Lumia Chance of Future Crypto Coin Price Finishing Under 0.04
| LUMIA Crypto | USD 0.49 0.01 2.08% |
Lumia |
Lumia Target Price Odds to finish below 0.04
The tendency of Lumia 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 $ 0.04 or more in 90 days |
| 0.49 | 90 days | 0.04 | about 1.98 |
Based on a normal probability distribution, the odds of Lumia to drop to $ 0.04 or more in 90 days from now is about 1.98 (This Lumia probability density function shows the probability of Lumia Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Lumia price to stay between $ 0.04 and its current price of $0.49 at the end of the 90-day period is about 19.03 .
Assuming the 90 days trading horizon Lumia has a beta of 0.58. This indicates as returns on the market go up, Lumia average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lumia will be expected to be much smaller as well. Additionally Lumia 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. Lumia Price Density |
| Price |
Predictive Modules for Lumia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lumia. 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.Lumia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lumia is not an exception. The market had few large corrections towards the Lumia'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 Lumia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lumia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.41 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.19 |
Lumia 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 Lumia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lumia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lumia generated a negative expected return over the last 90 days | |
| Lumia has high historical volatility and very poor performance | |
| Lumia has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Crypto gaining ability to unlock the US market Ripple CEO - Fox Business |
Lumia Technical Analysis
Lumia's future price can be derived by breaking down and analyzing its technical indicators over time. Lumia Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lumia. In general, you should focus on analyzing Lumia Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Lumia Predictive Forecast Models
Lumia's time-series forecasting models is one of many Lumia'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 Lumia'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 Lumia
Checking the ongoing alerts about Lumia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lumia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lumia generated a negative expected return over the last 90 days | |
| Lumia has high historical volatility and very poor performance | |
| Lumia has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Crypto gaining ability to unlock the US market Ripple CEO - Fox Business |
Check out Lumia Backtesting, Portfolio Optimization, Lumia Correlation, Cryptocurrency Center, Lumia Volatility, Lumia History as well as Lumia Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.