BITM Crypto Coin Forecast - Day Typical Price
| BITM Crypto | USD 0.00003 0.00 0.00% |
BITM Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BITM crypto prices and determine the direction of BITM's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BITM's historical fundamentals, such as revenue growth or operating cash flow patterns.
BITM |
| Check BITM Volatility | Backtest BITM | Trend Details |
BITM Trading Date Momentum
| On November 21 2024 BITM was traded for 0.00003 at the closing time. The highest price during the trading period was 0.00003 and the lowest recorded bid was listed for 0.00003 . There was no trading activity during the period 0.0. Lack of trading volume on November 21, 2024 did not affect price variability. The overall trading delta to the current price is 0.30% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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BITM Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BITM crypto coin to make a market-neutral strategy. Peer analysis of BITM could also be used in its relative valuation, which is a method of valuing BITM by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BITM Market Strength Events
Market strength indicators help investors to evaluate how BITM crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BITM shares will generate the highest return on investment. By undertsting and applying BITM crypto coin market strength indicators, traders can identify BITM entry and exit signals to maximize returns.
BITM Risk Indicators
The analysis of BITM's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in BITM's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bitm crypto coin prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.64 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.43 | |||
| Downside Variance | 13.28 | |||
| Semi Variance | 2.68 | |||
| Expected Short fall | (3.88) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether BITM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BITM's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bitm Crypto.Check out Trending Equities 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 board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.