SwissBorg Crypto Coin Forecast - Triple Exponential Smoothing

BORG Crypto  USD 0.35  0.03  9.37%   
The Triple Exponential Smoothing forecasted value of SwissBorg on the next trading day is expected to be 0.35 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.96. SwissBorg Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SwissBorg crypto prices and determine the direction of SwissBorg's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SwissBorg's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for SwissBorg - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When SwissBorg prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in SwissBorg price movement. However, neither of these exponential smoothing models address any seasonality of SwissBorg.

SwissBorg Triple Exponential Smoothing Price Forecast For the 1st of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of SwissBorg on the next trading day is expected to be 0.35 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.96.
Please note that although there have been many attempts to predict SwissBorg 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 SwissBorg's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SwissBorg Crypto Coin Forecast Pattern

SwissBorg Forecasted Value

In the context of forecasting SwissBorg'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. SwissBorg's downside and upside margins for the forecasting period are 0 and 6.92, respectively. We have considered SwissBorg'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
0.35
0.35
Expected Value
6.92
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of SwissBorg crypto coin data series using in forecasting. Note that when a statistical model is used to represent SwissBorg 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0032
MADMean absolute deviation0.016
MAPEMean absolute percentage error0.0511
SAESum of the absolute errors0.9599
As with simple exponential smoothing, in triple exponential smoothing models past SwissBorg observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older SwissBorg observations.

Predictive Modules for SwissBorg

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SwissBorg. 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
0.020.356.87
Details
Intrinsic
Valuation
LowRealHigh
0.010.306.82
Details

Other Forecasting Options for SwissBorg

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

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

SwissBorg 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 SwissBorg'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 SwissBorg's current price.

SwissBorg Market Strength Events

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

SwissBorg Risk Indicators

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