Aptos Crypto Coin Forecast - Simple Regression

APT Crypto  USD 10.43  0.70  7.19%   
The Simple Regression forecasted value of Aptos on the next trading day is expected to be 10.41 with a mean absolute deviation of 0.65 and the sum of the absolute errors of 39.48. Aptos Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aptos crypto prices and determine the direction of Aptos's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aptos' 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 Aptos 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.

Aptos Simple Regression Price Forecast For the 11th of November 2024

Given 90 days horizon, the Simple Regression forecasted value of Aptos on the next trading day is expected to be 10.41 with a mean absolute deviation of 0.65, mean absolute percentage error of 0.57, and the sum of the absolute errors of 39.48.
Please note that although there have been many attempts to predict Aptos 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 Aptos' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aptos Crypto Coin Forecast Pattern

Aptos Forecasted Value

In the context of forecasting Aptos' 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. Aptos' downside and upside margins for the forecasting period are 4.72 and 16.11, respectively. We have considered Aptos' 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
10.43
10.41
Expected Value
16.11
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 Aptos crypto coin data series using in forecasting. Note that when a statistical model is used to represent Aptos 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 Criteria117.5503
BiasArithmetic mean of the errors None
MADMean absolute deviation0.6473
MAPEMean absolute percentage error0.0844
SAESum of the absolute errors39.4833
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 Aptos 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 Aptos

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aptos. 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
5.2610.9616.66
Details
Intrinsic
Valuation
LowRealHigh
3.228.9214.62
Details

Other Forecasting Options for Aptos

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

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

Aptos 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 Aptos' 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 Aptos' current price.

Aptos Market Strength Events

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

Aptos Risk Indicators

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