API3 Chance of Future Crypto Coin Price Finishing Under 2.07
| API3 Crypto | USD 2.07 0.11 5.61% |
API3 |
API3 Target Price Odds to finish below 2.07
The tendency of API3 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 below current price in 90 days |
| 2.07 | 90 days | 2.07 | close to 99 |
Based on a normal probability distribution, the odds of API3 to move below current price in 90 days from now is close to 99 (This API3 probability density function shows the probability of API3 Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.08 . This suggests API3 market returns are highly-sensitive to returns on the market. As the market goes up or down, API3 is expected to follow. Additionally API3 has an alpha of 0.4442, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). API3 Price Density |
| Price |
Predictive Modules for API3
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as API3. 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.API3 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. API3 is not an exception. The market had few large corrections towards the API3'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 API3, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of API3 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | 1.08 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | 0.08 |
API3 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 API3 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for API3 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| API3 is way too risky over 90 days horizon | |
| API3 appears to be risky and price may revert if volatility continues |
API3 Technical Analysis
API3's future price can be derived by breaking down and analyzing its technical indicators over time. API3 Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of API3. In general, you should focus on analyzing API3 Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
API3 Predictive Forecast Models
API3's time-series forecasting models is one of many API3'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 API3'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 API3
Checking the ongoing alerts about API3 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for API3 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| API3 is way too risky over 90 days horizon | |
| API3 appears to be risky and price may revert if volatility continues |
Check out API3 Backtesting, Portfolio Optimization, API3 Correlation, Cryptocurrency Center, API3 Volatility, API3 History as well as API3 Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.