Boralex Inc Simple Moving Average

BRLXF -- USA Stock  

USD 16.53  0.00  0.00%

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.
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Horizon     30 Days    Login   to change
A two period moving average forecast for Boralex Inc is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.
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 14, 2019
16.53
Market Value
16.53
Expected Value
19.44
Upside

Model Predictive Factors

AICAkaike Information Criteria110.9564
BiasArithmetic mean of the errors -0.0331
MADMean absolute deviation0.0658
MAPEMean absolute percentage error0.004
SAESum of the absolute errors3.88
The simple moving average model is conceptually a linear regression of the current value of Boralex Inc Cl A price series against current and previous (unobserved) value of Boralex Inc. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting stock prices into the future

Volatility Measures

Boralex Inc Risk Indicators

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