Brookstone Active Etf Forecast - Triple Exponential Smoothing
| BAMA Etf | 34.31 0.13 0.38% |
The Triple Exponential Smoothing forecasted value of Brookstone Active ETF on the next trading day is expected to be 34.33 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.62. Brookstone Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Brookstone Active stock prices and determine the direction of Brookstone Active ETF's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Brookstone Active's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the relative strength momentum indicator of Brookstone Active's share price is below 20 suggesting that the etf is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Brookstone Active hype-based prediction, you can estimate the value of Brookstone Active ETF from the perspective of Brookstone Active response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of Brookstone Active ETF on the next trading day is expected to be 34.33 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.62. Brookstone Active after-hype prediction price | USD 34.3 |
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 etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Brookstone Active Additional Predictive Modules
Most predictive techniques to examine Brookstone price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Brookstone using various technical indicators. When you analyze Brookstone 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 |
Brookstone Active Triple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Brookstone Active ETF on the next trading day is expected to be 34.33 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.04, and the sum of the absolute errors of 8.62.Please note that although there have been many attempts to predict Brookstone Etf 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 Brookstone Active's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Brookstone Active Etf Forecast Pattern
| Backtest Brookstone Active | Brookstone Active Price Prediction | Buy or Sell Advice |
Brookstone Active Forecasted Value
In the context of forecasting Brookstone Active's Etf 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. Brookstone Active's downside and upside margins for the forecasting period are 33.84 and 34.82, respectively. We have considered Brookstone Active'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Brookstone Active etf data series using in forecasting. Note that when a statistical model is used to represent Brookstone Active etf, 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0203 |
| MAD | Mean absolute deviation | 0.1437 |
| MAPE | Mean absolute percentage error | 0.0043 |
| SAE | Sum of the absolute errors | 8.6234 |
Predictive Modules for Brookstone Active
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brookstone Active ETF. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Brookstone Active After-Hype Price Prediction Density Analysis
As far as predicting the price of Brookstone Active at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Brookstone Active or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Brookstone Active, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Brookstone Active Estimiated After-Hype Price Volatility
In the context of predicting Brookstone Active's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Brookstone Active's historical news coverage. Brookstone Active's after-hype downside and upside margins for the prediction period are 33.81 and 34.79, respectively. We have considered Brookstone Active's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Brookstone Active is very steady at this time. Analysis and calculation of next after-hype price of Brookstone Active ETF is based on 3 months time horizon.
Brookstone Active Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as Brookstone Active is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Brookstone Active backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Brookstone Active, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 0.49 | 0.01 | 0.00 | 7 Events / Month | 3 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
34.31 | 34.30 | 0.03 |
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Brookstone Active Hype Timeline
Brookstone Active ETF is currently traded for 34.31. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Brookstone is expected to decline in value after the next headline, with the price expected to drop to 34.3. The average volatility of media hype impact on the company price is about 140.0%. The price decrease on the next news is expected to be -0.03%, whereas the daily expected return is currently at 0.02%. The volatility of related hype on Brookstone Active is about 49000.0%, with the expected price after the next announcement by competition of 34.31. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in about 7 days. Check out Historical Fundamental Analysis of Brookstone Active to cross-verify your projections.Brookstone Active Related Hype Analysis
Having access to credible news sources related to Brookstone Active's direct competition is more important than ever and may enhance your ability to predict Brookstone Active's future price movements. Getting to know how Brookstone Active's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Brookstone Active may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BAMO | Brookstone Opportunities ETF | (0.01) | 2 per month | 0.31 | (0.14) | 0.54 | (0.58) | 1.93 | |
| ARP | Advisors Inner Circle | (0.03) | 8 per month | 0.64 | 0.02 | 1.25 | (1.23) | 4.02 | |
| QVOY | Ultimus Managers Trust | 0.05 | 2 per month | 1.75 | (0.06) | 1.57 | (2.24) | 9.20 | |
| ITDD | iShares Trust | 0.01 | 1 per month | 0.48 | (0.08) | 0.77 | (0.86) | 2.16 | |
| BAMY | Brookstone Yield ETF | 0.02 | 3 per month | 0.00 | (0.17) | 0.54 | (0.36) | 1.47 | |
| AFSM | First Trust Active | 0.60 | 6 per month | 0.73 | 0.05 | 1.79 | (1.57) | 4.11 | |
| ITAN | Alpha Architect ETF | (0.49) | 4 per month | 0.72 | 0.06 | 1.67 | (1.54) | 4.11 | |
| RSMV | Listed Funds Trust | (0.01) | 1 per month | 0.51 | (0.04) | 1.01 | (1.06) | 2.96 | |
| IHY | VanEck International High | (0.05) | 3 per month | 0.03 | (0.29) | 0.41 | (0.37) | 0.93 | |
| OCTT | AIM ETF Products | (0.08) | 2 per month | 0.44 | (0.12) | 0.66 | (0.92) | 2.50 |
Other Forecasting Options for Brookstone Active
For every potential investor in Brookstone, whether a beginner or expert, Brookstone Active's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Brookstone Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Brookstone. Basic forecasting techniques help filter out the noise by identifying Brookstone Active's price trends.Brookstone Active 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 Brookstone Active etf to make a market-neutral strategy. Peer analysis of Brookstone Active could also be used in its relative valuation, which is a method of valuing Brookstone Active by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Brookstone Active Market Strength Events
Market strength indicators help investors to evaluate how Brookstone Active etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brookstone Active shares will generate the highest return on investment. By undertsting and applying Brookstone Active etf market strength indicators, traders can identify Brookstone Active ETF entry and exit signals to maximize returns.
| Accumulation Distribution | 1.88 | |||
| Daily Balance Of Power | 4.333333 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 34.3 | |||
| Day Typical Price | 34.3 | |||
| Price Action Indicator | 0.08 | |||
| Period Momentum Indicator | 0.13 |
Brookstone Active Risk Indicators
The analysis of Brookstone Active'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 Brookstone Active's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brookstone etf 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 | 0.3682 | |||
| Semi Deviation | 0.4446 | |||
| Standard Deviation | 0.49 | |||
| Variance | 0.2401 | |||
| Downside Variance | 0.2922 | |||
| Semi Variance | 0.1976 | |||
| Expected Short fall | (0.38) |
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.
Story Coverage note for Brookstone Active
The number of cover stories for Brookstone Active depends on current market conditions and Brookstone Active's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Brookstone Active is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Brookstone Active's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Check out Historical Fundamental Analysis of Brookstone Active to cross-verify your projections. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Brookstone Active ETF is measured differently than its book value, which is the value of Brookstone that is recorded on the company's balance sheet. Investors also form their own opinion of Brookstone Active's value that differs from its market value or its book value, called intrinsic value, which is Brookstone Active'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 Brookstone Active's market value can be influenced by many factors that don't directly affect Brookstone Active'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 Brookstone Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookstone Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookstone Active'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.