IDEX Chance of Future Crypto Coin Price Finishing Over 0.0453
| IDEX Crypto | USD 0.05 0.0002 0.44% |
IDEX |
IDEX Target Price Odds to finish over 0.0453
The tendency of IDEX 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 |
| 0.05 | 90 days | 0.05 | about 7.8 |
Based on a normal probability distribution, the odds of IDEX to move above the current price in 90 days from now is about 7.8 (This IDEX probability density function shows the probability of IDEX 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 1.15 . This usually indicates IDEX market returns are highly-sensitive to returns on the market. As the market goes up or down, IDEX is expected to follow. Additionally IDEX 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. IDEX Price Density |
| Price |
Predictive Modules for IDEX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IDEX. 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.IDEX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IDEX is not an exception. The market had few large corrections towards the IDEX'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 IDEX, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IDEX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 1.15 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.07 |
IDEX 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 IDEX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IDEX can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IDEX has some characteristics of a very speculative cryptocurrency | |
| IDEX had very high historical volatility over the last 90 days |
IDEX Technical Analysis
IDEX's future price can be derived by breaking down and analyzing its technical indicators over time. IDEX Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IDEX. In general, you should focus on analyzing IDEX Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
IDEX Predictive Forecast Models
IDEX's time-series forecasting models is one of many IDEX'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 IDEX'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 IDEX
Checking the ongoing alerts about IDEX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IDEX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IDEX has some characteristics of a very speculative cryptocurrency | |
| IDEX had very high historical volatility over the last 90 days |
Check out IDEX Backtesting, Portfolio Optimization, IDEX Correlation, Cryptocurrency Center, IDEX Volatility, IDEX History as well as IDEX Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.