Beasley Broadcast Stock Forecast - 8 Period Moving Average

BBGI Stock  USD 9.09  0.22  2.48%   
The 8 Period Moving Average forecasted value of Beasley Broadcast Group on the next trading day is expected to be 8.56 with a mean absolute deviation of 0.87 and the sum of the absolute errors of 46.35. 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.
  
As of now, Beasley Broadcast's Payables Turnover is decreasing as compared to previous years. The Beasley Broadcast's current Receivables Turnover is estimated to increase to 5.27, while Inventory Turnover is forecasted to increase to (45.60). . The current Common Stock Shares Outstanding is estimated to decrease to about 27.1 M. The Beasley Broadcast's current Net Loss is estimated to increase to about (1.5 M).
An 8-period moving average forecast model for Beasley Broadcast is based on an artificially constructed time series of Beasley Broadcast daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Beasley Broadcast 8 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Beasley Broadcast Group on the next trading day is expected to be 8.56 with a mean absolute deviation of 0.87, mean absolute percentage error of 1.45, and the sum of the absolute errors of 46.35.
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 BroadcastBeasley Broadcast Price PredictionBuy 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 3.62 and 13.50, 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.
Market Value
9.09
8.56
Expected Value
13.50
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average 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.
AICAkaike Information Criteria103.7764
BiasArithmetic mean of the errors 0.176
MADMean absolute deviation0.8746
MAPEMean absolute percentage error0.0853
SAESum of the absolute errors46.3537
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Beasley Broadcast Group 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

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.
Hype
Prediction
LowEstimatedHigh
4.199.0913.99
Details
Intrinsic
Valuation
LowRealHigh
3.468.3613.26
Details
Bollinger
Band Projection (param)
LowMiddleHigh
5.989.7713.57
Details
1 Analysts
Consensus
LowTargetHigh
2.052.252.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beasley Broadcast. Your research has to be compared to or analyzed against Beasley Broadcast's peers to derive any actionable benefits. When done correctly, Beasley Broadcast's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Beasley Broadcast.

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.

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.
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.

Currently Active Assets on Macroaxis

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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.