WTC Chance of Future Crypto Coin Price Finishing Over -0.0211
| WTC Crypto | USD 0.02 0.09 78.91% |
WTC |
WTC Target Price Odds to finish over -0.0211
The tendency of WTC 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 above $(0.02) in 90 days |
| 0.02 | 90 days | (0.02) | close to 99 |
Based on a normal probability distribution, the odds of WTC to stay above $(0.02) in 90 days from now is close to 99 (This WTC probability density function shows the probability of WTC Crypto Coin to fall within a particular range of prices over 90 days) . Probability of WTC price to stay between $(0.02) and its current price of $0.0232 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon WTC has a beta of 0.9. This entails WTC market returns are highly-sensitive to returns on the market. As the market goes up or down, WTC is expected to follow. Additionally WTC 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. WTC Price Density |
| Price |
Predictive Modules for WTC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WTC. 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.WTC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WTC is not an exception. The market had few large corrections towards the WTC'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 WTC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WTC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.31 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.14 |
WTC 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 WTC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WTC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WTC generated a negative expected return over the last 90 days | |
| WTC has high historical volatility and very poor performance | |
| WTC has some characteristics of a very speculative cryptocurrency |
WTC Technical Analysis
WTC's future price can be derived by breaking down and analyzing its technical indicators over time. WTC Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WTC. In general, you should focus on analyzing WTC Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
WTC Predictive Forecast Models
WTC's time-series forecasting models is one of many WTC'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 WTC'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 WTC
Checking the ongoing alerts about WTC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WTC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WTC generated a negative expected return over the last 90 days | |
| WTC has high historical volatility and very poor performance | |
| WTC has some characteristics of a very speculative cryptocurrency |
Check out WTC Backtesting, Portfolio Optimization, WTC Correlation, Cryptocurrency Center, WTC Volatility, WTC History as well as WTC Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.