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Forecast
We use mathematical models to forecast the price of an asset in the future. We use various models of forecasting mainly coming from econometric. To visualize a specific forecast you need to fill up two parameters: the forecast you need to see and the date from where you want to visualize the forecast. A forecast gives you a price estimation in the future so let’s imagine we are the 4th of January 2021 and we want to see the forecast prevision at 20 days: we fill the parameter as follows:
Parameter for Forecast
We get the following forecast:
Forecast on adidas on the 4th of January 2021
The forecast is telling us that the price is likely to increase in the upcoming days. Be careful it is a statistical approach and we cannot guarantee that the price will indeed increase.
🧙♂
If you want more information on the forecast please click here.
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