LUN Chance of Future Crypto Coin Price Finishing Over 0.0214
| LUN Crypto | USD 0.02 0.0001 0.48% |
LUN |
LUN Target Price Odds to finish over 0.0214
The tendency of LUN 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 over $ 0.02 or more in 90 days |
| 0.02 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of LUN to move over $ 0.02 or more in 90 days from now is near 1 (This LUN probability density function shows the probability of LUN Crypto Coin to fall within a particular range of prices over 90 days) . Probability of LUN price to stay between its current price of $ 0.02 and $ 0.02 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon LUN has a beta of 0.47. This indicates as returns on the market go up, LUN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LUN will be expected to be much smaller as well. Additionally LUN has an alpha of 0.6462, implying that it can generate a 0.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LUN Price Density |
| Price |
Predictive Modules for LUN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LUN. 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.LUN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LUN is not an exception. The market had few large corrections towards the LUN'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 LUN, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LUN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.65 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.18 |
LUN 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 LUN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LUN can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LUN has some characteristics of a very speculative cryptocurrency | |
| LUN appears to be risky and price may revert if volatility continues |
LUN Technical Analysis
LUN's future price can be derived by breaking down and analyzing its technical indicators over time. LUN Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LUN. In general, you should focus on analyzing LUN Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
LUN Predictive Forecast Models
LUN's time-series forecasting models is one of many LUN'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 LUN'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 LUN
Checking the ongoing alerts about LUN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LUN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LUN has some characteristics of a very speculative cryptocurrency | |
| LUN appears to be risky and price may revert if volatility continues |
Check out LUN Backtesting, Portfolio Optimization, LUN Correlation, Cryptocurrency Center, LUN Volatility, LUN History as well as LUN Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..