Xai Chance of Future Crypto Coin Price Finishing Over 0.29
XAI Crypto | USD 0.39 0.03 8.33% |
Xai |
Xai Target Price Odds to finish over 0.29
The tendency of Xai 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 $ 0.29 in 90 days |
0.39 | 90 days | 0.29 | about 5.46 |
Based on a normal probability distribution, the odds of Xai to stay above $ 0.29 in 90 days from now is about 5.46 (This Xai probability density function shows the probability of Xai Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Xai price to stay between $ 0.29 and its current price of $0.39 at the end of the 90-day period is about 5.45 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.2 . 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, Xai will likely underperform. Moreover Xai has an alpha of 1.0551, implying that it can generate a 1.06 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Xai Price Density |
Price |
Predictive Modules for Xai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xai. 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.Xai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xai is not an exception. The market had few large corrections towards the Xai'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 Xai, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.06 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.15 |
Xai 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 Xai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xai can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Xai is way too risky over 90 days horizon | |
Xai has some characteristics of a very speculative cryptocurrency | |
Xai appears to be risky and price may revert if volatility continues |
Xai Technical Analysis
Xai's future price can be derived by breaking down and analyzing its technical indicators over time. Xai Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xai. In general, you should focus on analyzing Xai Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Xai Predictive Forecast Models
Xai's time-series forecasting models is one of many Xai'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 Xai'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 Xai
Checking the ongoing alerts about Xai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xai help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Xai is way too risky over 90 days horizon | |
Xai has some characteristics of a very speculative cryptocurrency | |
Xai appears to be risky and price may revert if volatility continues |
Check out Xai Backtesting, Portfolio Optimization, Xai Correlation, Cryptocurrency Center, Xai Volatility, Xai History as well as Xai Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.