Ethereum Name Probability of Future Crypto Coin Price Finishing Under 12.87
ENS Crypto | USD 20.00 0.23 1.16% |
Ethereum |
Ethereum Name Target Price Odds to finish below 12.87
The tendency of Ethereum 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 $ 12.87 or more in 90 days |
20.00 | 90 days | 12.87 | near 1 |
Based on a normal probability distribution, the odds of Ethereum Name to drop to $ 12.87 or more in 90 days from now is near 1 (This Ethereum Name Service probability density function shows the probability of Ethereum Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Ethereum Name Service price to stay between $ 12.87 and its current price of $20.0 at the end of the 90-day period is roughly 96.0 .
Assuming the 90 days trading horizon Ethereum Name has a beta of 0.95 suggesting Ethereum Name Service market returns are highly-sensitive to returns on the market. As the market goes up or down, Ethereum Name is expected to follow. Additionally Ethereum Name Service has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Ethereum Name Price Density |
Price |
Predictive Modules for Ethereum Name
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ethereum Name Service. 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.Ethereum Name Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ethereum Name is not an exception. The market had few large corrections towards the Ethereum Name'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 Ethereum Name Service, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ethereum Name within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.95 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | -0.03 |
Ethereum Name 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 Ethereum Name for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ethereum Name Service can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Ethereum Name had very high historical volatility over the last 90 days |
Ethereum Name Technical Analysis
Ethereum Name's future price can be derived by breaking down and analyzing its technical indicators over time. Ethereum Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ethereum Name Service. In general, you should focus on analyzing Ethereum Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Ethereum Name Predictive Forecast Models
Ethereum Name's time-series forecasting models is one of many Ethereum Name'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 Ethereum Name'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 Ethereum Name Service
Checking the ongoing alerts about Ethereum Name for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ethereum Name Service help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Ethereum Name had very high historical volatility over the last 90 days |
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