SKALE Network Probability of Future Crypto Coin Price Finishing Under 0.0455
| SKL Crypto | USD 0.06 0.02 19.97% |
SKALE |
SKALE Network Target Price Odds to finish below 0.0455
The tendency of SKALE 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 $ 0.05 or more in 90 days |
| 0.06 | 90 days | 0.05 | about 52.06 |
Based on a normal probability distribution, the odds of SKALE Network to drop to $ 0.05 or more in 90 days from now is about 52.06 (This SKALE Network probability density function shows the probability of SKALE Crypto Coin to fall within a particular range of prices over 90 days) . Probability of SKALE Network price to stay between $ 0.05 and its current price of $0.0633 at the end of the 90-day period is about 37.26 .
Assuming the 90 days trading horizon SKALE Network has a beta of 0.69. This usually implies as returns on the market go up, SKALE Network average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SKALE Network will be expected to be much smaller as well. Moreover SKALE Network has an alpha of 1.1969, implying that it can generate a 1.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SKALE Network Price Density |
| Price |
Predictive Modules for SKALE Network
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SKALE Network. 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.SKALE Network Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SKALE Network is not an exception. The market had few large corrections towards the SKALE Network'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 SKALE Network, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SKALE Network within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.20 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.17 |
SKALE Network 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 SKALE Network for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SKALE Network can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SKALE Network is way too risky over 90 days horizon | |
| SKALE Network has some characteristics of a very speculative cryptocurrency | |
| SKALE Network appears to be risky and price may revert if volatility continues |
SKALE Network Technical Analysis
SKALE Network's future price can be derived by breaking down and analyzing its technical indicators over time. SKALE Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SKALE Network. In general, you should focus on analyzing SKALE Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
SKALE Network Predictive Forecast Models
SKALE Network's time-series forecasting models is one of many SKALE Network'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 SKALE Network'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 SKALE Network
Checking the ongoing alerts about SKALE Network for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SKALE Network help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SKALE Network is way too risky over 90 days horizon | |
| SKALE Network has some characteristics of a very speculative cryptocurrency | |
| SKALE Network appears to be risky and price may revert if volatility continues |
Check out SKALE Network Backtesting, Portfolio Optimization, SKALE Network Correlation, Cryptocurrency Center, SKALE Network Volatility, SKALE Network History as well as SKALE Network 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.