CNNS Chance of Future Crypto Coin Price Finishing Over 5.2E-5
| CNNS Crypto | USD 0.000074 0.000002 2.78% |
CNNS |
CNNS Target Price Odds to finish over 5.2E-5
The tendency of CNNS 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 stay above $ 0.000052 in 90 days |
| 0.000074 | 90 days | 0.000052 | about 86.07 |
Based on a normal probability distribution, the odds of CNNS to stay above $ 0.000052 in 90 days from now is about 86.07 (This CNNS probability density function shows the probability of CNNS Crypto Coin to fall within a particular range of prices over 90 days) . Probability of CNNS price to stay between $ 0.000052 and its current price of $7.4E-5 at the end of the 90-day period is about 63.4 .
Assuming the 90 days trading horizon CNNS has a beta of -0.78 suggesting as returns on the benchmark increase, returns on holding CNNS are expected to decrease at a much lower rate. During a bear market, however, CNNS is likely to outperform the market. In addition to that CNNS has an alpha of 2.2719, implying that it can generate a 2.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CNNS Price Density |
| Price |
Predictive Modules for CNNS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CNNS. 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.CNNS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CNNS is not an exception. The market had few large corrections towards the CNNS'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 CNNS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CNNS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.27 | |
β | Beta against Dow Jones | -0.78 | |
σ | Overall volatility | 0.000012 | |
Ir | Information ratio | 0.10 |
CNNS 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 CNNS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CNNS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CNNS is way too risky over 90 days horizon | |
| CNNS has some characteristics of a very speculative cryptocurrency | |
| CNNS appears to be risky and price may revert if volatility continues |
CNNS Technical Analysis
CNNS's future price can be derived by breaking down and analyzing its technical indicators over time. CNNS Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CNNS. In general, you should focus on analyzing CNNS Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
CNNS Predictive Forecast Models
CNNS's time-series forecasting models is one of many CNNS'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 CNNS'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 CNNS
Checking the ongoing alerts about CNNS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CNNS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CNNS is way too risky over 90 days horizon | |
| CNNS has some characteristics of a very speculative cryptocurrency | |
| CNNS appears to be risky and price may revert if volatility continues |
Check out CNNS Backtesting, Portfolio Optimization, CNNS Correlation, Cryptocurrency Center, CNNS Volatility, CNNS History as well as CNNS Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.