NEO Chance of Future Crypto Coin Price Finishing Under 14.39
| NEO Crypto | USD 14.38 0.52 3.75% |
NEO |
NEO Target Price Odds to finish below 14.39
The tendency of NEO 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 under $ 14.39 after 90 days |
| 14.38 | 90 days | 14.39 | close to 99 |
Based on a normal probability distribution, the odds of NEO to stay under $ 14.39 after 90 days from now is close to 99 (This NEO probability density function shows the probability of NEO Crypto Coin to fall within a particular range of prices over 90 days) . Probability of NEO price to stay between its current price of $ 14.38 and $ 14.39 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon NEO has a beta of 0.43. This indicates as returns on the market go up, NEO average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NEO will be expected to be much smaller as well. Additionally NEO has an alpha of 0.4359, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NEO Price Density |
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Predictive Modules for NEO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEO. 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.NEO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NEO is not an exception. The market had few large corrections towards the NEO'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 NEO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NEO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 1.11 | |
Ir | Information ratio | 0.09 |
NEO 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 NEO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NEO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NEO appears to be risky and price may revert if volatility continues |
NEO Technical Analysis
NEO's future price can be derived by breaking down and analyzing its technical indicators over time. NEO Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NEO. In general, you should focus on analyzing NEO Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
NEO Predictive Forecast Models
NEO's time-series forecasting models is one of many NEO'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 NEO'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 NEO
Checking the ongoing alerts about NEO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NEO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NEO appears to be risky and price may revert if volatility continues |
Check out NEO Backtesting, Portfolio Optimization, NEO Correlation, Cryptocurrency Center, NEO Volatility, NEO History as well as NEO Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..