Staked Ether Crypto Coin Forecast - Simple Regression

STETH Crypto  USD 3,365  6.07  0.18%   
The Simple Regression forecasted value of Staked Ether on the next trading day is expected to be 3,027 with a mean absolute deviation of 162.45 and the sum of the absolute errors of 10,072. Staked Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Staked Ether crypto prices and determine the direction of Staked Ether's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Staked Ether's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Staked Ether price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Staked Ether Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of Staked Ether on the next trading day is expected to be 3,027 with a mean absolute deviation of 162.45, mean absolute percentage error of 36,669, and the sum of the absolute errors of 10,072.
Please note that although there have been many attempts to predict Staked 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 Staked Ether's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Staked Ether Crypto Coin Forecast Pattern

Staked Ether Forecasted Value

In the context of forecasting Staked Ether'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. Staked Ether's downside and upside margins for the forecasting period are 3,024 and 3,031, respectively. We have considered Staked Ether'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
3,365
3,027
Expected Value
3,031
Upside

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 Staked Ether crypto coin data series using in forecasting. Note that when a statistical model is used to represent Staked Ether 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 Criteria130.4581
BiasArithmetic mean of the errors None
MADMean absolute deviation162.4513
MAPEMean absolute percentage error0.0612
SAESum of the absolute errors10071.9794
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Staked Ether historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Staked Ether

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Staked Ether. 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
3,3613,3653,368
Details
Intrinsic
Valuation
LowRealHigh
2,5832,5863,701
Details
Bollinger
Band Projection (param)
LowMiddleHigh
2,2072,8393,471
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Staked Ether. Your research has to be compared to or analyzed against Staked Ether's peers to derive any actionable benefits. When done correctly, Staked Ether's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Staked Ether.

Other Forecasting Options for Staked Ether

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

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

Staked Ether 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 Staked Ether'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 Staked Ether's current price.

Staked Ether Market Strength Events

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

Staked Ether Risk Indicators

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