BBB Foods Stock Forecast - Naive Prediction
| TBBB Stock | 27.24 0.20 0.74% |
The Naive Prediction forecasted value of BBB Foods on the next trading day is expected to be 26.09 with a mean absolute deviation of 1.00 and the sum of the absolute errors of 61.01. BBB Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BBB Foods stock prices and determine the direction of BBB Foods's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BBB Foods' historical fundamentals, such as revenue growth or operating cash flow patterns. Although BBB Foods' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of BBB Foods' systematic risk associated with finding meaningful patterns of BBB Foods fundamentals over time.
Check out Historical Fundamental Analysis of BBB Foods to cross-verify your projections. BBB |
Most investors in BBB Foods cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the BBB Foods' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BBB Foods' price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for BBB Foods is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of BBB Foods value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period. BBB Foods Naive Prediction Price Forecast For the 1st of June
Given 90 days horizon, the Naive Prediction forecasted value of BBB Foods on the next trading day is expected to be 26.09 with a mean absolute deviation of 1.00, mean absolute percentage error of 1.34, and the sum of the absolute errors of 61.01.Please note that although there have been many attempts to predict BBB 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 BBB Foods' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BBB Foods Stock Forecast Pattern
| Backtest BBB Foods | BBB Foods Price Prediction | Buy or Sell Advice |
BBB Foods Forecasted Value
In the context of forecasting BBB Foods' 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. BBB Foods' downside and upside margins for the forecasting period are 22.57 and 29.62, respectively. We have considered BBB Foods' 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 BBB Foods stock data series using in forecasting. Note that when a statistical model is used to represent BBB Foods 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 | 118.4061 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0002 |
| MAPE | Mean absolute percentage error | 0.0436 |
| SAE | Sum of the absolute errors | 61.0134 |
Predictive Modules for BBB Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BBB Foods. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BBB Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for BBB Foods
For every potential investor in BBB, whether a beginner or expert, BBB Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BBB Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BBB. Basic forecasting techniques help filter out the noise by identifying BBB Foods' price trends.BBB Foods 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 BBB Foods stock to make a market-neutral strategy. Peer analysis of BBB Foods could also be used in its relative valuation, which is a method of valuing BBB Foods by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BBB Foods 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 BBB Foods' 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 BBB Foods' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BBB Foods Market Strength Events
Market strength indicators help investors to evaluate how BBB Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BBB Foods shares will generate the highest return on investment. By undertsting and applying BBB Foods stock market strength indicators, traders can identify BBB Foods entry and exit signals to maximize returns.
| Accumulation Distribution | 21015.26 | |||
| Daily Balance Of Power | 0.2 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 27.15 | |||
| Day Typical Price | 27.18 | |||
| Price Action Indicator | 0.19 | |||
| Period Momentum Indicator | 0.2 |
BBB Foods Risk Indicators
The analysis of BBB Foods' 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 BBB Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bbb 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 | 2.37 | |||
| Semi Deviation | 2.08 | |||
| Standard Deviation | 3.46 | |||
| Variance | 11.97 | |||
| Downside Variance | 5.57 | |||
| Semi Variance | 4.34 | |||
| Expected Short fall | (3.09) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether BBB Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BBB Foods' 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 Bbb Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bbb Foods Stock:Check out Historical Fundamental Analysis of BBB Foods to cross-verify your projections. For information on how to trade BBB Stock refer to our How to Trade BBB Stock guide.Note that the BBB Foods information on this page should be used as a complementary analysis to other BBB Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for BBB Stock analysis
When running BBB Foods' price analysis, check to measure BBB Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BBB Foods is operating at the current time. Most of BBB Foods' value examination focuses on studying past and present price action to predict the probability of BBB Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BBB Foods' price. Additionally, you may evaluate how the addition of BBB Foods to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
Is BBB Foods' industry 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 BBB Foods. If investors know BBB 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 BBB Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of BBB Foods is measured differently than its book value, which is the value of BBB that is recorded on the company's balance sheet. Investors also form their own opinion of BBB Foods' value that differs from its market value or its book value, called intrinsic value, which is BBB Foods' 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 BBB Foods' market value can be influenced by many factors that don't directly affect BBB Foods' 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 BBB Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if BBB Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BBB Foods' 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.