Better Choice Stock Forecast - Simple Exponential Smoothing

BTTR
 Stock
  

USD 2.15  0.05  2.27%   

Better Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Better Choice historical stock prices and determine the direction of Better Choice's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Better Choice historical fundamentals such as revenue growth or operating cash flow patterns. Although Better Choice naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Better Choice systematic risk associated with finding meaningful patterns of Better Choice fundamentals over time.
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As of 07/02/2022, Asset Turnover is likely to drop to 0.63. As of 07/02/2022, Weighted Average Shares is likely to grow to about 21.5 M. Also, Weighted Average Shares Diluted is likely to grow to about 23.6 M.
Most investors in Better Choice 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 Better Choice's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Better Choice's price structures and extracts relationships that further increase the generated results' accuracy.
Better Choice simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Better Choice are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Better Choice prices get older.
This simple exponential smoothing model begins by setting Better Choice forecast for the second period equal to the observation of the first period. In other words, recent Better Choice observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Better Choice

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Better Choice. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Better Choice's 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. Please use the tools below to analyze the current value of Better Choice in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.112.156.83
Details
Intrinsic
Valuation
LowReal ValueHigh
0.193.728.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.112.462.81
Details
3 Analysts
Consensus
LowTarget PriceHigh
7.008.6710.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Better Choice. Your research has to be compared to or analyzed against Better Choice's peers to derive any actionable benefits. When done correctly, Better Choice's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Better Choice.

View Currently 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 Better Choice stock to make a market-neutral strategy. Peer analysis of Better Choice could also be used in its relative valuation, which is a method of valuing Better Choice by comparing valuation metrics with similar companies.

Better Choice Market Strength Events

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

Better Choice Risk Indicators

The analysis of Better Choice's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Better Choice's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Better Choice stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Better Choice without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Trending Equities. Note that the Better Choice information on this page should be used as a complementary analysis to other Better Choice's 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Other Tools for Better Stock

When running Better Choice price analysis, check to measure Better Choice's 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 Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.
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