Bitcoin Depot Stock Forward View
| BTMWW Stock | 0.05 0 6.27% |
Bitcoin Stock outlook is based on your current time horizon.
At this time, the relative strength indicator of Bitcoin Depot's share price is approaching 33 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Bitcoin Depot, making its price go up or down. Momentum 33
Sell Stretched
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 Naive Prediction forecasted value of Bitcoin Depot on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.74. Bitcoin Depot after-hype prediction price | USD 0.05 |
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 |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Bitcoin Depot's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 26.5 M | Current Value 28.2 M | Quarterly Volatility 5.5 M |
Bitcoin Depot Naive Prediction Price Forecast For the 3rd of February
Given 90 days horizon, the Naive Prediction forecasted value of Bitcoin Depot on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.74.Please note that although there have been many attempts to predict Bitcoin Stock prices using its time series forecasting, we generally do not suggest 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
| Backtest Bitcoin Depot | Bitcoin Depot Price Prediction | Research Analysis |
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 0.0005 and 11.40, 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 Naive Prediction 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 | 109.914 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0122 |
| MAPE | Mean absolute percentage error | 0.0847 |
| SAE | Sum of the absolute errors | 0.7412 |
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 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 0.00 and 11.32, 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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bitcoin Depot is out of control 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 Outlook 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 |
1.89 | 11.36 | 0.02 | 0.03 | 9 Events / Month | 4 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.05 | 0.05 | 1.42 |
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Bitcoin Depot Hype Timeline
Bitcoin Depot is currently traded for 0.05. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.03. Bitcoin is anticipated to increase in value after the next headline, with the price projected to jump to 0.05 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is projected to be 1.42%, whereas the daily expected return is currently at -1.89%. The volatility of related hype on Bitcoin Depot is about 73028.57%, with the expected price after the next announcement by competition of 0.08. The company reported the revenue of 573.7 M. Net Income was 7.81 M with profit before overhead, payroll, taxes, and interest of 0. Assuming the 90 days horizon the next anticipated press release will be in about 9 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 | |||
| NOEM | CO2 Energy Transition | (0.01) | 8 per month | 0.00 | (0.09) | 0.39 | (0.29) | 1.25 | |
| ALCY | Alchemy Investments Acquisition | 0.00 | 8 per month | 0.00 | (0.02) | 2.55 | (4.74) | 26.29 | |
| HSPT | Horizon Space Acquisition | 0.02 | 6 per month | 0.20 | (0.11) | 0.48 | (0.47) | 1.81 | |
| SPKL | Spark I Acquisition | 0.00 | 7 per month | 0.00 | (0.13) | 0.97 | (1.05) | 3.73 | |
| PROP | Prairie Operating Co | 0.1 | 13 per month | 0.00 | (0.04) | 6.47 | (6.83) | 21.34 | |
| DTSQ | DT Cloud Star | 0.04 | 8 per month | 0.80 | 0.01 | 1.50 | (1.39) | 6.38 | |
| PFX | Phenixfin | (0.01) | 5 per month | 0.00 | (0.07) | 2.88 | (2.82) | 10.53 | |
| FSHP | Flag Ship Acquisition | 0.00 | 6 per month | 0.15 | (0.01) | 0.93 | (0.74) | 1.97 | |
| LCCC | Lakeshore Acquisition III | 0.00 | 8 per month | 0.00 | (0.23) | 0.20 | (0.20) | 0.49 |
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 | 8.52 | |||
| Standard Deviation | 11.16 | |||
| Variance | 124.56 |
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 |
Additional Tools for Bitcoin Stock Analysis
When running Bitcoin Depot's price analysis, check to measure Bitcoin Depot'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 Bitcoin Depot is operating at the current time. Most of Bitcoin Depot's value examination focuses on studying past and present price action to predict the probability of Bitcoin Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitcoin Depot's price. Additionally, you may evaluate how the addition of Bitcoin Depot to your portfolios can decrease your overall portfolio volatility.