Bakkt Holdings Stock Forecast - Polynomial Regression
| BKKT Stock | USD 0.44 0.05 10.20% |
The Polynomial Regression forecasted value of Bakkt Holdings on the next trading day is expected to be 0.57 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.53. Bakkt Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bakkt Holdings stock prices and determine the direction of Bakkt Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bakkt Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Bakkt Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Bakkt Holdings' systematic risk associated with finding meaningful patterns of Bakkt Holdings fundamentals over time.
Check out Historical Fundamental Analysis of Bakkt Holdings to cross-verify your projections. Bakkt |
Open Interest Against 2024-04-19 Bakkt Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Bakkt Holdings' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Bakkt Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Bakkt Holdings stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Bakkt Holdings' open interest, investors have to compare it to Bakkt Holdings' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Bakkt Holdings is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Bakkt. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Bakkt Holdings 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 Bakkt Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bakkt Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
Bakkt Holdings polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Bakkt Holdings as well as the accuracy indicators are determined from the period prices. Bakkt Holdings Polynomial Regression Price Forecast For the 17th of April 2024
Given 90 days horizon, the Polynomial Regression forecasted value of Bakkt Holdings on the next trading day is expected to be 0.57 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.53.Please note that although there have been many attempts to predict Bakkt Stock 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 Bakkt Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bakkt Holdings Stock Forecast Pattern
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Bakkt Holdings Forecasted Value
In the context of forecasting Bakkt Holdings' Stock 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. Bakkt Holdings' downside and upside margins for the forecasting period are 0 and 10.68, respectively. We have considered Bakkt Holdings' 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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Bakkt Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Bakkt Holdings 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.| AIC | Akaike Information Criteria | 113.518 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0742 |
| MAPE | Mean absolute percentage error | 0.0899 |
| SAE | Sum of the absolute errors | 4.526 |
Predictive Modules for Bakkt Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bakkt Holdings. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bakkt Holdings' 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 Bakkt Holdings
For every potential investor in Bakkt, whether a beginner or expert, Bakkt Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bakkt Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bakkt. Basic forecasting techniques help filter out the noise by identifying Bakkt Holdings' price trends.Bakkt Holdings 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 Bakkt Holdings stock to make a market-neutral strategy. Peer analysis of Bakkt Holdings could also be used in its relative valuation, which is a method of valuing Bakkt Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bakkt Holdings Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Bakkt Holdings' 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 Bakkt Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bakkt Holdings Market Strength Events
Market strength indicators help investors to evaluate how Bakkt Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bakkt Holdings shares will generate the highest return on investment. By undertsting and applying Bakkt Holdings stock market strength indicators, traders can identify Bakkt Holdings entry and exit signals to maximize returns.
Bakkt Holdings Risk Indicators
The analysis of Bakkt Holdings' 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 Bakkt Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bakkt stock 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 | 6.54 | |||
| Standard Deviation | 9.98 | |||
| Variance | 99.7 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bakkt Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bakkt Holdings' short interest history, or implied volatility extrapolated from Bakkt Holdings options trading.
Pair Trading with Bakkt Holdings
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 Bakkt Holdings 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 Bakkt Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Bakkt Stock
| 0.84 | DTSS | Datasea | PairCorr |
| 0.83 | SQ | Block Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.8 | HCP | Hashicorp Financial Report 5th of June 2024 | PairCorr |
| 0.79 | EEFT | Euronet Worldwide Financial Report 7th of May 2024 | PairCorr |
| 0.71 | GCT | GigaCloud Technology Financial Report 22nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Bakkt Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bakkt Holdings 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 Bakkt Holdings - 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 Bakkt Holdings to buy it.
The correlation of Bakkt Holdings is a statistical measure of how it moves in relation to other instruments. 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 Bakkt Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bakkt Holdings 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 Bakkt Holdings 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.Check out Historical Fundamental Analysis of Bakkt Holdings to cross-verify your projections. For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Bakkt Stock analysis
When running Bakkt Holdings' price analysis, check to measure Bakkt Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bakkt Holdings is operating at the current time. Most of Bakkt Holdings' value examination focuses on studying past and present price action to predict the probability of Bakkt Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bakkt Holdings' price. Additionally, you may evaluate how the addition of Bakkt Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Bakkt Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bakkt Holdings. If investors know Bakkt will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bakkt Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Revenue Per Share 8.757 | Quarterly Revenue Growth 12.485 | Return On Assets (0.11) | Return On Equity (0.96) |
The market value of Bakkt Holdings is measured differently than its book value, which is the value of Bakkt that is recorded on the company's balance sheet. Investors also form their own opinion of Bakkt Holdings' value that differs from its market value or its book value, called intrinsic value, which is Bakkt Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bakkt Holdings' market value can be influenced by many factors that don't directly affect Bakkt Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bakkt Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bakkt Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bakkt Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.