Boralex Inc Simple Regression

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
Simple Regression model is a single variable regression model that attempts to put a straight line through Boralex Inc 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.
Given 30 days horizon, the value of Boralex Inc Cl A on the next trading day is expected to be 16.859006

Boralex Cl A Prediction Pattern

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Boralex Inc Forecasted Value

November 17, 2019
16.53
Market Value
16.86
Expected Value
19.75
Upside

Model Predictive Factors

AICAkaike Information Criteria117.9189
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2963
MAPEMean absolute percentage error0.018
SAESum of the absolute errors18.3711
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 Boralex Inc Cl A historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Volatility Measures

Boralex Inc Risk Indicators

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