MONA Chance of Future Crypto Coin Price Finishing Under 0.26
| MONA Crypto | USD 0.29 0.01 3.33% |
MONA |
MONA Target Price Odds to finish below 0.26
The tendency of MONA 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 $ 0.26 or more in 90 days |
| 0.29 | 90 days | 0.26 | about 49.79 |
Based on a normal probability distribution, the odds of MONA to drop to $ 0.26 or more in 90 days from now is about 49.79 (This MONA probability density function shows the probability of MONA Crypto Coin to fall within a particular range of prices over 90 days) . Probability of MONA price to stay between $ 0.26 and its current price of $0.29 at the end of the 90-day period is about 47.04 .
Assuming the 90 days trading horizon MONA has a beta of -1.25. This indicates as returns on its benchmark rise, returns on holding MONA are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, MONA is expected to outperform its benchmark. Additionally MONA has an alpha of 0.1739, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MONA Price Density |
| Price |
Predictive Modules for MONA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MONA. 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.MONA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MONA is not an exception. The market had few large corrections towards the MONA'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 MONA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MONA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -1.25 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.02 |
MONA 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 MONA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MONA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MONA has some characteristics of a very speculative cryptocurrency | |
| MONA had very high historical volatility over the last 90 days |
MONA Technical Analysis
MONA's future price can be derived by breaking down and analyzing its technical indicators over time. MONA Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MONA. In general, you should focus on analyzing MONA Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
MONA Predictive Forecast Models
MONA's time-series forecasting models is one of many MONA'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 MONA'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 MONA
Checking the ongoing alerts about MONA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MONA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MONA has some characteristics of a very speculative cryptocurrency | |
| MONA had very high historical volatility over the last 90 days |
Check out MONA Backtesting, Portfolio Optimization, MONA Correlation, Cryptocurrency Center, MONA Volatility, MONA History as well as MONA Performance. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.