Burlington Stores Stock Forecast - Simple Regression
| BURL Stock | USD 179.29 0.62 0.34% |
The Simple Regression forecasted value of Burlington Stores on the next trading day is expected to be 209.01 with a mean absolute deviation of 11.19 and the sum of the absolute errors of 682.54. Burlington Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Burlington Stores stock prices and determine the direction of Burlington Stores's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Burlington Stores' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Burlington Stores' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Burlington Stores' systematic risk associated with finding meaningful patterns of Burlington Stores fundamentals over time.
Check out Historical Fundamental Analysis of Burlington Stores to cross-verify your projections. Burlington |
Open Interest Against 2024-04-19 Burlington Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Burlington Stores' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Burlington Stores' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Burlington Stores stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Burlington Stores' open interest, investors have to compare it to Burlington Stores' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Burlington Stores is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Burlington. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Burlington Stores cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Burlington Stores' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Burlington Stores' price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through Burlington Stores 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. Burlington Stores Simple Regression Price Forecast For the 20th of April
Given 90 days horizon, the Simple Regression forecasted value of Burlington Stores on the next trading day is expected to be 209.01 with a mean absolute deviation of 11.19, mean absolute percentage error of 190.55, and the sum of the absolute errors of 682.54.Please note that although there have been many attempts to predict Burlington 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 Burlington Stores' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Burlington Stores Stock Forecast Pattern
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Burlington Stores Forecasted Value
In the context of forecasting Burlington Stores' 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. Burlington Stores' downside and upside margins for the forecasting period are 206.89 and 211.12, respectively. We have considered Burlington Stores' 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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Burlington Stores stock data series using in forecasting. Note that when a statistical model is used to represent Burlington Stores 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 | 123.3604 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 11.1891 |
| MAPE | Mean absolute percentage error | 0.0546 |
| SAE | Sum of the absolute errors | 682.5377 |
Predictive Modules for Burlington Stores
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Burlington Stores. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Burlington Stores' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Burlington Stores
For every potential investor in Burlington, whether a beginner or expert, Burlington Stores' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Burlington Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Burlington. Basic forecasting techniques help filter out the noise by identifying Burlington Stores' price trends.Burlington Stores 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 Burlington Stores stock to make a market-neutral strategy. Peer analysis of Burlington Stores could also be used in its relative valuation, which is a method of valuing Burlington Stores by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Burlington Stores 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 Burlington Stores' 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 Burlington Stores' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Burlington Stores Market Strength Events
Market strength indicators help investors to evaluate how Burlington Stores stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Burlington Stores shares will generate the highest return on investment. By undertsting and applying Burlington Stores stock market strength indicators, traders can identify Burlington Stores entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0222 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 180.09 | |||
| Day Typical Price | 179.82 | |||
| Market Facilitation Index | 4.04 | |||
| Price Action Indicator | (1.11) | |||
| Period Momentum Indicator | (0.62) |
Burlington Stores Risk Indicators
The analysis of Burlington Stores' 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 Burlington Stores' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting burlington 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 | 1.48 | |||
| Standard Deviation | 2.08 | |||
| Variance | 4.31 |
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.
Burlington Stores Investors Sentiment
The influence of Burlington Stores' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Burlington. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Burlington Stores' public news can be used to forecast risks associated with an investment in Burlington. The trend in average sentiment can be used to explain how an investor holding Burlington can time the market purely based on public headlines and social activities around Burlington Stores. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Burlington Stores' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Burlington Stores' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Burlington Stores' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Burlington Stores.
Burlington Stores Implied Volatility | 39.27 |
Burlington Stores' implied volatility exposes the market's sentiment of Burlington Stores stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Burlington Stores' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Burlington Stores stock will not fluctuate a lot when Burlington Stores' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Burlington Stores in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Burlington Stores' short interest history, or implied volatility extrapolated from Burlington Stores options trading.
Pair Trading with Burlington Stores
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 Burlington Stores 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 Burlington Stores will appreciate offsetting losses from the drop in the long position's value.Moving together with Burlington Stock
| 0.71 | W | Wayfair Sell-off Trend | PairCorr |
| 0.65 | AN | AutoNation Earnings Call This Week | PairCorr |
| 0.87 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Burlington Stores could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burlington Stores when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Burlington Stores - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Burlington Stores to buy it.
The correlation of Burlington Stores is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Burlington Stores moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burlington Stores moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Burlington Stores can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Burlington Stores to cross-verify your projections. For more information on how to buy Burlington Stock please use our How to buy in Burlington Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Burlington Stock analysis
When running Burlington Stores' price analysis, check to measure Burlington Stores' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Burlington Stores is operating at the current time. Most of Burlington Stores' value examination focuses on studying past and present price action to predict the probability of Burlington Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burlington Stores' price. Additionally, you may evaluate how the addition of Burlington Stores to your portfolios can decrease your overall portfolio volatility.
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Is Burlington Stores' industry 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 Burlington Stores. If investors know Burlington 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 Burlington Stores 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 0.245 | Earnings Share 5.24 | Revenue Per Share 150.268 | Quarterly Revenue Growth 0.14 | Return On Assets 0.047 |
The market value of Burlington Stores is measured differently than its book value, which is the value of Burlington that is recorded on the company's balance sheet. Investors also form their own opinion of Burlington Stores' value that differs from its market value or its book value, called intrinsic value, which is Burlington Stores' 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 Burlington Stores' market value can be influenced by many factors that don't directly affect Burlington Stores' 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 Burlington Stores' value and its price as these two are different measures arrived at by different means. Investors typically determine if Burlington Stores is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Burlington Stores' 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.