Coin98 Chance of Future Crypto Coin Price Finishing Under 0.13
| C98 Crypto | USD 0.17 0.02 13.33% |
Coin98 |
Coin98 Target Price Odds to finish below 0.13
The tendency of Coin98 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 drop to $ 0.13 or more in 90 days |
| 0.17 | 90 days | 0.13 | about 49.86 |
Based on a normal probability distribution, the odds of Coin98 to drop to $ 0.13 or more in 90 days from now is about 49.86 (This Coin98 probability density function shows the probability of Coin98 Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Coin98 price to stay between $ 0.13 and its current price of $0.17 at the end of the 90-day period is about 49.88 .
Assuming the 90 days trading horizon Coin98 has a beta of -0.0062 suggesting as returns on the benchmark increase, returns on holding Coin98 are expected to decrease at a much lower rate. During a bear market, however, Coin98 is likely to outperform the market. Additionally Coin98 has an alpha of 0.5169, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Coin98 Price Density |
| Price |
Predictive Modules for Coin98
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coin98. 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.Coin98 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Coin98 is not an exception. The market had few large corrections towards the Coin98'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 Coin98, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Coin98 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | -0.0062 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.06 |
Coin98 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 Coin98 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Coin98 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Coin98 is way too risky over 90 days horizon | |
| Coin98 has some characteristics of a very speculative cryptocurrency | |
| Coin98 appears to be risky and price may revert if volatility continues |
Coin98 Technical Analysis
Coin98's future price can be derived by breaking down and analyzing its technical indicators over time. Coin98 Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Coin98. In general, you should focus on analyzing Coin98 Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Coin98 Predictive Forecast Models
Coin98's time-series forecasting models is one of many Coin98'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 Coin98'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 Coin98
Checking the ongoing alerts about Coin98 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Coin98 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Coin98 is way too risky over 90 days horizon | |
| Coin98 has some characteristics of a very speculative cryptocurrency | |
| Coin98 appears to be risky and price may revert if volatility continues |
Check out Coin98 Backtesting, Portfolio Optimization, Coin98 Correlation, Cryptocurrency Center, Coin98 Volatility, Coin98 History as well as Coin98 Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.