Ontology Gas Probability of Future Crypto Coin Price Finishing Over 0.4032
| ONGAS Crypto | USD 0.45 0.01 2.27% |
Ontology |
Ontology Gas Target Price Odds to finish over 0.4032
The tendency of Ontology 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 $ 0.40 in 90 days |
| 0.45 | 90 days | 0.40 | roughly 2.23 |
Based on a normal probability distribution, the odds of Ontology Gas to stay above $ 0.40 in 90 days from now is roughly 2.23 (This Ontology Gas probability density function shows the probability of Ontology Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Ontology Gas price to stay between $ 0.40 and its current price of $0.45 at the end of the 90-day period is roughly 2.14 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.11 . This indicates Ontology Gas market returns are highly-sensitive to returns on the market. As the market goes up or down, Ontology Gas is expected to follow. Additionally Ontology Gas has an alpha of 0.6823, implying that it can generate a 0.68 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ontology Gas Price Density |
| Price |
Predictive Modules for Ontology Gas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ontology Gas. 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 Ontology Gas' 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.
Ontology Gas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ontology Gas is not an exception. The market had few large corrections towards the Ontology Gas' 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 Ontology Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ontology Gas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.68 | |
β | Beta against Dow Jones | 1.11 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.14 |
Ontology Gas 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 Ontology Gas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ontology Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ontology Gas has some characteristics of a very speculative cryptocurrency | |
| Ontology Gas appears to be risky and price may revert if volatility continues |
Ontology Gas Technical Analysis
Ontology Gas' future price can be derived by breaking down and analyzing its technical indicators over time. Ontology Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ontology Gas. In general, you should focus on analyzing Ontology Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Ontology Gas Predictive Forecast Models
Ontology Gas' time-series forecasting models is one of many Ontology Gas' 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 Ontology Gas' 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 Ontology Gas
Checking the ongoing alerts about Ontology Gas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ontology Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ontology Gas has some characteristics of a very speculative cryptocurrency | |
| Ontology Gas appears to be risky and price may revert if volatility continues |
Check out Ontology Gas Backtesting, Portfolio Optimization, Ontology Gas Correlation, Cryptocurrency Center, Ontology Gas Volatility, Ontology Gas History as well as Ontology Gas Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.