UGAS Chance of Future Crypto Coin Price Finishing Under 3.51E-4
| UGAS Crypto | USD 0.0004 0.000004 1.03% |
UGAS |
UGAS Target Price Odds to finish below 3.51E-4
The tendency of UGAS 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 $ 0.0004 or more in 90 days |
| 0.0004 | 90 days | 0.0004 | about 89.22 |
Based on a normal probability distribution, the odds of UGAS to drop to $ 0.0004 or more in 90 days from now is about 89.22 (This UGAS probability density function shows the probability of UGAS Crypto Coin to fall within a particular range of prices over 90 days) . Probability of UGAS price to stay between $ 0.0004 and its current price of $3.86E-4 at the end of the 90-day period is about 7.79 .
Assuming the 90 days trading horizon UGAS has a beta of 0.15. This usually implies as returns on the market go up, UGAS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding UGAS will be expected to be much smaller as well. Additionally UGAS has an alpha of 0.7496, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). UGAS Price Density |
| Price |
Predictive Modules for UGAS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as UGAS. 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.UGAS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. UGAS is not an exception. The market had few large corrections towards the UGAS'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 UGAS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of UGAS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.000054 | |
Ir | Information ratio | 0.19 |
UGAS 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 UGAS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for UGAS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| UGAS has some characteristics of a very speculative cryptocurrency | |
| UGAS appears to be risky and price may revert if volatility continues |
UGAS Technical Analysis
UGAS's future price can be derived by breaking down and analyzing its technical indicators over time. UGAS Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of UGAS. In general, you should focus on analyzing UGAS Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
UGAS Predictive Forecast Models
UGAS's time-series forecasting models is one of many UGAS'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 UGAS'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 UGAS
Checking the ongoing alerts about UGAS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for UGAS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| UGAS has some characteristics of a very speculative cryptocurrency | |
| UGAS appears to be risky and price may revert if volatility continues |
Check out UGAS Backtesting, Portfolio Optimization, UGAS Correlation, Cryptocurrency Center, UGAS Volatility, UGAS History as well as UGAS Performance. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.