Ontology Odds of Future Crypto Coin Price Finishing Over 15.15
ONT Crypto | USD 0.27 0.01 3.85% |
Ontology |
Ontology Target Price Odds to finish over 15.15
The tendency of Ontology 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 move over $ 15.15 or more in 90 days |
0.27 | 90 days | 15.15 | close to zero percent |
Based on a normal probability distribution, the odds of Ontology to move over $ 15.15 or more in 90 days from now is close to zero percent (This Ontology probability density function shows the probability of Ontology Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Ontology price to stay between its current price of $ 0.27 and $ 15.15 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Ontology has a beta of 0.57. This indicates as returns on the market go up, Ontology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ontology will be expected to be much smaller as well. Additionally Ontology has an alpha of 0.7493, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ontology Price Density |
Price |
Predictive Modules for Ontology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ontology. 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.Ontology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ontology is not an exception. The market had few large corrections towards the Ontology'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 Ontology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ontology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.14 |
Ontology 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 Ontology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ontology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Ontology has some characteristics of a very speculative cryptocurrency | |
Ontology appears to be risky and price may revert if volatility continues |
Ontology Technical Analysis
Ontology's future price can be derived by breaking down and analyzing its technical indicators over time. Ontology Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ontology. In general, you should focus on analyzing Ontology Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Ontology Predictive Forecast Models
Ontology's time-series forecasting models is one of many Ontology'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 Ontology'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 Ontology
Checking the ongoing alerts about Ontology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ontology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Ontology has some characteristics of a very speculative cryptocurrency | |
Ontology appears to be risky and price may revert if volatility continues |
Check out Ontology Backtesting, Portfolio Optimization, Ontology Correlation, Cryptocurrency Center, Ontology Volatility, Ontology History as well as Ontology Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.