FileCoin Odds of Future Crypto Coin Price Finishing Over 12.68

FIL Crypto  USD 6.21  1.62  20.69%   
FileCoin's future price is the expected price of FileCoin instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of FileCoin performance during a given time horizon utilizing its historical volatility. Check out FileCoin Backtesting, Portfolio Optimization, FileCoin Correlation, Cryptocurrency Center, FileCoin Volatility, FileCoin History as well as FileCoin Performance.
  
Please specify FileCoin's target price for which you would like FileCoin odds to be computed.

FileCoin Target Price Odds to finish over 12.68

The tendency of FileCoin 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 PriceHorizonTarget PriceOdds to move over $ 12.68  or more in 90 days
 6.21 90 days 12.68 
near 1
Based on a normal probability distribution, the odds of FileCoin to move over $ 12.68  or more in 90 days from now is near 1 (This FileCoin probability density function shows the probability of FileCoin Crypto Coin to fall within a particular range of prices over 90 days) . Probability of FileCoin price to stay between its current price of $ 6.21  and $ 12.68  at the end of the 90-day period is about 7.48 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.43 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FileCoin will likely underperform. Additionally FileCoin has an alpha of 0.8157, implying that it can generate a 0.82 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   FileCoin Price Density   
       Price  

Predictive Modules for FileCoin

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FileCoin. 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.
Hype
Prediction
LowEstimatedHigh
0.536.2111.89
Details
Intrinsic
Valuation
LowRealHigh
0.305.9811.66
Details
Naive
Forecast
LowNextHigh
1.126.8112.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.775.608.43
Details

FileCoin Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. FileCoin is not an exception. The market had few large corrections towards the FileCoin'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 FileCoin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FileCoin within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.82
β
Beta against Dow Jones1.43
σ
Overall volatility
1.27
Ir
Information ratio 0.15

FileCoin 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 FileCoin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FileCoin can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
FileCoin is way too risky over 90 days horizon
FileCoin appears to be risky and price may revert if volatility continues

FileCoin Technical Analysis

FileCoin's future price can be derived by breaking down and analyzing its technical indicators over time. FileCoin Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FileCoin. In general, you should focus on analyzing FileCoin Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.

FileCoin Predictive Forecast Models

FileCoin's time-series forecasting models is one of many FileCoin'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 FileCoin'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 FileCoin

Checking the ongoing alerts about FileCoin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FileCoin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
FileCoin is way too risky over 90 days horizon
FileCoin appears to be risky and price may revert if volatility continues
When determining whether FileCoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FileCoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Filecoin Crypto.
Check out FileCoin Backtesting, Portfolio Optimization, FileCoin Correlation, Cryptocurrency Center, FileCoin Volatility, FileCoin History as well as FileCoin Performance.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Please note, there is a significant difference between FileCoin's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine FileCoin value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, FileCoin's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.