Maker Chance of Future Crypto Coin Price Finishing Over 1232.39
MKR Crypto | USD 1,815 5.52 0.30% |
Maker |
Maker Target Price Odds to finish over 1232.39
The tendency of Maker 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 $ 1,232 in 90 days |
1,815 | 90 days | 1,232 | about 88.98 |
Based on a normal probability distribution, the odds of Maker to stay above $ 1,232 in 90 days from now is about 88.98 (This Maker probability density function shows the probability of Maker Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Maker price to stay between $ 1,232 and its current price of $1814.66 at the end of the 90-day period is about 85.03 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.78 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Maker will likely underperform. Additionally Maker 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. Maker Price Density |
Price |
Predictive Modules for Maker
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Maker. 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.Maker Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Maker is not an exception. The market had few large corrections towards the Maker'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 Maker, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Maker within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 1.78 | |
σ | Overall volatility | 195.22 | |
Ir | Information ratio | 0.01 |
Maker 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 Maker for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Maker can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Maker had very high historical volatility over the last 90 days |
Maker Technical Analysis
Maker's future price can be derived by breaking down and analyzing its technical indicators over time. Maker Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Maker. In general, you should focus on analyzing Maker Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Maker Predictive Forecast Models
Maker's time-series forecasting models is one of many Maker'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 Maker'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 Maker
Checking the ongoing alerts about Maker for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Maker help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Maker had very high historical volatility over the last 90 days |
Check out Maker Backtesting, Portfolio Optimization, Maker Correlation, Cryptocurrency Center, Maker Volatility, Maker History as well as Maker Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..