NXT Chance of Future Crypto Coin Price Finishing Under 0.002383
| NXT Crypto | USD 0.0009 0.000029 3.03% |
NXT |
NXT Target Price Odds to finish below 0.002383
The tendency of NXT 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 $ 0 after 90 days |
| 0.0009 | 90 days | 0 | close to 99 |
Based on a normal probability distribution, the odds of NXT to stay under $ 0 after 90 days from now is close to 99 (This NXT probability density function shows the probability of NXT Crypto Coin to fall within a particular range of prices over 90 days) . Probability of NXT price to stay between its current price of $ 0.0009 and $ 0 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon NXT has a beta of 0.54. This indicates as returns on the market go up, NXT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NXT will be expected to be much smaller as well. Additionally NXT has an alpha of 0.6689, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NXT Price Density |
| Price |
Predictive Modules for NXT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NXT. 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.NXT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NXT is not an exception. The market had few large corrections towards the NXT'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 NXT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NXT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | 0.54 | |
σ | Overall volatility | 0.0001 | |
Ir | Information ratio | 0.18 |
NXT 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 NXT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NXT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NXT has some characteristics of a very speculative cryptocurrency | |
| NXT appears to be risky and price may revert if volatility continues |
NXT Technical Analysis
NXT's future price can be derived by breaking down and analyzing its technical indicators over time. NXT Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NXT. In general, you should focus on analyzing NXT Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
NXT Predictive Forecast Models
NXT's time-series forecasting models is one of many NXT'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 NXT'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 NXT
Checking the ongoing alerts about NXT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NXT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NXT has some characteristics of a very speculative cryptocurrency | |
| NXT appears to be risky and price may revert if volatility continues |
Check out NXT Backtesting, Portfolio Optimization, NXT Correlation, Cryptocurrency Center, NXT Volatility, NXT History as well as NXT Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.