XMR Statistic Functions Beta

XMR Crypto  USD 161.32  0.99  0.61%   
XMR statistic functions tool provides the execution environment for running the Beta function and other technical functions against XMR. XMR value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. XMR statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on XMR correlated with the market. If Beta is less than 0 XMR generally moves in the opposite direction as compared to the market. If XMR Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one XMR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of XMR is generally in the same direction as the market. If Beta > 1 XMR moves generally in the same direction as, but more than the movement of the benchmark.

XMR Technical Analysis Modules

Most technical analysis of XMR help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for XMR from various momentum indicators to cycle indicators. When you analyze XMR charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About XMR Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XMR. We use our internally-developed statistical techniques to arrive at the intrinsic value of XMR based on widely used predictive technical indicators. In general, we focus on analyzing XMR Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build XMR's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of XMR's intrinsic value. In addition to deriving basic predictive indicators for XMR, we also check how macroeconomic factors affect XMR price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
158.43161.34164.25
Details
Intrinsic
Valuation
LowRealHigh
130.72133.63177.45
Details
Naive
Forecast
LowNextHigh
165.44168.34171.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
141.67156.10170.52
Details

Align your values with your investing style

In addition to having XMR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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 XMR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XMR'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 Xmr Crypto.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XMR. 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Please note, there is a significant difference between XMR's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine XMR value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, XMR's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.