WOO Network Probability of Future Crypto Coin Price Finishing Over 0.348
| WOO Crypto | USD 0.29 0.01 3.57% |
WOO |
WOO Network Target Price Odds to finish over 0.348
The tendency of WOO 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 move over $ 0.35 or more in 90 days |
| 0.29 | 90 days | 0.35 | near 1 |
Based on a normal probability distribution, the odds of WOO Network to move over $ 0.35 or more in 90 days from now is near 1 (This WOO Network probability density function shows the probability of WOO Crypto Coin to fall within a particular range of prices over 90 days) . Probability of WOO Network price to stay between its current price of $ 0.29 and $ 0.35 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.76 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, WOO Network will likely underperform. Additionally WOO Network has an alpha of 0.9438, implying that it can generate a 0.94 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WOO Network Price Density |
| Price |
Predictive Modules for WOO 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 WOO 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.WOO Network Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WOO Network is not an exception. The market had few large corrections towards the WOO 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 WOO Network, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WOO Network within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.94 | |
β | Beta against Dow Jones | 1.76 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.15 |
WOO 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 WOO Network for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WOO 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.| WOO Network is way too risky over 90 days horizon | |
| WOO Network has some characteristics of a very speculative cryptocurrency | |
| WOO Network appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitcoin rockets toward 100,000 as Trump reportedly considers appointing a crypto czar - Yahoo Finance |
WOO Network Technical Analysis
WOO Network's future price can be derived by breaking down and analyzing its technical indicators over time. WOO Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WOO Network. In general, you should focus on analyzing WOO Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
WOO Network Predictive Forecast Models
WOO Network's time-series forecasting models is one of many WOO 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 WOO 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 WOO Network
Checking the ongoing alerts about WOO Network for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WOO Network help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WOO Network is way too risky over 90 days horizon | |
| WOO Network has some characteristics of a very speculative cryptocurrency | |
| WOO Network appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Bitcoin rockets toward 100,000 as Trump reportedly considers appointing a crypto czar - Yahoo Finance |
Check out WOO Network Backtesting, Portfolio Optimization, WOO Network Correlation, Cryptocurrency Center, WOO Network Volatility, WOO Network History as well as WOO Network Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..