BrightView Holdings Stock Forward View - Simple Exponential Smoothing
| BV Stock | USD 11.74 -0.15 -1.26% |
This reference page covers Simple Exponential Smoothing forecast output for BrightView Holdings, including the projected price and deviation metrics. The model is fitted to available historical daily prices.
The Simple Exponential Smoothing forecasted value of BrightView Holdings on the next trading day is expected to be 11.74 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 12.37.This simple exponential smoothing model begins by setting BrightView Holdings forecast for the second period equal to the observation of the first period. In other words, recent BrightView Holdings observations are given relatively more weight in forecasting than the older observations. All forecast values on this page for BrightView Holdings are Simple Exponential Smoothing reference data derived from historical price series. Simple Exponential Smoothing Price Forecast For the 21st of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of BrightView Holdings on the next trading day is expected to be 11.74 with a mean absolute deviation of 0.20 , mean absolute percentage error of 0.08 , and the sum of the absolute errors of 12.37 .Please note that although there have been many attempts to predict BrightView Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that BrightView Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest BrightView Holdings | BrightView Holdings Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for BrightView Holdings uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Investors should still remember that no empirical framework consistently proves that one family of forecasting models will outperform all other approaches in live markets.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of BrightView Holdings stock data series using in forecasting. Note that when a statistical model is used to represent BrightView Holdings 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 | 115.5889 |
| Bias | Arithmetic mean of the errors | 0.0162 |
| MAD | Mean absolute deviation | 0.2028 |
| MAPE | Mean absolute percentage error | 0.0155 |
| SAE | Sum of the absolute errors | 12.37 |
Other Forecasting Options for BrightView Holdings
Price movement is the most critical factor for any investor assessing the potential of BrightView as an investment. The noise inherent in BrightView Stock price charts can obscure the underlying direction and make investment decisions more challenging.BrightView Holdings Related Equities
The following equities are related to BrightView Holdings within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing BrightView Holdings against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
BrightView Holdings Market Strength Events
For investors in BrightView Holdings, market strength indicators provide essential context about how the stock responds to prevailing market trends. These tools support more informed decisions about when to trade BrightView Holdings for maximum effect.
BrightView Holdings Risk Indicators
Identifying and analyzing BrightView Holdings' risk indicators provides investors with important context for price forecasting and investment decision-making. By understanding how much risk is embedded in BrightView Holdings' investment, investors can make better choices about position sizing,.
| Mean Deviation | 1.47 | |||
| Standard Deviation | 2.08 | |||
| Variance | 4.32 |
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 BrightView Holdings
Story coverage around BrightView Holdings often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Contributor Headline
Latest Perspective From Macroaxis
BrightView Holdings Short Properties
A short-interest review of BrightView Holdings provides context for understanding whether skepticism in the market is becoming more influential. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 97.7 M | |
| Cash And Short Term Investments | 74.5 M |
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