BOX Chance of Future Crypto Coin Price Finishing Over 1.52E-4
| BOX Crypto | USD 0.0002 0.000045 22.84% |
BOX |
BOX Target Price Odds to finish over 1.52E-4
The tendency of BOX 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 move above the current price in 90 days |
| 0.0002 | 90 days | 0.0002 | about 84.13 |
Based on a normal probability distribution, the odds of BOX to move above the current price in 90 days from now is about 84.13 (This BOX probability density function shows the probability of BOX Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BOX has a beta of 0.66 suggesting as returns on the market go up, BOX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BOX will be expected to be much smaller as well. Additionally BOX has an alpha of 0.1077, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BOX Price Density |
| Price |
Predictive Modules for BOX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BOX. 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.BOX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BOX is not an exception. The market had few large corrections towards the BOX'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 BOX, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BOX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 0.000022 | |
Ir | Information ratio | 0.01 |
BOX 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 BOX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BOX can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BOX had very high historical volatility over the last 90 days | |
| BOX has some characteristics of a very speculative cryptocurrency |
BOX Technical Analysis
BOX's future price can be derived by breaking down and analyzing its technical indicators over time. BOX Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BOX. In general, you should focus on analyzing BOX Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
BOX Predictive Forecast Models
BOX's time-series forecasting models is one of many BOX'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 BOX'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 BOX
Checking the ongoing alerts about BOX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BOX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BOX had very high historical volatility over the last 90 days | |
| BOX has some characteristics of a very speculative cryptocurrency |
Check out BOX Backtesting, Portfolio Optimization, BOX Correlation, Cryptocurrency Center, BOX Volatility, BOX History as well as BOX Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.