BRC Chance of Future Crypto Coin Price Finishing Over 46.85
| BRC Crypto | USD 53.19 0.73 1.35% |
BRC |
BRC Target Price Odds to finish over 46.85
The tendency of BRC 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 $ 46.85 in 90 days |
| 53.19 | 90 days | 46.85 | close to 99 |
Based on a normal probability distribution, the odds of BRC to stay above $ 46.85 in 90 days from now is close to 99 (This BRC probability density function shows the probability of BRC Crypto Coin to fall within a particular range of prices over 90 days) . Probability of BRC price to stay between $ 46.85 and its current price of $53.19 at the end of the 90-day period is about 56.12 .
Assuming the 90 days trading horizon BRC has a beta of 0.4 suggesting as returns on the market go up, BRC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BRC will be expected to be much smaller as well. Additionally BRC 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. BRC Price Density |
| Price |
Predictive Modules for BRC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BRC. 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.BRC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BRC is not an exception. The market had few large corrections towards the BRC'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 BRC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BRC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 1.86 | |
Ir | Information ratio | -0.04 |
BRC 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 BRC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BRC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BRC is not yet fully synchronised with the market data |
BRC Technical Analysis
BRC's future price can be derived by breaking down and analyzing its technical indicators over time. BRC Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BRC. In general, you should focus on analyzing BRC Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
BRC Predictive Forecast Models
BRC's time-series forecasting models is one of many BRC'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 BRC'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 BRC
Checking the ongoing alerts about BRC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BRC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BRC is not yet fully synchronised with the market data |
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.