Boralex Inc Simple Exponential Smoothing

BRLXF -- USA Stock  

USD 18.07  1.54  9.32%

Investors can use this prediction interface to forecast Boralex Inc historic prices and determine the direction of Boralex Inc Cl A future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Boralex Inc historical fundamentals such as revenue growth or operating cash flow patterns. Check also Historical Fundamental Analysis of Boralex Inc to cross-verify your projections.
Horizon     30 Days    Login   to change
Boralex Inc simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Boralex Inc Cl A are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Boralex Cl A prices get older.
Given 30 days horizon, the value of Boralex Inc Cl A on the next trading day is expected to be 16.53

Boralex Cl A Prediction Pattern

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Boralex Inc Forecasted Value

November 20, 2019
Market Value
Expected Value

Model Predictive Factors

AICAkaike Information Criteria114.0027
BiasArithmetic mean of the errors -0.0162
MADMean absolute deviation0.0958
MAPEMean absolute percentage error0.0057
SAESum of the absolute errors5.75
This simple exponential smoothing model begins by setting Boralex Inc Cl A forecast for the second period equal to the observation of the first period. In other words, recent Boralex Inc observations are given relatively more weight in forecasting than the older observations.

Volatility Measures

Boralex Inc Risk Indicators