Hivemapper Probability of Future Crypto Coin Price Finishing Over 0.0573
| HONEY Crypto | USD 0.07 0.01 7.67% |
Hivemapper |
Hivemapper Target Price Odds to finish over 0.0573
The tendency of Hivemapper 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 $ 0.06 in 90 days |
| 0.07 | 90 days | 0.06 | about 75.44 |
Based on a normal probability distribution, the odds of Hivemapper to stay above $ 0.06 in 90 days from now is about 75.44 (This Hivemapper probability density function shows the probability of Hivemapper Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Hivemapper price to stay between $ 0.06 and its current price of $0.0716 at the end of the 90-day period is about 64.72 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.14 . This usually indicates Hivemapper market returns are highly-sensitive to returns on the market. As the market goes up or down, Hivemapper is expected to follow. Additionally Hivemapper 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. Hivemapper Price Density |
| Price |
Predictive Modules for Hivemapper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hivemapper. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hivemapper's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hivemapper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hivemapper is not an exception. The market had few large corrections towards the Hivemapper'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 Hivemapper, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hivemapper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.01 |
Hivemapper 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 Hivemapper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hivemapper can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hivemapper had very high historical volatility over the last 90 days | |
| Hivemapper has some characteristics of a very speculative cryptocurrency |
Hivemapper Technical Analysis
Hivemapper's future price can be derived by breaking down and analyzing its technical indicators over time. Hivemapper Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hivemapper. In general, you should focus on analyzing Hivemapper Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Hivemapper Predictive Forecast Models
Hivemapper's time-series forecasting models is one of many Hivemapper'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 Hivemapper'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 Hivemapper
Checking the ongoing alerts about Hivemapper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hivemapper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hivemapper had very high historical volatility over the last 90 days | |
| Hivemapper has some characteristics of a very speculative cryptocurrency |
Check out Hivemapper Backtesting, Portfolio Optimization, Hivemapper Correlation, Cryptocurrency Center, Hivemapper Volatility, Hivemapper History as well as Hivemapper Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.