Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
It may not be a very accurate forecast, but it is based on the hypothesis of a polynomial trend.
That would be a 2,300,000% profit.
Alright here is the scientific forecast that I have promised. I have extensive quantitative analysis knowledge, been doing this for 10+ years.
SCIENTIFIC FORECASTING AMP
1) I took the historical data from Poloniex of AMP/BTC, daily close prices
2) I have applied regression analysis on the historical data, and I have forecasted the next 60 days
3) Here are the results.
Model: Cochrane-Orcutt with 100 lag parameters, with constant
Method of calculation based on this book:
Ramanathan, R. (2002) Introductory Econometrics with Applications, Fort Worth: Harcourt, fifth edition
http://trove.nla.gov.au/work/2164755
I am not going to put the coefficients here, because they change every single time, so they need to be calculated every time the data has changed (new price data comes).
Download entire 60 day forecast from here: http://s000.tinyupload.com/index.php?file_id=64454204059596968896
(It's .csv format, which is a text format, don't worry no viruses)
In the .csv, the confidence interval is for 95% probability, while in the illustration above it's for 90%.
My analysis shows a very nice uptrend
