Analysis of Steem: In my analysis of 2017, 2.66% error in the final price (2,93$ vs 3,01$)
Last year, 8 months ago, being more accurate, on May 27, 2017 I did an analysis of Steem in which I made a prediction in the price for December 31, 2017.
As you can see in this post https://steemit.com/steemit/@malonmar/cryptocurrencies-analysis-4-my-target-price-for-steem-is-usd2-93 my target price was 2.93 dollars for 1 Steem.
What happened? Well, I was very close to hit since Steem price closed the last day of the year at 3.01 dollars, my error was 2.66%, only 8 cents.
For this year, I plan to do another analysis, I have to think well on how to raise it, but I have to add other variables to the calculation.
Will I be just as accurate? I hope so, but it is very complicated.
A greeting Steemians, we'll see how it goes on 2018, it looks like it's exciting.
Damn! Pretty Impressive! Waiting for your next prediction I wish you the same precision hehehe
Just curious, what was the price then?
Nice
Thx