SNET Chance of Future Crypto Coin Price Finishing Over 8.12E-4
| SNET Crypto | USD 0.0007 0.0002 18.41% |
SNET |
SNET Target Price Odds to finish over 8.12E-4
The tendency of SNET 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 $ 0.0008 or more in 90 days |
| 0.0007 | 90 days | 0.0008 | over 95.57 |
Based on a normal probability distribution, the odds of SNET to move over $ 0.0008 or more in 90 days from now is over 95.57 (This SNET probability density function shows the probability of SNET Crypto Coin to fall within a particular range of prices over 90 days) . Probability of SNET price to stay between its current price of $ 0.0007 and $ 0.0008 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 3.5 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SNET will likely underperform. Additionally SNET has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. SNET Price Density |
| Price |
Predictive Modules for SNET
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SNET. 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.SNET Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SNET is not an exception. The market had few large corrections towards the SNET'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 SNET, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SNET within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.98 | |
β | Beta against Dow Jones | 3.50 | |
σ | Overall volatility | 0.0002 | |
Ir | Information ratio | -0.07 |
SNET 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 SNET for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SNET can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SNET generated a negative expected return over the last 90 days | |
| SNET has high historical volatility and very poor performance | |
| SNET has some characteristics of a very speculative cryptocurrency |
SNET Technical Analysis
SNET's future price can be derived by breaking down and analyzing its technical indicators over time. SNET Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SNET. In general, you should focus on analyzing SNET Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
SNET Predictive Forecast Models
SNET's time-series forecasting models is one of many SNET'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 SNET'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 SNET
Checking the ongoing alerts about SNET for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SNET help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SNET generated a negative expected return over the last 90 days | |
| SNET has high historical volatility and very poor performance | |
| SNET has some characteristics of a very speculative cryptocurrency |
Check out SNET Backtesting, Portfolio Optimization, SNET Correlation, Cryptocurrency Center, SNET Volatility, SNET History as well as SNET Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.