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 |
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.AIC | Akaike Information Criteria | 112.7893 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0509 |
MAPE | Mean absolute percentage error | 0.0045 |
SAE | Sum of the absolute errors | 3.1066 |
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.View Brilliant Acquisition Related Equities
Risk & Return | Correlation |
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.
Currently Active Assets on Macroaxis
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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