Centrifuge Probability of Future Crypto Coin Price Finishing Over 0.4
| CFG Crypto | USD 0.40 0.01 2.44% |
Centrifuge |
Centrifuge Target Price Odds to finish over 0.4
The tendency of Centrifuge 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 |
| 0.40 | 90 days | 0.40 | nearly 4.92 |
Based on a normal probability distribution, the odds of Centrifuge to move above the current price in 90 days from now is nearly 4.92 (This Centrifuge probability density function shows the probability of Centrifuge Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Centrifuge has a beta of -0.54 suggesting as returns on the benchmark increase, returns on holding Centrifuge are expected to decrease at a much lower rate. During a bear market, however, Centrifuge is likely to outperform the market. Additionally Centrifuge has an alpha of 0.4446, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Centrifuge Price Density |
| Price |
Predictive Modules for Centrifuge
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centrifuge. 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.Centrifuge Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centrifuge is not an exception. The market had few large corrections towards the Centrifuge'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 Centrifuge, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centrifuge within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.05 |
Centrifuge 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 Centrifuge for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centrifuge can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Centrifuge had very high historical volatility over the last 90 days | |
| Centrifuge has some characteristics of a very speculative cryptocurrency |
Centrifuge Technical Analysis
Centrifuge's future price can be derived by breaking down and analyzing its technical indicators over time. Centrifuge Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centrifuge. In general, you should focus on analyzing Centrifuge Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Centrifuge Predictive Forecast Models
Centrifuge's time-series forecasting models is one of many Centrifuge'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 Centrifuge'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 Centrifuge
Checking the ongoing alerts about Centrifuge for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centrifuge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centrifuge had very high historical volatility over the last 90 days | |
| Centrifuge has some characteristics of a very speculative cryptocurrency |
Check out Centrifuge Backtesting, Portfolio Optimization, Centrifuge Correlation, Cryptocurrency Center, Centrifuge Volatility, Centrifuge History as well as Centrifuge Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.