Creditcoin Probability of Future Crypto Coin Price Finishing Over 6.38
CTC Crypto | USD 1.04 0.04 4.00% |
Creditcoin |
Creditcoin Target Price Odds to finish over 6.38
The tendency of Creditcoin 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 $ 6.38 or more in 90 days |
1.04 | 90 days | 6.38 | close to zero percent |
Based on a normal probability distribution, the odds of Creditcoin to move over $ 6.38 or more in 90 days from now is close to zero percent (This Creditcoin probability density function shows the probability of Creditcoin Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Creditcoin price to stay between its current price of $ 1.04 and $ 6.38 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Creditcoin has a beta of 0.21 suggesting as returns on the market go up, Creditcoin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Creditcoin will be expected to be much smaller as well. Moreover Creditcoin has an alpha of 1.4163, implying that it can generate a 1.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Creditcoin Price Density |
Price |
Predictive Modules for Creditcoin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Creditcoin. 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.Creditcoin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Creditcoin is not an exception. The market had few large corrections towards the Creditcoin'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 Creditcoin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Creditcoin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.42 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | 0.24 |
Creditcoin 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 Creditcoin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Creditcoin can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Creditcoin is way too risky over 90 days horizon | |
Creditcoin has some characteristics of a very speculative cryptocurrency | |
Creditcoin appears to be risky and price may revert if volatility continues |
Creditcoin Technical Analysis
Creditcoin's future price can be derived by breaking down and analyzing its technical indicators over time. Creditcoin Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Creditcoin. In general, you should focus on analyzing Creditcoin Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Creditcoin Predictive Forecast Models
Creditcoin's time-series forecasting models is one of many Creditcoin'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 Creditcoin'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 Creditcoin
Checking the ongoing alerts about Creditcoin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Creditcoin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Creditcoin is way too risky over 90 days horizon | |
Creditcoin has some characteristics of a very speculative cryptocurrency | |
Creditcoin appears to be risky and price may revert if volatility continues |
Check out Creditcoin Backtesting, Portfolio Optimization, Creditcoin Correlation, Cryptocurrency Center, Creditcoin Volatility, Creditcoin History as well as Creditcoin Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.