AMPL Crypto Coin Forecast - Polynomial Regression

AMPL Crypto  USD 1.31  0.06  4.80%   
The Polynomial Regression forecasted value of AMPL on the next trading day is expected to be 1.27 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.85. AMPL Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AMPL crypto prices and determine the direction of AMPL's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AMPL's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
AMPL polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for AMPL as well as the accuracy indicators are determined from the period prices.

AMPL Polynomial Regression Price Forecast For the 1st of December

Given 90 days horizon, the Polynomial Regression forecasted value of AMPL on the next trading day is expected to be 1.27 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.85.
Please note that although there have been many attempts to predict AMPL Crypto Coin 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 AMPL's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AMPL Crypto Coin Forecast Pattern

AMPL Forecasted Value

In the context of forecasting AMPL's Crypto Coin 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. AMPL's downside and upside margins for the forecasting period are 0.01 and 6.98, respectively. We have considered AMPL'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
1.31
1.27
Expected Value
6.98
Upside

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 AMPL crypto coin data series using in forecasting. Note that when a statistical model is used to represent AMPL crypto coin, 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 Criteria114.8432
BiasArithmetic mean of the errors None
MADMean absolute deviation0.062
MAPEMean absolute percentage error0.0507
SAESum of the absolute errors3.8468
A single variable polynomial regression model attempts to put a curve through the AMPL 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 AMPL

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AMPL. Regardless of method or technology, however, to accurately forecast the crypto coin market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the crypto coin 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
0.071.337.04
Details
Intrinsic
Valuation
LowRealHigh
0.051.076.78
Details

Other Forecasting Options for AMPL

For every potential investor in AMPL, whether a beginner or expert, AMPL's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AMPL Crypto Coin price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AMPL. Basic forecasting techniques help filter out the noise by identifying AMPL's price trends.

AMPL 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 AMPL crypto coin to make a market-neutral strategy. Peer analysis of AMPL could also be used in its relative valuation, which is a method of valuing AMPL by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

AMPL Technical and Predictive Analytics

The crypto coin market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of AMPL'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 AMPL's current price.

AMPL Market Strength Events

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

AMPL Risk Indicators

The analysis of AMPL'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 AMPL's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ampl crypto coin 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.

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 AMPL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AMPL'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 Ampl Crypto.
Check out Historical Fundamental Analysis of AMPL 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.
Please note, there is a significant difference between AMPL's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine AMPL value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, AMPL's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.