XMR Chance of Future Crypto Coin Price Finishing Under 144.83
| XMR Crypto | USD 162.17 2.64 1.65% |
XMR |
XMR Target Price Odds to finish below 144.83
The tendency of XMR 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 $ 144.83 or more in 90 days |
| 162.17 | 90 days | 144.83 | nearly 4.13 |
Based on a normal probability distribution, the odds of XMR to drop to $ 144.83 or more in 90 days from now is nearly 4.13 (This XMR probability density function shows the probability of XMR Crypto Coin to fall within a particular range of prices over 90 days) . Probability of XMR price to stay between $ 144.83 and its current price of $162.17 at the end of the 90-day period is about 54.78 .
Assuming the 90 days trading horizon XMR has a beta of -0.23. This entails as returns on the benchmark increase, returns on holding XMR are expected to decrease at a much lower rate. During a bear market, however, XMR is likely to outperform the market. Additionally XMR 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. XMR Price Density |
| Price |
Predictive Modules for XMR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XMR. 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.XMR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XMR is not an exception. The market had few large corrections towards the XMR'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 XMR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XMR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.002 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 8.86 | |
Ir | Information ratio | -0.06 |
XMR 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 XMR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XMR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| XMR generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Logan Paul Sends Lookalike to Answer Questions About Crypto Accusations in BBC Doc - Variety |
XMR Technical Analysis
XMR's future price can be derived by breaking down and analyzing its technical indicators over time. XMR Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XMR. In general, you should focus on analyzing XMR Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
XMR Predictive Forecast Models
XMR's time-series forecasting models is one of many XMR'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 XMR'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 XMR
Checking the ongoing alerts about XMR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XMR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XMR generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Logan Paul Sends Lookalike to Answer Questions About Crypto Accusations in BBC Doc - Variety |
Check out XMR Backtesting, Portfolio Optimization, XMR Correlation, Cryptocurrency Center, XMR Volatility, XMR History as well as XMR Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.