Virtual Protocol Crypto Coin Forecast - 20 Period Moving Average
| VIRTUAL Crypto | USD 1.26 0.05 4.13% |
The 20 Period Moving Average forecasted value of Virtual Protocol on the next trading day is expected to be 1.59 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 8.77. Virtual Crypto Coin Forecast is based on your current time horizon.
Virtual |
Virtual Protocol 20 Period Moving Average Price Forecast For the 3rd of August
Given 90 days horizon, the 20 Period Moving Average forecasted value of Virtual Protocol on the next trading day is expected to be 1.59 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.06, and the sum of the absolute errors of 8.77.Please note that although there have been many attempts to predict Virtual 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 Virtual Protocol's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Virtual Protocol Crypto Coin Forecast Pattern
Virtual Protocol Forecasted Value
In the context of forecasting Virtual Protocol'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. Virtual Protocol's downside and upside margins for the forecasting period are 0.01 and 11.34, respectively. We have considered Virtual Protocol'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 Virtual Protocol crypto coin data series using in forecasting. Note that when a statistical model is used to represent Virtual Protocol 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 | 78.5343 |
| Bias | Arithmetic mean of the errors | 0.1161 |
| MAD | Mean absolute deviation | 0.2139 |
| MAPE | Mean absolute percentage error | 0.1392 |
| SAE | Sum of the absolute errors | 8.7695 |
Predictive Modules for Virtual Protocol
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Virtual Protocol. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virtual Protocol's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Virtual Protocol
For every potential investor in Virtual, whether a beginner or expert, Virtual Protocol's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Virtual Crypto Coin price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Virtual. Basic forecasting techniques help filter out the noise by identifying Virtual Protocol's price trends.Virtual Protocol 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 Virtual Protocol crypto coin to make a market-neutral strategy. Peer analysis of Virtual Protocol could also be used in its relative valuation, which is a method of valuing Virtual Protocol by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Virtual Protocol 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 Virtual Protocol'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 Virtual Protocol's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Virtual Protocol Market Strength Events
Market strength indicators help investors to evaluate how Virtual Protocol 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 Virtual Protocol shares will generate the highest return on investment. By undertsting and applying Virtual Protocol crypto coin market strength indicators, traders can identify Virtual Protocol entry and exit signals to maximize returns.
Virtual Protocol Risk Indicators
The analysis of Virtual Protocol'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 Virtual Protocol's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting virtual 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 | 6.51 | |||
| Standard Deviation | 9.78 | |||
| Variance | 95.62 |
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 Virtual Protocol is a strong investment it is important to analyze Virtual Protocol's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Virtual Protocol's future performance.Check out Historical Fundamental Analysis of Virtual Protocol 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.