Moonbeam Odds of Future Crypto Coin Price Finishing Over 0.22
GLMR Crypto | USD 0.27 0.01 3.57% |
Moonbeam |
Moonbeam Target Price Odds to finish over 0.22
The tendency of Moonbeam 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 stay above $ 0.22 in 90 days |
0.27 | 90 days | 0.22 | about 1.42 |
Based on a normal probability distribution, the odds of Moonbeam to stay above $ 0.22 in 90 days from now is about 1.42 (This Moonbeam probability density function shows the probability of Moonbeam Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Moonbeam price to stay between $ 0.22 and its current price of $0.27 at the end of the 90-day period is about 1.41 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.11 . This usually indicates Moonbeam market returns are highly-sensitive to returns on the market. As the market goes up or down, Moonbeam is expected to follow. Additionally Moonbeam has an alpha of 0.6363, implying that it can generate a 0.64 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Moonbeam Price Density |
Price |
Predictive Modules for Moonbeam
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Moonbeam. 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.Moonbeam Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Moonbeam is not an exception. The market had few large corrections towards the Moonbeam'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 Moonbeam, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Moonbeam within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.64 | |
β | Beta against Dow Jones | 1.11 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.10 |
Moonbeam 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 Moonbeam for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Moonbeam can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Moonbeam is way too risky over 90 days horizon | |
Moonbeam has some characteristics of a very speculative cryptocurrency | |
Moonbeam appears to be risky and price may revert if volatility continues |
Moonbeam Technical Analysis
Moonbeam's future price can be derived by breaking down and analyzing its technical indicators over time. Moonbeam Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Moonbeam. In general, you should focus on analyzing Moonbeam Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Moonbeam Predictive Forecast Models
Moonbeam's time-series forecasting models is one of many Moonbeam'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 Moonbeam'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 Moonbeam
Checking the ongoing alerts about Moonbeam for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Moonbeam help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Moonbeam is way too risky over 90 days horizon | |
Moonbeam has some characteristics of a very speculative cryptocurrency | |
Moonbeam appears to be risky and price may revert if volatility continues |
Check out Moonbeam Backtesting, Portfolio Optimization, Moonbeam Correlation, Cryptocurrency Center, Moonbeam Volatility, Moonbeam History as well as Moonbeam Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.