BTM Chance of Future Crypto Coin Price Finishing Over 0.0054
BTM Crypto | USD 0.01 0.0002 3.62% |
BTM |
BTM Target Price Odds to finish over 0.0054
The tendency of BTM 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 over $ 0.01 or more in 90 days |
0.01 | 90 days | 0.01 | about 18.2 |
Based on a normal probability distribution, the odds of BTM to move over $ 0.01 or more in 90 days from now is about 18.2 (This BTM probability density function shows the probability of BTM Crypto Coin to fall within a particular range of prices over 90 days) . Probability of BTM price to stay between its current price of $ 0.01 and $ 0.01 at the end of the 90-day period is about 13.66 .
Assuming the 90 days trading horizon BTM has a beta of 0.34 suggesting as returns on the market go up, BTM average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BTM will be expected to be much smaller as well. Additionally BTM has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. BTM Price Density |
Price |
Predictive Modules for BTM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BTM. 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.BTM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BTM is not an exception. The market had few large corrections towards the BTM'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 BTM, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BTM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.0006 | |
Ir | Information ratio | -0.07 |
BTM 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 BTM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BTM can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.BTM generated a negative expected return over the last 90 days | |
BTM has high historical volatility and very poor performance | |
BTM has some characteristics of a very speculative cryptocurrency |
BTM Technical Analysis
BTM's future price can be derived by breaking down and analyzing its technical indicators over time. BTM Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BTM. In general, you should focus on analyzing BTM Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
BTM Predictive Forecast Models
BTM's time-series forecasting models is one of many BTM'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 BTM'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 BTM
Checking the ongoing alerts about BTM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BTM help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BTM generated a negative expected return over the last 90 days | |
BTM has high historical volatility and very poor performance | |
BTM has some characteristics of a very speculative cryptocurrency |
Check out BTM Backtesting, Portfolio Optimization, BTM Correlation, Cryptocurrency Center, BTM Volatility, BTM History as well as BTM Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.