Brenntag Pink Sheet Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through Brenntag 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.

Brenntag Simple Regression Price Forecast For the 3rd of May

Given 90 days horizon, the Simple Regression forecasted value of Brenntag SE on the next trading day is expected to be 80.72 with a mean absolute deviation of 1.19, mean absolute percentage error of 2.34, and the sum of the absolute errors of 72.86.

Brenntag Pink Sheet Forecast Pattern

Backtest Brenntag

Brenntag Price Prediction

Buy or Sell Advice

Brenntag Forecasted Value

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 Brenntag pink sheet data series using in forecasting. Note that when a statistical model is used to represent Brenntag pink sheet, 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. 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 Brenntag SE 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 Brenntag

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brenntag SE. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Low Estimated High 78.86 80.13 81.40 Details

Intrinsic Valuation Low Real High 78.06 79.33 80.60 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brenntag. Your research has to be compared to or analyzed against Brenntag's peers to derive any actionable benefits. When done correctly, Brenntag'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 Brenntag SE.

Other Forecasting Options for Brenntag

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

Brenntag Related Equities

Risk & Return

Correlation

Brenntag SE Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Brenntag'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 Brenntag's current price.

Brenntag Market Strength Events

Brenntag Risk Indicators

Pair Trading with Brenntag

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brenntag position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brenntag will appreciate offsetting losses from the drop in the long position's value.

Complementary Tools for Brenntag Pink Sheet analysis

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Brenntag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brenntag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brenntag'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.