SafePal Odds of Future Crypto Coin Price Finishing Under 0.67
| SFP Crypto | USD 0.75 0.06 8.70% |
SafePal |
SafePal Target Price Odds to finish below 0.67
The tendency of SafePal 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 drop to $ 0.67 or more in 90 days |
| 0.75 | 90 days | 0.67 | about 11.53 |
Based on a normal probability distribution, the odds of SafePal to drop to $ 0.67 or more in 90 days from now is about 11.53 (This SafePal probability density function shows the probability of SafePal Crypto Coin to fall within a particular range of prices over 90 days) . Probability of SafePal price to stay between $ 0.67 and its current price of $0.75 at the end of the 90-day period is about 64.66 .
Assuming the 90 days trading horizon SafePal has a beta of 0.67. This usually implies as returns on the market go up, SafePal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SafePal will be expected to be much smaller as well. Additionally SafePal 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. SafePal Price Density |
| Price |
Predictive Modules for SafePal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SafePal. 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.SafePal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SafePal is not an exception. The market had few large corrections towards the SafePal'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 SafePal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SafePal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.67 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.05 |
SafePal 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 SafePal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SafePal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SafePal generated a negative expected return over the last 90 days | |
| SafePal has some characteristics of a very speculative cryptocurrency | |
| SafePal has high historical volatility and very poor performance |
SafePal Technical Analysis
SafePal's future price can be derived by breaking down and analyzing its technical indicators over time. SafePal Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SafePal. In general, you should focus on analyzing SafePal Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
SafePal Predictive Forecast Models
SafePal's time-series forecasting models is one of many SafePal'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 SafePal'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 SafePal
Checking the ongoing alerts about SafePal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SafePal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SafePal generated a negative expected return over the last 90 days | |
| SafePal has some characteristics of a very speculative cryptocurrency | |
| SafePal has high historical volatility and very poor performance |
Check out SafePal Backtesting, Portfolio Optimization, SafePal Correlation, Cryptocurrency Center, SafePal Volatility, SafePal History as well as SafePal Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.