KEY Crypto Coin Forecast - Simple Moving Average
KEY Crypto | USD 0 0.0002 7.40% |
The Simple Moving Average forecasted value of KEY on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002 and the sum of the absolute errors of 0.01. KEY Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast KEY crypto prices and determine the direction of KEY's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of KEY's historical fundamentals, such as revenue growth or operating cash flow patterns.
KEY |
KEY Simple Moving Average Price Forecast For the 26th of November
Given 90 days horizon, the Simple Moving Average forecasted value of KEY on the next trading day is expected to be 0 with a mean absolute deviation of 0.0002, mean absolute percentage error of 0.00000007, and the sum of the absolute errors of 0.01.Please note that although there have been many attempts to predict KEY 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 KEY's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
KEY Crypto Coin Forecast Pattern
KEY Forecasted Value
In the context of forecasting KEY'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. KEY's downside and upside margins for the forecasting period are 0.000036 and 5.76, respectively. We have considered KEY'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of KEY crypto coin data series using in forecasting. Note that when a statistical model is used to represent KEY 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 | 97.9931 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 2.0E-4 |
MAPE | Mean absolute percentage error | 0.0542 |
SAE | Sum of the absolute errors | 0.0126 |
Predictive Modules for KEY
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KEY. 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 KEY
For every potential investor in KEY, whether a beginner or expert, KEY's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KEY Crypto Coin price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KEY. Basic forecasting techniques help filter out the noise by identifying KEY's price trends.KEY 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 KEY crypto coin to make a market-neutral strategy. Peer analysis of KEY could also be used in its relative valuation, which is a method of valuing KEY by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
KEY 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 KEY'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 KEY's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
KEY Market Strength Events
Market strength indicators help investors to evaluate how KEY 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 KEY shares will generate the highest return on investment. By undertsting and applying KEY crypto coin market strength indicators, traders can identify KEY entry and exit signals to maximize returns.
Accumulation Distribution | 0.0774 | |||
Daily Balance Of Power | 0.8821 | |||
Rate Of Daily Change | 1.07 | |||
Day Median Price | 0.0035 | |||
Day Typical Price | 0.0035 | |||
Market Facilitation Index | 3.0E-4 | |||
Price Action Indicator | 2.0E-4 | |||
Period Momentum Indicator | 2.0E-4 | |||
Relative Strength Index | 32.06 |
KEY Risk Indicators
The analysis of KEY'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 KEY's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting key 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 | 4.32 | |||
Standard Deviation | 5.76 | |||
Variance | 33.21 |
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 KEY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KEY'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 Key Crypto.Check out Historical Fundamental Analysis of KEY to cross-verify your projections. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.