WINGS Chance of Future Crypto Coin Price Finishing Over 8.0E-6
| WINGS Crypto | USD 0.00001 0.000001 11.11% |
WINGS |
WINGS Target Price Odds to finish over 8.0E-6
The tendency of WINGS 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 $ 0.000008 in 90 days |
| 0.00001 | 90 days | 0.000008 | about 15.87 |
Based on a normal probability distribution, the odds of WINGS to stay above $ 0.000008 in 90 days from now is about 15.87 (This WINGS probability density function shows the probability of WINGS Crypto Coin to fall within a particular range of prices over 90 days) . Probability of WINGS price to stay between $ 0.000008 and its current price of $1.0E-5 at the end of the 90-day period is about 15.73 .
Assuming the 90 days trading horizon WINGS has a beta of -0.47. This entails as returns on the benchmark increase, returns on holding WINGS are expected to decrease at a much lower rate. During a bear market, however, WINGS is likely to outperform the market. Additionally WINGS has an alpha of 0.9734, implying that it can generate a 0.97 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WINGS Price Density |
| Price |
Predictive Modules for WINGS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WINGS. 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 WINGS's 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.
WINGS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WINGS is not an exception. The market had few large corrections towards the WINGS'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 WINGS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WINGS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.97 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 0.000001 | |
Ir | Information ratio | 0.14 |
WINGS 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 WINGS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WINGS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WINGS is way too risky over 90 days horizon | |
| WINGS has some characteristics of a very speculative cryptocurrency | |
| WINGS appears to be risky and price may revert if volatility continues |
WINGS Technical Analysis
WINGS's future price can be derived by breaking down and analyzing its technical indicators over time. WINGS Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WINGS. In general, you should focus on analyzing WINGS Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
WINGS Predictive Forecast Models
WINGS's time-series forecasting models is one of many WINGS'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 WINGS'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 WINGS
Checking the ongoing alerts about WINGS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WINGS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WINGS is way too risky over 90 days horizon | |
| WINGS has some characteristics of a very speculative cryptocurrency | |
| WINGS appears to be risky and price may revert if volatility continues |
Check out WINGS Backtesting, Portfolio Optimization, WINGS Correlation, Cryptocurrency Center, WINGS Volatility, WINGS History as well as WINGS Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.