EVX Chance of Future Crypto Coin Price Finishing Over 0.002493
| EVX Crypto | USD 0 0.000002 0.08% |
EVX |
EVX Target Price Odds to finish over 0.002493
The tendency of EVX 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 above the current price in 90 days |
| 0 | 90 days | 0 | about 38.2 |
Based on a normal probability distribution, the odds of EVX to move above the current price in 90 days from now is about 38.2 (This EVX probability density function shows the probability of EVX 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 5.73 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, EVX will likely underperform. In addition to that EVX has an alpha of 22.3659, implying that it can generate a 22.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EVX Price Density |
| Price |
Predictive Modules for EVX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EVX. 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.EVX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EVX is not an exception. The market had few large corrections towards the EVX'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 EVX, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EVX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 22.37 | |
β | Beta against Dow Jones | 5.73 | |
σ | Overall volatility | 0.0008 | |
Ir | Information ratio | 0.18 |
EVX 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 EVX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EVX can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EVX is way too risky over 90 days horizon | |
| EVX has some characteristics of a very speculative cryptocurrency | |
| EVX appears to be risky and price may revert if volatility continues |
EVX Technical Analysis
EVX's future price can be derived by breaking down and analyzing its technical indicators over time. EVX Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EVX. In general, you should focus on analyzing EVX Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
EVX Predictive Forecast Models
EVX's time-series forecasting models is one of many EVX'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 EVX'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 EVX
Checking the ongoing alerts about EVX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EVX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EVX is way too risky over 90 days horizon | |
| EVX has some characteristics of a very speculative cryptocurrency | |
| EVX appears to be risky and price may revert if volatility continues |
Check out EVX Backtesting, Portfolio Optimization, EVX Correlation, Cryptocurrency Center, EVX Volatility, EVX History as well as EVX Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..