DENT Chance of Future Crypto Coin Price Finishing Under 8.64E-4
| DENT Crypto | USD 0 0.000003 0.27% |
DENT |
DENT Target Price Odds to finish below 8.64E-4
The tendency of DENT 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 $ 0.0009 or more in 90 days |
| 0 | 90 days | 0.0009 | about 48.51 |
Based on a normal probability distribution, the odds of DENT to drop to $ 0.0009 or more in 90 days from now is about 48.51 (This DENT probability density function shows the probability of DENT Crypto Coin to fall within a particular range of prices over 90 days) . Probability of DENT price to stay between $ 0.0009 and its current price of $0.001128 at the end of the 90-day period is about 51.18 .
Assuming the 90 days trading horizon DENT has a beta of 0.27 suggesting as returns on the market go up, DENT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DENT will be expected to be much smaller as well. Additionally DENT has an alpha of 0.4163, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DENT Price Density |
| Price |
Predictive Modules for DENT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DENT. 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.DENT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DENT is not an exception. The market had few large corrections towards the DENT'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 DENT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DENT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 0.000089 | |
Ir | Information ratio | 0.07 |
DENT 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 DENT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DENT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DENT has some characteristics of a very speculative cryptocurrency | |
| DENT appears to be risky and price may revert if volatility continues |
DENT Technical Analysis
DENT's future price can be derived by breaking down and analyzing its technical indicators over time. DENT Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DENT. In general, you should focus on analyzing DENT Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
DENT Predictive Forecast Models
DENT's time-series forecasting models is one of many DENT'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 DENT'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 DENT
Checking the ongoing alerts about DENT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DENT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DENT has some characteristics of a very speculative cryptocurrency | |
| DENT appears to be risky and price may revert if volatility continues |
Check out DENT Backtesting, Portfolio Optimization, DENT Correlation, Cryptocurrency Center, DENT Volatility, DENT History as well as DENT Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.