LimeWire Token Probability of Future Crypto Coin Price Finishing Under 0.32
LMWR Crypto | USD 0.32 0.07 17.95% |
LimeWire |
LimeWire Token Target Price Odds to finish below 0.32
The tendency of LimeWire 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 move below current price in 90 days |
0.32 | 90 days | 0.32 | about 98.0 |
Based on a normal probability distribution, the odds of LimeWire Token to move below current price in 90 days from now is about 98.0 (This LimeWire Token probability density function shows the probability of LimeWire Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon LimeWire Token has a beta of -1.23. This indicates as returns on its benchmark rise, returns on holding LimeWire Token are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, LimeWire Token is expected to outperform its benchmark. Moreover LimeWire Token has an alpha of 1.2423, implying that it can generate a 1.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LimeWire Token Price Density |
Price |
Predictive Modules for LimeWire Token
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LimeWire Token. 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.LimeWire Token Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LimeWire Token is not an exception. The market had few large corrections towards the LimeWire Token'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 LimeWire Token, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LimeWire Token within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.24 | |
β | Beta against Dow Jones | -1.23 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.10 |
LimeWire Token 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 LimeWire Token for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LimeWire Token can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.LimeWire Token is way too risky over 90 days horizon | |
LimeWire Token has some characteristics of a very speculative cryptocurrency | |
LimeWire Token appears to be risky and price may revert if volatility continues | |
Latest headline from news.google.com: Crypto Volatility Strikes XRP, ADA Suffer Double-Digit Losses Over 7 Days - Bitcoin.com News |
LimeWire Token Technical Analysis
LimeWire Token's future price can be derived by breaking down and analyzing its technical indicators over time. LimeWire Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LimeWire Token. In general, you should focus on analyzing LimeWire Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
LimeWire Token Predictive Forecast Models
LimeWire Token's time-series forecasting models is one of many LimeWire Token'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 LimeWire Token'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 LimeWire Token
Checking the ongoing alerts about LimeWire Token for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LimeWire Token help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
LimeWire Token is way too risky over 90 days horizon | |
LimeWire Token has some characteristics of a very speculative cryptocurrency | |
LimeWire Token appears to be risky and price may revert if volatility continues | |
Latest headline from news.google.com: Crypto Volatility Strikes XRP, ADA Suffer Double-Digit Losses Over 7 Days - Bitcoin.com News |
Check out LimeWire Token Backtesting, Portfolio Optimization, LimeWire Token Correlation, Cryptocurrency Center, LimeWire Token Volatility, LimeWire Token History as well as LimeWire Token Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .