Cipher Mining Stock Forward View - Triple Exponential Smoothing

Cipher Mining Additional Predictive Modules

Most predictive techniques to examine Cipher price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cipher using various technical indicators. When you analyze Cipher 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. Triple exponential smoothing for Cipher Mining - 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 Cipher Mining 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 Cipher Mining price movement. However, neither of these exponential smoothing models address any seasonality of Cipher Mining.

Cipher Mining Triple Exponential Smoothing Price Forecast For the 9th of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Cipher Mining on the next trading day is expected to be 4.03 with a mean absolute deviation of 0.80, mean absolute percentage error of 1.23, and the sum of the absolute errors of 47.23.

Cipher Mining Stock Forecast Pattern

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Cipher Mining Price Prediction

Research Analysis

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 Cipher Mining stock data series using in forecasting. Note that when a statistical model is used to represent Cipher Mining stock, 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. As with simple exponential smoothing, in triple exponential smoothing models past Cipher Mining 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 Cipher Mining observations.

Predictive Modules for Cipher Mining

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cipher Mining. Regardless of method or technology, however, to accurately forecast the stock 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.

Hype Prediction Low Estimated High 0.16 3.26 15.02 Details

Intrinsic Valuation Low Real High 0.19 3.89 15.65 Details

Cipher Mining After-Hype Price Density Analysis

Cipher Mining Estimiated After-Hype Price Volatility

Cipher Mining Stock Price Outlook Analysis

Notes

Cipher Mining Hype Timeline

Cipher Mining is currently traded for 4.09. The entity has historical hype elasticity of -0.83, and average elasticity to hype of competition of -0.99. Cipher is projected to decline in value after the next headline, with the price expected to drop to 3.26. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -20.29%, whereas the daily expected return is currently at -1.39%. The volatility of related hype on Cipher Mining is about 1654.01%, with the expected price after the next announcement by competition of 3.10. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next projected press release will be in about 5 days. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Cipher Mining Related Hype Analysis

Cipher Mining Related Equities

Risk & Return

Correlation

Cipher Mining Market Strength Events

Cipher Mining Risk Indicators

Story Coverage note for Cipher Mining

Cipher Mining Short Properties

Other Consideration for investing in Cipher Stock