CND Crypto Coin Forecast - 20 Period Moving Average
| CND Crypto | USD 0.0006 0.000007 1.19% |
The 20 Period Moving Average forecasted value of CND on the next trading day is expected to be 0.0005 with a mean absolute deviation of 0.000043 and the sum of the absolute errors of 0. CND Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CND crypto prices and determine the direction of CND's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CND's historical fundamentals, such as revenue growth or operating cash flow patterns.
CND |
CND 20 Period Moving Average Price Forecast For the 26th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of CND on the next trading day is expected to be 0.0005 with a mean absolute deviation of 0.000043, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict CND 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 CND's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CND Crypto Coin Forecast Pattern
CND Forecasted Value
In the context of forecasting CND'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. CND's downside and upside margins for the forecasting period are 0.000006 and 3.22, respectively. We have considered CND'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of CND crypto coin data series using in forecasting. Note that when a statistical model is used to represent CND 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.| AIC | Akaike Information Criteria | 61.8782 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0864 |
| SAE | Sum of the absolute errors | 0.0018 |
Predictive Modules for CND
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CND. 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.Other Forecasting Options for CND
For every potential investor in CND, whether a beginner or expert, CND's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CND Crypto Coin price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CND. Basic forecasting techniques help filter out the noise by identifying CND's price trends.CND 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 CND crypto coin to make a market-neutral strategy. Peer analysis of CND could also be used in its relative valuation, which is a method of valuing CND by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CND 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 CND'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 CND's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CND Market Strength Events
Market strength indicators help investors to evaluate how CND 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 CND shares will generate the highest return on investment. By undertsting and applying CND crypto coin market strength indicators, traders can identify CND entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0606 | |||
| Daily Balance Of Power | 0.1944 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 6.0E-4 | |||
| Day Typical Price | 6.0E-4 | |||
| Relative Strength Index | 74.01 |
CND Risk Indicators
The analysis of CND'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 CND's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cnd 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.
| Mean Deviation | 2.17 | |||
| Semi Deviation | 1.97 | |||
| Standard Deviation | 3.35 | |||
| Variance | 11.24 | |||
| Downside Variance | 7.13 | |||
| Semi Variance | 3.86 | |||
| Expected Short fall | (2.59) |
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 CND offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CND'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 Cnd Crypto.Check out Historical Fundamental Analysis of CND to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.