Beasley Broadcast Stock Forecast - Naive Prediction
| BBGI Stock | USD 8.96 0.13 1.43% |
The Naive Prediction forecasted value of Beasley Broadcast Group on the next trading day is expected to be 10.93 with a mean absolute deviation of 0.55 and the sum of the absolute errors of 33.61. Beasley Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Beasley Broadcast's historical fundamentals, such as revenue growth or operating cash flow patterns.
Beasley |
Beasley Broadcast Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Beasley Broadcast's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 1999-12-31 | Previous Quarter 33.3 M | Current Value 27.8 M | Quarterly Volatility 2 B |
Beasley Broadcast Naive Prediction Price Forecast For the 2nd of December
Given 90 days horizon, the Naive Prediction forecasted value of Beasley Broadcast Group on the next trading day is expected to be 10.93 with a mean absolute deviation of 0.55, mean absolute percentage error of 0.45, and the sum of the absolute errors of 33.61.Please note that although there have been many attempts to predict Beasley 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 Beasley Broadcast's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Beasley Broadcast Stock Forecast Pattern
| Backtest Beasley Broadcast | Beasley Broadcast Price Prediction | Buy or Sell Advice |
Beasley Broadcast Forecasted Value
In the context of forecasting Beasley Broadcast's 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. Beasley Broadcast's downside and upside margins for the forecasting period are 6.02 and 15.83, respectively. We have considered Beasley Broadcast's 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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Beasley Broadcast stock data series using in forecasting. Note that when a statistical model is used to represent Beasley Broadcast 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 | 117.3054 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.551 |
| MAPE | Mean absolute percentage error | 0.0514 |
| SAE | Sum of the absolute errors | 33.6114 |
Predictive Modules for Beasley Broadcast
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Beasley Broadcast. 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.Other Forecasting Options for Beasley Broadcast
For every potential investor in Beasley, whether a beginner or expert, Beasley Broadcast's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Beasley Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Beasley. Basic forecasting techniques help filter out the noise by identifying Beasley Broadcast's price trends.Beasley Broadcast 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 Beasley Broadcast stock to make a market-neutral strategy. Peer analysis of Beasley Broadcast could also be used in its relative valuation, which is a method of valuing Beasley Broadcast by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Beasley Broadcast 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 Beasley Broadcast'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 Beasley Broadcast's current price.| Cycle Indicators | ||
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Beasley Broadcast Market Strength Events
Market strength indicators help investors to evaluate how Beasley Broadcast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beasley Broadcast shares will generate the highest return on investment. By undertsting and applying Beasley Broadcast stock market strength indicators, traders can identify Beasley Broadcast Group entry and exit signals to maximize returns.
Beasley Broadcast Risk Indicators
The analysis of Beasley Broadcast's 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 Beasley Broadcast's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beasley 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 | 3.41 | |||
| Standard Deviation | 4.85 | |||
| Variance | 23.53 |
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.
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When determining whether Beasley Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beasley Broadcast's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beasley Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beasley Broadcast Group Stock:Check out Historical Fundamental Analysis of Beasley Broadcast to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Broadcasting space 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 Beasley Broadcast. If investors know Beasley 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 Beasley Broadcast 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 (0.05) | Earnings Share 1.86 | Revenue Per Share 157.537 | Quarterly Revenue Growth (0.03) | Return On Assets 0.01 |
The market value of Beasley Broadcast is measured differently than its book value, which is the value of Beasley that is recorded on the company's balance sheet. Investors also form their own opinion of Beasley Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Beasley Broadcast's 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 Beasley Broadcast's market value can be influenced by many factors that don't directly affect Beasley Broadcast's 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 Beasley Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beasley Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beasley Broadcast'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.