DNT Chance of Future Crypto Coin Price Finishing Under 0.0386
| DNT Crypto | USD 0.06 0.0009 1.56% |
DNT |
DNT Target Price Odds to finish below 0.0386
The tendency of DNT 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 $ 0.04 or more in 90 days |
| 0.06 | 90 days | 0.04 | about 48.77 |
Based on a normal probability distribution, the odds of DNT to drop to $ 0.04 or more in 90 days from now is about 48.77 (This DNT probability density function shows the probability of DNT Crypto Coin to fall within a particular range of prices over 90 days) . Probability of DNT price to stay between $ 0.04 and its current price of $0.0567 at the end of the 90-day period is about 50.56 .
Assuming the 90 days trading horizon DNT has a beta of -0.49 suggesting as returns on the benchmark increase, returns on holding DNT are expected to decrease at a much lower rate. During a bear market, however, DNT is likely to outperform the market. Moreover DNT has an alpha of 1.1745, implying that it can generate a 1.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DNT Price Density |
| Price |
Predictive Modules for DNT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DNT. 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.DNT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DNT is not an exception. The market had few large corrections towards the DNT'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 DNT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DNT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.17 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
DNT 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 DNT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DNT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DNT is way too risky over 90 days horizon | |
| DNT has some characteristics of a very speculative cryptocurrency | |
| DNT appears to be risky and price may revert if volatility continues |
DNT Technical Analysis
DNT's future price can be derived by breaking down and analyzing its technical indicators over time. DNT Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DNT. In general, you should focus on analyzing DNT Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
DNT Predictive Forecast Models
DNT's time-series forecasting models is one of many DNT'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 DNT'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 DNT
Checking the ongoing alerts about DNT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DNT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DNT is way too risky over 90 days horizon | |
| DNT has some characteristics of a very speculative cryptocurrency | |
| DNT appears to be risky and price may revert if volatility continues |
Check out DNT Backtesting, Portfolio Optimization, DNT Correlation, Cryptocurrency Center, DNT Volatility, DNT History as well as DNT Performance. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.