Last Update:
Monday, April 21, 2025
Opening Value:
175.1
Highest Value:
177.98
Lowest Value:
171.41
Adj. Closing Value:
175
- The forecast plot shows the forecasted Coinbase stock prices for the next 12 months.
- The plot also shows the 80% prediction interval in dark purple and the 95% prediction interval in light purple.
- The numeric values for these forecasted values and prediction intervals are shown in the next tab.
The table below shows the forecast values and 80% and 95% prediction intervals for the 12 requested forecasts for the Coinbase stock.
| Point Forecast | Lo 80 | Hi 80 | Lo 95 | Hi 95 | |
|---|---|---|---|---|---|
| Feb 2025 | 174.52 | 124.068431 | 224.9716 | 97.360982 | 251.6790 |
| Mar 2025 | 174.52 | 103.170706 | 245.8693 | 65.400668 | 283.6393 |
| Apr 2025 | 174.52 | 87.135317 | 261.9047 | 40.876657 | 308.1634 |
| May 2025 | 174.52 | 73.616858 | 275.4232 | 20.201960 | 328.8380 |
| Jun 2025 | 174.52 | 61.706858 | 287.3332 | 1.987185 | 347.0528 |
| Jul 2025 | 174.52 | 50.939394 | 298.1006 | -14.480230 | 363.5202 |
| Aug 2025 | 174.52 | 41.037689 | 308.0023 | -29.623580 | 378.6636 |
| Sep 2025 | 174.52 | 31.821407 | 317.2186 | -43.718668 | 392.7587 |
| Oct 2025 | 174.52 | 23.165285 | 325.8747 | -56.957063 | 405.9971 |
| Nov 2025 | 174.52 | 14.978122 | 334.0619 | -69.478248 | 418.5183 |
| Dec 2025 | 174.52 | 7.191067 | 341.8489 | -81.387522 | 430.4275 |
| Jan 2026 | 174.52 | -0.249371 | 349.2894 | -92.766690 | 441.8067 |
- In March of 2026, the Coinbase stock price is forecasted to be 175 dollars.
- The width of the 80% prediction interval for this forecast in March of 2026 is 335 dollars.
These three residual plots allow the analyst to examine the distribution of the residuals of the modeled time series.
Despite increasing volatility, our stock price model is estimated to be 81% accurate.
This doesn’t guarantee that forecasts will be 81% accurate but it does improve our chances of accurate forecasting.
This dashboard was created using Quarto in RStudio, and the R Language and Environment.
The dataset used to create this dashboard was downloaded from Yahoo Finance.
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