Zencash Investment Trust Stock Probability of Future OTC Stock Price Finishing Under 4.87
| HZEN Stock | USD 5.40 0.34 5.92% |
Zencash |
Zencash Investment Target Price Odds to finish below 4.87
The tendency of Zencash OTC Stock 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 drop to $ 4.87 or more in 90 days |
| 5.40 | 90 days | 4.87 | about 62.2 |
Based on a normal probability distribution, the odds of Zencash Investment to drop to $ 4.87 or more in 90 days from now is about 62.2 (This Zencash Investment Trust probability density function shows the probability of Zencash OTC Stock to fall within a particular range of prices over 90 days) . Probability of Zencash Investment Trust price to stay between $ 4.87 and its current price of $5.4 at the end of the 90-day period is about 17.9 .
Given the investment horizon of 90 days Zencash Investment Trust has a beta of -0.38. This usually indicates as returns on the benchmark increase, returns on holding Zencash Investment are expected to decrease at a much lower rate. During a bear market, however, Zencash Investment Trust is likely to outperform the market. Moreover Zencash Investment Trust has an alpha of 1.2267, implying that it can generate a 1.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zencash Investment Price Density |
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Predictive Modules for Zencash Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zencash Investment Trust. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock 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 Zencash Investment'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.
Zencash Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zencash Investment is not an exception. The market had few large corrections towards the Zencash Investment'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 Zencash Investment Trust, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zencash Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.23 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | 0.14 |
Zencash Investment 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 Zencash Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zencash Investment Trust can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zencash Investment is way too risky over 90 days horizon | |
| Zencash Investment appears to be risky and price may revert if volatility continues |
Zencash Investment Technical Analysis
Zencash Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Zencash OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zencash Investment Trust. In general, you should focus on analyzing Zencash OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Zencash Investment Predictive Forecast Models
Zencash Investment's time-series forecasting models is one of many Zencash Investment's otc stock 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 Zencash Investment'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 otc stock market movement and maximize returns from investment trading.
Things to note about Zencash Investment Trust
Checking the ongoing alerts about Zencash Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zencash Investment Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zencash Investment is way too risky over 90 days horizon | |
| Zencash Investment appears to be risky and price may revert if volatility continues |
Other Information on Investing in Zencash OTC Stock
Zencash Investment financial ratios help investors to determine whether Zencash OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zencash with respect to the benefits of owning Zencash Investment security.