BTS Crypto Coin Forecast - Polynomial Regression

BTS Crypto  USD 0  0.000021  1.08%   
The Polynomial Regression forecasted value of BTS on the next trading day is expected to be 0 with a mean absolute deviation of 0.0001 and the sum of the absolute errors of 0.01. BTS Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BTS crypto prices and determine the direction of BTS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BTS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
BTS polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for BTS as well as the accuracy indicators are determined from the period prices.

BTS Polynomial Regression Price Forecast For the 1st of December

Given 90 days horizon, the Polynomial Regression forecasted value of BTS on the next trading day is expected to be 0 with a mean absolute deviation of 0.0001, mean absolute percentage error of 0.00000002, and the sum of the absolute errors of 0.01.
Please note that although there have been many attempts to predict BTS 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 BTS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

BTS Crypto Coin Forecast Pattern

BTS Forecasted Value

In the context of forecasting BTS'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. BTS's downside and upside margins for the forecasting period are 0.000019 and 9.04, respectively. We have considered BTS'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
0
0.000019
Downside
0
Expected Value
9.04
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 BTS crypto coin data series using in forecasting. Note that when a statistical model is used to represent BTS 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 Criteria102.4342
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0E-4
MAPEMean absolute percentage error0.0748
SAESum of the absolute errors0.0077
A single variable polynomial regression model attempts to put a curve through the BTS 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 BTS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BTS. 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
0.0009.10
Details
Intrinsic
Valuation
LowRealHigh
0.0009.10
Details

Other Forecasting Options for BTS

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

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

BTS 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 BTS'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 BTS's current price.

BTS Market Strength Events

Market strength indicators help investors to evaluate how BTS 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 BTS shares will generate the highest return on investment. By undertsting and applying BTS crypto coin market strength indicators, traders can identify BTS entry and exit signals to maximize returns.

BTS Risk Indicators

The analysis of BTS'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 BTS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bts 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 BTS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BTS'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 Bts Crypto.
Check out Historical Fundamental Analysis of BTS to cross-verify your projections.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Please note, there is a significant difference between BTS's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine BTS 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, BTS's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.