Bitwise 10 Crypto Fund Probability of Future OTC Fund Price Finishing Over 58.89
BITW Fund | USD 58.89 0.53 0.91% |
Bitwise |
Bitwise 10 Target Price Odds to finish over 58.89
The tendency of Bitwise OTC Fund 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 move above the current price in 90 days |
58.89 | 90 days | 58.89 | near 1 |
Based on a normal probability distribution, the odds of Bitwise 10 to move above the current price in 90 days from now is near 1 (This Bitwise 10 Crypto probability density function shows the probability of Bitwise OTC Fund to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the otc fund has the beta coefficient of 2.16 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bitwise 10 will likely underperform. Additionally Bitwise 10 Crypto has an alpha of 0.6643, implying that it can generate a 0.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bitwise 10 Price Density |
Price |
Predictive Modules for Bitwise 10
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitwise 10 Crypto. Regardless of method or technology, however, to accurately forecast the otc fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc fund 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 Bitwise 10'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.
Bitwise 10 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitwise 10 is not an exception. The market had few large corrections towards the Bitwise 10'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 Bitwise 10 Crypto, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitwise 10 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | 2.16 | |
σ | Overall volatility | 8.94 | |
Ir | Information ratio | 0.23 |
Bitwise 10 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 Bitwise 10 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitwise 10 Crypto can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Bitwise 10 Crypto appears to be risky and price may revert if volatility continues |
Bitwise 10 Technical Analysis
Bitwise 10's future price can be derived by breaking down and analyzing its technical indicators over time. Bitwise OTC Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitwise 10 Crypto. In general, you should focus on analyzing Bitwise OTC Fund price patterns and their correlations with different microeconomic environments and drivers.
Bitwise 10 Predictive Forecast Models
Bitwise 10's time-series forecasting models is one of many Bitwise 10's otc fund 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 Bitwise 10'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 otc fund market movement and maximize returns from investment trading.
Things to note about Bitwise 10 Crypto
Checking the ongoing alerts about Bitwise 10 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitwise 10 Crypto help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Bitwise 10 Crypto appears to be risky and price may revert if volatility continues |
Other Information on Investing in Bitwise OTC Fund
Bitwise 10 financial ratios help investors to determine whether Bitwise OTC Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bitwise with respect to the benefits of owning Bitwise 10 security.
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