MAN Crypto Coin Forecast - Triple Exponential Smoothing

MAN Crypto  USD 0.02  0.01  22.81%   
The Triple Exponential Smoothing forecasted value of MAN on the next trading day is expected to be 0.02 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.09. MAN Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MAN crypto prices and determine the direction of MAN's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MAN's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for MAN - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When MAN 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 trend in MAN price movement. However, neither of these exponential smoothing models address any seasonality of MAN.

MAN Triple Exponential Smoothing Price Forecast For the 2nd of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of MAN on the next trading day is expected to be 0.02 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000458, and the sum of the absolute errors of 0.09.
Please note that although there have been many attempts to predict MAN 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 MAN's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MAN Crypto Coin Forecast Pattern

MAN Forecasted Value

In the context of forecasting MAN'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. MAN's downside and upside margins for the forecasting period are 0.0002 and 11.31, respectively. We have considered MAN'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
0.02
0.0002
Downside
0.02
Expected Value
11.31
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of MAN crypto coin data series using in forecasting. Note that when a statistical model is used to represent MAN 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 -3.0E-4
MADMean absolute deviation0.0015
MAPEMean absolute percentage error0.0775
SAESum of the absolute errors0.0869
As with simple exponential smoothing, in triple exponential smoothing models past MAN observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older MAN observations.

Predictive Modules for MAN

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAN. 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
0.000.0311.02
Details
Intrinsic
Valuation
LowRealHigh
0.000.0211.01
Details

Other Forecasting Options for MAN

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

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

MAN 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 MAN'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 MAN's current price.

MAN Market Strength Events

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

MAN Risk Indicators

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