookfield Investments Market Strength Events

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

Brookfield Investments Risk Indicators

The analysis of Brookfield Investments' 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 Brookfield Investments' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brookfield 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Brookfield Stock

Brookfield Investments financial ratios help investors to determine whether Brookfield Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brookfield with respect to the benefits of owning Brookfield Investments security.