BounceBit Probability of Future Crypto Coin Price Finishing Under 0.35
| BB Crypto | 0.32 0.01 3.23% |
BounceBit |
BounceBit Target Price Odds to finish below 0.35
The tendency of BounceBit Crypto Coin price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under 0.35 after 90 days |
| 0.32 | 90 days | 0.35 | about 87.89 |
Based on a normal probability distribution, the odds of BounceBit to stay under 0.35 after 90 days from now is about 87.89 (This BounceBit probability density function shows the probability of BounceBit Crypto Coin to fall within a particular range of prices over 90 days) . Probability of BounceBit price to stay between its current price of 0.32 and 0.35 at the end of the 90-day period is about 26.42 .
Assuming the 90 days horizon BounceBit has a beta of -0.21 suggesting as returns on the benchmark increase, returns on holding BounceBit are expected to decrease at a much lower rate. During a bear market, however, BounceBit is likely to outperform the market. Additionally BounceBit has an alpha of 0.0825, implying that it can generate a 0.0825 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BounceBit Price Density |
| Price |
Predictive Modules for BounceBit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BounceBit. Regardless of method or technology, however, to accurately forecast the crypto coin market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the crypto coin market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BounceBit's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BounceBit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BounceBit is not an exception. The market had few large corrections towards the BounceBit's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold BounceBit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BounceBit within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.0092 |
BounceBit Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of BounceBit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BounceBit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BounceBit had very high historical volatility over the last 90 days | |
| BounceBit has some characteristics of a very speculative cryptocurrency |
BounceBit Technical Analysis
BounceBit's future price can be derived by breaking down and analyzing its technical indicators over time. BounceBit Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BounceBit. In general, you should focus on analyzing BounceBit Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
BounceBit Predictive Forecast Models
BounceBit's time-series forecasting models is one of many BounceBit's crypto coin analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary BounceBit's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the crypto coin market movement and maximize returns from investment trading.
Things to note about BounceBit
Checking the ongoing alerts about BounceBit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BounceBit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BounceBit had very high historical volatility over the last 90 days | |
| BounceBit has some characteristics of a very speculative cryptocurrency |
Check out BounceBit Backtesting, Portfolio Optimization, BounceBit Correlation, Cryptocurrency Center, BounceBit Volatility, BounceBit History as well as BounceBit Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between BounceBit's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine BounceBit value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, BounceBit's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.