SNET Chance of Future Crypto Coin Price Finishing Over 0.001218

SNET Crypto  USD 0.0007  0.000074  9.23%   
SNET's future price is the expected price of SNET instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of SNET performance during a given time horizon utilizing its historical volatility. Check out SNET Backtesting, Portfolio Optimization, SNET Correlation, Cryptocurrency Center, SNET Volatility, SNET History as well as SNET Performance.
  
Please specify SNET's target price for which you would like SNET odds to be computed.

SNET Target Price Odds to finish over 0.001218

The tendency of SNET 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 PriceHorizonTarget PriceOdds to move over $ 0  or more in 90 days
 0.0007 90 days 0 
about 28.04
Based on a normal probability distribution, the odds of SNET to move over $ 0  or more in 90 days from now is about 28.04 (This SNET probability density function shows the probability of SNET Crypto Coin to fall within a particular range of prices over 90 days) . Probability of SNET price to stay between its current price of $ 0.0007  and $ 0  at the end of the 90-day period is about 68.15 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 3.99 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SNET will likely underperform. Additionally SNET 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.
   SNET Price Density   
       Price  

Predictive Modules for SNET

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SNET. 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.
Hype
Prediction
LowEstimatedHigh
0.000.00089.40
Details
Intrinsic
Valuation
LowRealHigh
0.000.00079.40
Details
Naive
Forecast
LowNextHigh
0.0000170.00089.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.00060.0010
Details

SNET Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. SNET is not an exception. The market had few large corrections towards the SNET'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 SNET, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SNET within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.95
β
Beta against Dow Jones3.99
σ
Overall volatility
0.0002
Ir
Information ratio -0.06

SNET 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 SNET for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SNET can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
SNET generated a negative expected return over the last 90 days
SNET has high historical volatility and very poor performance
SNET has some characteristics of a very speculative cryptocurrency

SNET Technical Analysis

SNET's future price can be derived by breaking down and analyzing its technical indicators over time. SNET Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SNET. In general, you should focus on analyzing SNET Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.

SNET Predictive Forecast Models

SNET's time-series forecasting models is one of many SNET'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 SNET'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 SNET

Checking the ongoing alerts about SNET for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SNET help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
SNET generated a negative expected return over the last 90 days
SNET has high historical volatility and very poor performance
SNET has some characteristics of a very speculative cryptocurrency
When determining whether SNET offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SNET's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Snet Crypto.
Check out SNET Backtesting, Portfolio Optimization, SNET Correlation, Cryptocurrency Center, SNET Volatility, SNET History as well as SNET Performance.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between SNET's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine SNET value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, SNET's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.