SAFEX Chance of Future Crypto Coin Price Finishing Over 0.007292
| SAFEX Crypto | USD 0.01 0.000022 0.41% |
SAFEX |
SAFEX Target Price Odds to finish over 0.007292
The tendency of SAFEX 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 $ 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of SAFEX to move over $ 0.01 or more in 90 days from now is near 1 (This SAFEX probability density function shows the probability of SAFEX Crypto Coin to fall within a particular range of prices over 90 days) . Probability of SAFEX price to stay between its current price of $ 0.01 and $ 0.01 at the end of the 90-day period is about 21.34 .
Assuming the 90 days trading horizon SAFEX has a beta of -0.69. This usually implies as returns on the benchmark increase, returns on holding SAFEX are expected to decrease at a much lower rate. During a bear market, however, SAFEX is likely to outperform the market. Additionally SAFEX has an alpha of 0.1933, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SAFEX Price Density |
| Price |
Predictive Modules for SAFEX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SAFEX. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SAFEX's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SAFEX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SAFEX is not an exception. The market had few large corrections towards the SAFEX'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 SAFEX, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SAFEX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 0.0003 | |
Ir | Information ratio | -0.0007 |
SAFEX 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 SAFEX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SAFEX can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SAFEX is not yet fully synchronised with the market data | |
| SAFEX has some characteristics of a very speculative cryptocurrency |
SAFEX Technical Analysis
SAFEX's future price can be derived by breaking down and analyzing its technical indicators over time. SAFEX Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SAFEX. In general, you should focus on analyzing SAFEX Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
SAFEX Predictive Forecast Models
SAFEX's time-series forecasting models is one of many SAFEX'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 SAFEX'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 SAFEX
Checking the ongoing alerts about SAFEX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SAFEX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SAFEX is not yet fully synchronised with the market data | |
| SAFEX has some characteristics of a very speculative cryptocurrency |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.