Bitcoin Depot Stock Forecast - Simple Regression
| BTM Stock | 1.18 0.08 6.35% |
The Simple Regression forecasted value of Bitcoin Depot on the next trading day is expected to be 0.90 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 16.14. Bitcoin Stock Forecast is based on your current time horizon.
As of now the relative strength index (rsi) of Bitcoin Depot's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Bitcoin Depot hype-based prediction, you can estimate the value of Bitcoin Depot from the perspective of Bitcoin Depot response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Bitcoin Depot on the next trading day is expected to be 0.90 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 16.14. Bitcoin Depot after-hype prediction price | USD 1.18 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Bitcoin Depot to cross-verify your projections. Bitcoin Depot Additional Predictive Modules
Most predictive techniques to examine Bitcoin price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bitcoin using various technical indicators. When you analyze Bitcoin charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bitcoin Depot Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Bitcoin Depot on the next trading day is expected to be 0.90 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.09, and the sum of the absolute errors of 16.14.Please note that although there have been many attempts to predict Bitcoin 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 Bitcoin Depot's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bitcoin Depot Stock Forecast Pattern
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Bitcoin Depot Forecasted Value
In the context of forecasting Bitcoin Depot's 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. Bitcoin Depot's downside and upside margins for the forecasting period are 0.01 and 5.99, respectively. We have considered Bitcoin Depot'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Bitcoin Depot stock data series using in forecasting. Note that when a statistical model is used to represent Bitcoin Depot 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 | 115.6976 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2645 |
| MAPE | Mean absolute percentage error | 0.1619 |
| SAE | Sum of the absolute errors | 16.1355 |
Predictive Modules for Bitcoin Depot
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitcoin Depot. 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 Bitcoin Depot'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.
Bitcoin Depot After-Hype Price Prediction Density Analysis
As far as predicting the price of Bitcoin Depot at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bitcoin Depot or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bitcoin Depot, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Bitcoin Depot Estimiated After-Hype Price Volatility
In the context of predicting Bitcoin Depot's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bitcoin Depot's historical news coverage. Bitcoin Depot's after-hype downside and upside margins for the prediction period are 0.06 and 6.28, respectively. We have considered Bitcoin Depot's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bitcoin Depot is extremely dangerous at this time. Analysis and calculation of next after-hype price of Bitcoin Depot is based on 3 months time horizon.
Bitcoin Depot Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Bitcoin Depot is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bitcoin Depot backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bitcoin Depot, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.25 | 5.10 | 0.00 | 1.15 | 0 Events / Month | 4 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.18 | 1.18 | 0.00 |
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Bitcoin Depot Hype Timeline
On the 23rd of January Bitcoin Depot is traded for 1.18. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -1.15. Bitcoin is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at -1.25%. %. The volatility of related hype on Bitcoin Depot is about 552.55%, with the expected price after the next announcement by competition of 0.03. About 37.0% of the company shares are held by institutions such as insurance companies. The book value of Bitcoin Depot was currently reported as 0.27. The company last dividend was issued on the April 28, 2011. Bitcoin Depot had 38:16 split on the March 30, 2012. Considering the 90-day investment horizon the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Bitcoin Depot to cross-verify your projections.Bitcoin Depot Related Hype Analysis
Having access to credible news sources related to Bitcoin Depot's direct competition is more important than ever and may enhance your ability to predict Bitcoin Depot's future price movements. Getting to know how Bitcoin Depot's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bitcoin Depot may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DOMH | Dominari Holdings | (0.06) | 6 per month | 0.00 | (0.06) | 8.27 | (8.39) | 24.67 | |
| PLUT | Plutus Financial Group | 0.03 | 6 per month | 0.00 | (0.09) | 2.83 | (3.32) | 9.93 | |
| STKE | Sol Strategies Common | 0.00 | 0 per month | 0.00 | (0.14) | 11.80 | (9.17) | 29.73 | |
| IOR | Income Opportunity Realty | 0.00 | 8 per month | 1.59 | (0) | 3.49 | (2.62) | 17.00 | |
| CPBI | Central Plains Bancshares | (0.07) | 7 per month | 0.88 | 0.08 | 1.37 | (1.11) | 5.01 | |
| AFJK | Aimei Health Technology | (9.06) | 9 per month | 12.36 | 0.13 | 60.89 | (22.49) | 1,067 | |
| OAKU | Oak Woods Acquisition | 0.00 | 8 per month | 0.62 | (0.05) | 1.24 | (0.83) | 6.66 | |
| HGBL | Heritage Global | (0.03) | 9 per month | 0.00 | (0.06) | 5.69 | (4.05) | 16.17 | |
| SSBI | Summit State Bank | 0.00 | 0 per month | 1.85 | 0.09 | 3.84 | (2.91) | 7.82 | |
| OFS | OFS Capital Corp | (0.04) | 8 per month | 0.00 | (0.13) | 4.51 | (5.92) | 16.93 |
Other Forecasting Options for Bitcoin Depot
For every potential investor in Bitcoin, whether a beginner or expert, Bitcoin Depot's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bitcoin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bitcoin. Basic forecasting techniques help filter out the noise by identifying Bitcoin Depot's price trends.Bitcoin Depot 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 Bitcoin Depot stock to make a market-neutral strategy. Peer analysis of Bitcoin Depot could also be used in its relative valuation, which is a method of valuing Bitcoin Depot by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bitcoin Depot Market Strength Events
Market strength indicators help investors to evaluate how Bitcoin Depot stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bitcoin Depot shares will generate the highest return on investment. By undertsting and applying Bitcoin Depot stock market strength indicators, traders can identify Bitcoin Depot entry and exit signals to maximize returns.
Bitcoin Depot Risk Indicators
The analysis of Bitcoin Depot'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 Bitcoin Depot's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bitcoin 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 | 3.88 | |||
| Standard Deviation | 5.1 | |||
| Variance | 26.0 |
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.
Story Coverage note for Bitcoin Depot
The number of cover stories for Bitcoin Depot depends on current market conditions and Bitcoin Depot's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bitcoin Depot is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bitcoin Depot's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Bitcoin Depot Short Properties
Bitcoin Depot's future price predictability will typically decrease when Bitcoin Depot's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bitcoin Depot often depends not only on the future outlook of the potential Bitcoin Depot's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bitcoin Depot's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.8 M | |
| Cash And Short Term Investments | 31 M |
Check out Historical Fundamental Analysis of Bitcoin Depot to cross-verify your projections. To learn how to invest in Bitcoin Stock, please use our How to Invest in Bitcoin Depot guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Commercial Services & Supplies space 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 Bitcoin Depot. If investors know Bitcoin 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 Bitcoin Depot 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 Bitcoin Depot is measured differently than its book value, which is the value of Bitcoin that is recorded on the company's balance sheet. Investors also form their own opinion of Bitcoin Depot's value that differs from its market value or its book value, called intrinsic value, which is Bitcoin Depot's 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 Bitcoin Depot's market value can be influenced by many factors that don't directly affect Bitcoin Depot's 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 Bitcoin Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitcoin Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitcoin Depot's 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.