- Ethereum is forecasted to increase to more than $550 per unit by November 2022 – an astonishing 282% increase.
- New data also recommends avoiding Alphabet Inc, that could notice a slump of -6% per share.
- EOS investors have observed a 580% increase in value in just one year.
- In contrast, coffee slumped on the market, leading to a -21% change and subsequent loss.
- New tool blogs about the performance of commodities, cryptocurrencies and companies to predict the following big investment opportunity.
Do you need to go from being a stock exchange dreamer to some high earner? A new tool might be what you ought to help your hindsight into insight.
Via a bespoke algorithm that uses machine learning, the tool feeds historical data on all 15 options via a recurrent neural network to unveil the future rise and fall in value for every investment.
The 15 commodities monitored inside the piece include:
- Bitcoin
- Ethereum
- Ripple
- Bitcoin Cash
- EOS
- Gold
- Oil
- Copper
- Wheat
- Coffee
- Apple
- Alphabet
- Microsoft
- Amazon
All data is displayed in concise visualisations, enabling you to compare individual or multiple investments side-by-side.
The future predictions reveal that the cryptocurrencies are experiencing the highest percentage increase, yielding more profit than commodities or companies.
The algorithm also reveals that the value of Ethereum will skyrocket from $196.92 per unit to $752.37 if it continues on its predicted path – an astounding 282% increase by 4th November.
Similarly, Ripple investors need to look toward the following month since the cryptocurrency is charted to increase in value by 243% – surging from $0.28 per unit to $0.96 per unit.
Alphabet Inc should perhaps be ignored because the value of the company is placed to drop -6% per share.
Despite the unpredictability from the cryptocurrency market, the historical data shows that, in comparison against commodity and company investments, EOS, Bitcoin and Ripple boast three from the top five investments.
EOS aficionados who invested in September 2022 will have noticed a 580% increase in price per unit over the last year – an increase from $0.73 per unit to $4.97.
Though its growth is expected to slow, Amazon experienced a 100% rise in value per share between September 2022 and September 2022.
Unfortunately for commodity investors, the two investments which have renedered the biggest losses over the past year include coffee and copper. Coffee has made one of the most significant losses during the last year, with a -21% change – dropping from $129.65 per pound to $103.00.
Meanwhile, despite its huge predicted rise, the volatility of cryptocurrency markets means Etherum is currently down -33% on its September 2022 price.
Copper investors can also get been disappointed with the -14% change in value over the previous year from $3.06 per pound to $2.63.
Commodity investors who chose to invest in oil over copper might have enjoyed a 45% rise from $48.07 per barrel to $69.82 in one year.
Values: Historical and predicted change in 15 leading investment choices
Investment |
Value on 11/09/17 | Value on 10/09/18 | Change % | Predicted Value on 04/11/18 | Predicted Change % |
Bitcoin | 4,161.27 | 6,300.86 | 51% | 10,104.27 | 60% |
Ethereum | 294.53 | 196.92 | -33% | 752.37 | 282% |
Ripple | 0.21 | 0.28 | 33% | 0.96 | 243% |
Bitcoin Cash | 537.81 | 481.19 | -11% | 1,549.96 | 222% |
EOS | 0.73 | 4.97 | 580% | 10.19 | 105% |
Gold | 1,334.20 | 1,198.90 | -10% | 1,290.31 | 8% |
Oil | 48.07 | 69.82 | 45% | 70.60 | 1% |
Copper | 3.06 | 2.63 | -14% | 2.98 | 13% |
Wheat | 440.00 | 518.00 | 18% | 552.08 | 7% |
Coffee | 129.65 | 103.00 | -21% | 109.27 | 6% |
Apple | 161.50 | 221.30 | 37% | 238.25 | 8% |
Alphabet | 929.08 | 1,164.83 | 25% | 1,098.25 | -6% |
Microsoft | 74.76 | 108.21 | 45% | 113.29 | 5% |
Amazon | 977.96 | 1,952.07 | 100% | 1,987.95 | 2% |
173.51 | 163.04 | -6% | 180.60 | 11% |