MEET Chance of Future Crypto Coin Price Finishing Over 2.65E-4
| MEET Crypto | USD 0.0003 0.000001 0.33% |
MEET |
MEET Target Price Odds to finish over 2.65E-4
The tendency of MEET 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 $ 0.0003 in 90 days |
| 0.0003 | 90 days | 0.0003 | about 86.81 |
Based on a normal probability distribution, the odds of MEET to stay above $ 0.0003 in 90 days from now is about 86.81 (This MEET probability density function shows the probability of MEET Crypto Coin to fall within a particular range of prices over 90 days) . Probability of MEET price to stay between $ 0.0003 and its current price of $2.98E-4 at the end of the 90-day period is about 66.3 .
Assuming the 90 days trading horizon MEET has a beta of -0.69. This indicates as returns on the benchmark increase, returns on holding MEET are expected to decrease at a much lower rate. During a bear market, however, MEET is likely to outperform the market. Additionally MEET has an alpha of 0.1953, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MEET Price Density |
| Price |
Predictive Modules for MEET
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MEET. 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.MEET Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MEET is not an exception. The market had few large corrections towards the MEET'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 MEET, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MEET within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 0.000017 | |
Ir | Information ratio | 0.000087 |
MEET 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 MEET for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MEET can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MEET is not yet fully synchronised with the market data | |
| MEET has some characteristics of a very speculative cryptocurrency |
MEET Technical Analysis
MEET's future price can be derived by breaking down and analyzing its technical indicators over time. MEET Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MEET. In general, you should focus on analyzing MEET Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
MEET Predictive Forecast Models
MEET's time-series forecasting models is one of many MEET'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 MEET'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 MEET
Checking the ongoing alerts about MEET for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MEET help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MEET is not yet fully synchronised with the market data | |
| MEET has some characteristics of a very speculative cryptocurrency |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.