Brilliant Acquisition Stock Forecast - Polynomial Regression

BRLIDelisted Stock  USD 11.34  0.06  0.53%   
The Polynomial Regression forecasted value of Brilliant Acquisition Corp on the next trading day is expected to be 11.48 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.11. Brilliant Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Brilliant Acquisition's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Brilliant Acquisition polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Brilliant Acquisition Corp as well as the accuracy indicators are determined from the period prices.

Brilliant Acquisition Polynomial Regression Price Forecast For the 25th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Brilliant Acquisition Corp on the next trading day is expected to be 11.48 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 3.11.
Please note that although there have been many attempts to predict Brilliant 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 Brilliant Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Brilliant Acquisition Stock Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Brilliant Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Brilliant Acquisition 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 Criteria112.7893
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0509
MAPEMean absolute percentage error0.0045
SAESum of the absolute errors3.1066
A single variable polynomial regression model attempts to put a curve through the Brilliant Acquisition historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Brilliant Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brilliant Acquisition. 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
11.3411.3411.34
Details
Intrinsic
Valuation
LowRealHigh
9.649.6412.47
Details

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Brilliant Acquisition Market Strength Events

Market strength indicators help investors to evaluate how Brilliant Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brilliant Acquisition shares will generate the highest return on investment. By undertsting and applying Brilliant Acquisition stock market strength indicators, traders can identify Brilliant Acquisition Corp entry and exit signals to maximize returns.

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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Other Consideration for investing in Brilliant Stock

If you are still planning to invest in Brilliant Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Brilliant Acquisition's history and understand the potential risks before investing.
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