YFII Crypto Coin Forward View - Double Exponential Smoothing

YFII Crypto  USD 46.19  0.37  0.79%   
YFII Crypto Coin outlook is based on your current time horizon. Investors can use this forecasting interface to forecast YFII crypto prices and determine the direction of YFII's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of YFII's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the RSI of YFII's share price is approaching 40. This entails that the crypto coin 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 YFII, making its price go up or down.

Momentum 40

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of YFII's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with YFII, which may create opportunities for some arbitrage if properly timed.
Using YFII hype-based prediction, you can estimate the value of YFII from the perspective of YFII response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of YFII on the next trading day is expected to be 45.78 with a mean absolute deviation of 1.79 and the sum of the absolute errors of 107.35.

YFII after-hype prediction price

    
  .CC 46.33  
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 crypto price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of YFII to cross-verify your projections.

YFII Additional Predictive Modules

Most predictive techniques to examine YFII price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for YFII using various technical indicators. When you analyze YFII 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for YFII works best with periods where there are trends or seasonality.

YFII Double Exponential Smoothing Price Forecast For the 1st of February

Given 90 days horizon, the Double Exponential Smoothing forecasted value of YFII on the next trading day is expected to be 45.78 with a mean absolute deviation of 1.79, mean absolute percentage error of 7.50, and the sum of the absolute errors of 107.35.
Please note that although there have been many attempts to predict YFII 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 YFII's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

YFII Crypto Coin Forecast Pattern

YFII Forecasted Value

In the context of forecasting YFII'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. YFII's downside and upside margins for the forecasting period are 40.86 and 50.69, respectively. We have considered YFII'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
46.19
45.78
Expected Value
50.69
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of YFII crypto coin data series using in forecasting. Note that when a statistical model is used to represent YFII 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 CriteriaHuge
BiasArithmetic mean of the errors 0.4527
MADMean absolute deviation1.7891
MAPEMean absolute percentage error0.032
SAESum of the absolute errors107.3483
When YFII prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any YFII trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent YFII observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for YFII

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as YFII. 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
41.4146.3351.25
Details
Intrinsic
Valuation
LowRealHigh
38.6443.5648.48
Details
Bollinger
Band Projection (param)
LowMiddleHigh
43.9351.2958.65
Details

YFII After-Hype Price Density Analysis

As far as predicting the price of YFII 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 YFII 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 Crypto Coin prices, such as prices of YFII, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

YFII Estimiated After-Hype Price Volatility

In the context of predicting YFII's crypto coin value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on YFII's historical news coverage. YFII's after-hype downside and upside margins for the prediction period are 41.41 and 51.25, respectively. We have considered YFII'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
46.19
46.33
After-hype Price
51.25
Upside
YFII is very risky at this time. Analysis and calculation of next after-hype price of YFII is based on 3 months time horizon.

YFII Crypto Coin Price Outlook Analysis

Have you ever been surprised when a price of a Cryptocurrency such as YFII is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading YFII 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 Crypto 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 YFII, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.38 
4.92
  0.14 
  0.01 
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
46.19
46.33
0.30 
1,330  
Notes

YFII Hype Timeline

YFII is at this time traded for 46.19. The entity has historical hype elasticity of 0.14, and average elasticity to hype of competition of 0.01. YFII is forecasted to increase in value after the next headline, with the price projected to jump to 46.33 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is anticipated to be 0.3%, whereas the daily expected return is at this time at -0.38%. The volatility of related hype on YFII is about 13446.99%, with the expected price after the next announcement by competition of 46.20. Assuming the 90 days trading horizon the next forecasted press release will be very soon.
Check out Historical Fundamental Analysis of YFII to cross-verify your projections.

YFII Related Hype Analysis

Having access to credible news sources related to YFII's direct competition is more important than ever and may enhance your ability to predict YFII's future price movements. Getting to know how YFII'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 YFII may potentially react to the hype associated with one of its peers.

Other Forecasting Options for YFII

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

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

YFII Market Strength Events

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

YFII Risk Indicators

The analysis of YFII'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 YFII's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yfii 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.

Story Coverage note for YFII

The number of cover stories for YFII depends on current market conditions and YFII's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that YFII 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 YFII's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
When determining whether YFII offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YFII'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 Yfii Crypto.
Check out Historical Fundamental Analysis of YFII to cross-verify your projections.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Please note, there is a significant difference between YFII's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine YFII 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, YFII's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.