Avalanche Crypto Coin Forecast - Naive Prediction

AVAX
 Crypto
  

USD 18.52  0.46  2.55%   

Avalanche Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Avalanche historical crypto prices and determine the direction of Avalanche's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Avalanche historical fundamentals such as revenue growth or operating cash flow patterns.
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Most investors in Avalanche cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Avalanche's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Avalanche's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Avalanche is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Avalanche value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Avalanche Naive Prediction Price Forecast For the 29th of September

Given 90 days horizon, the Naive Prediction forecasted value of Avalanche on the next trading day is expected to be 20.53 with a mean absolute deviation of 1.29, mean absolute percentage error of 2.59, and the sum of the absolute errors of 78.87.
Please note that although there have been many attempts to predict Avalanche 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 Avalanche's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Avalanche Crypto Coin Forecast Pattern

Avalanche Forecasted Value

In the context of forecasting Avalanche'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. Avalanche's downside and upside margins for the forecasting period are 14.48 and 26.58, respectively. We have considered Avalanche'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 18.52
20.53
Expected Value
26.58
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Avalanche crypto coin data series using in forecasting. Note that when a statistical model is used to represent Avalanche 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 Criteria119.0633
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2929
MAPEMean absolute percentage error0.0589
SAESum of the absolute errors78.8654
This model is not at all useful as a medium-long range forecasting tool of Avalanche. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Avalanche. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Avalanche

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avalanche. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of Avalanche'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. Please use the tools below to analyze the current value of Avalanche in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12.3918.4424.49
Details
Intrinsic
Valuation
LowReal ValueHigh
11.2517.3023.35
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.4420.1323.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avalanche. Your research has to be compared to or analyzed against Avalanche's peers to derive any actionable benefits. When done correctly, Avalanche's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Avalanche.

Avalanche 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 Avalanche crypto coin to make a market-neutral strategy. Peer analysis of Avalanche could also be used in its relative valuation, which is a method of valuing Avalanche by comparing valuation metrics with similar companies.
EthereumXRPSolanaCardanoPolkadotChainlinkPolygonFTX TokenUniswap Protocol TokenDaiStaked EtherAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 Covered
 Risk & Return  Correlation

Avalanche Risk Indicators

The analysis of Avalanche's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Avalanche's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Avalanche stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avalanche without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Avalanche

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avalanche position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avalanche will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avalanche

+0.8ETHEthereumPairCorr
+0.83XRPXRPPairCorr
The ability to find closely correlated positions to Avalanche could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avalanche when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avalanche - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avalanche to buy it.
The correlation of Avalanche is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avalanche moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avalanche moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avalanche can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Avalanche information on this page should be used as a complementary analysis to other Avalanche's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Tools for Avalanche Crypto Coin

When running Avalanche price analysis, check to measure Avalanche's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Avalanche is operating at the current time. Most of Avalanche's value examination focuses on studying past and present price actions to predict the probability of Avalanche's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Avalanche's coin price. Additionally, you may evaluate how adding Avalanche to your portfolios can decrease your overall portfolio volatility.
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