HOT Chance of Future Crypto Coin Price Finishing Under 0.002693
| HOT Crypto | USD 0 0.0003 8.97% |
HOT |
HOT Target Price Odds to finish below 0.002693
The tendency of HOT 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 or more in 90 days |
| 0 | 90 days | 0 | about 99.0 |
Based on a normal probability distribution, the odds of HOT to drop to $ 0 or more in 90 days from now is about 99.0 (This HOT probability density function shows the probability of HOT Crypto Coin to fall within a particular range of prices over 90 days) . Probability of HOT price to stay between $ 0 and its current price of $0.003306 at the end of the 90-day period is about 1.14 .
Assuming the 90 days trading horizon HOT has a beta of 0.41. This usually indicates as returns on the market go up, HOT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HOT will be expected to be much smaller as well. Moreover HOT has an alpha of 1.207, implying that it can generate a 1.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HOT Price Density |
| Price |
Predictive Modules for HOT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HOT. 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.HOT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HOT is not an exception. The market had few large corrections towards the HOT'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 HOT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HOT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.21 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 0.0004 | |
Ir | Information ratio | 0.20 |
HOT 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 HOT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HOT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HOT is way too risky over 90 days horizon | |
| HOT has some characteristics of a very speculative cryptocurrency | |
| HOT appears to be risky and price may revert if volatility continues |
HOT Technical Analysis
HOT's future price can be derived by breaking down and analyzing its technical indicators over time. HOT Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HOT. In general, you should focus on analyzing HOT Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
HOT Predictive Forecast Models
HOT's time-series forecasting models is one of many HOT'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 HOT'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 HOT
Checking the ongoing alerts about HOT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HOT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HOT is way too risky over 90 days horizon | |
| HOT has some characteristics of a very speculative cryptocurrency | |
| HOT appears to be risky and price may revert if volatility continues |
Check out HOT Backtesting, Portfolio Optimization, HOT Correlation, Cryptocurrency Center, HOT Volatility, HOT History as well as HOT Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..