SMARTSHARE Volatility
We have found zero technical indicators for SMARTSHARE, which you can use to evaluate the volatility of coin.
SMARTSHARE |
SMARTSHARE Crypto Coin volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of SMARTSHARE daily returns, and it is calculated using variance and standard deviation. We also use SMARTSHARE's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of SMARTSHARE volatility.
SMARTSHARE Crypto Coin Volatility Analysis
Volatility refers to the frequency at which SMARTSHARE crypto price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with SMARTSHARE's price changes. Investors will then calculate the volatility of SMARTSHARE's crypto coin to predict their future moves. A crypto that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A crypto coin with relatively stable price changes has low volatility. A highly volatile crypto is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of SMARTSHARE's volatility:
Historical Volatility
This type of crypto volatility measures SMARTSHARE's fluctuations based on previous trends. It's commonly used to predict SMARTSHARE's future behavior based on its past. However, it cannot conclusively determine the future direction of the crypto coin.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for SMARTSHARE's current market price. This means that the crypto will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on SMARTSHARE's to be redeemed at a future date.Transformation |
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
SMARTSHARE Projected Return Density Against Market
Assuming the 90 days trading horizon SMARTSHARE has a beta that is very close to zero . This usually implies the returns on DOW JONES INDUSTRIAL and SMARTSHARE do not appear to be responsive.Most traded cryptocurrencies are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or coin-specific or project-specific) risk. Unsystematic risk is the risk that events specific to SMARTSHARE project will adversely affect the coin's price. This type of risk can be diversified away by owning several different digital assets on different exchanges whose coin prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that SMARTSHARE's price will be affected by overall cryptocurrency market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SMARTSHARE crypto's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
It does not look like SMARTSHARE's alpha can have any bearing on the current valuation. Predicted Return Density |
| Returns |
SMARTSHARE Crypto Coin Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of SMARTSHARE is 0.0. The daily returns are distributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of SMARTSHARE is currently at 0.0. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
SMARTSHARE Crypto Coin Return Volatility
SMARTSHARE historical daily return volatility represents how much of SMARTSHARE crypto's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. Keep in mind that cryptocurrencies such as SMARTSHARE have only been around for a short time and are still in the price discovery phase. This means that prices will continue to change as investors and governments work through the initial concerns until prices stabilize, provided a stable point can be reached. SMARTSHARE accepts 0.0% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7502% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
SMARTSHARE Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.75 and is 9.223372036854776E16 times more volatile than SMARTSHARE. 0 percent of all equities and portfolios are less risky than SMARTSHARE. You can use SMARTSHARE to protect your portfolios against small market fluctuations. The crypto coin experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of SMARTSHARE to be traded at $0.0 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| V | Visa Class A | |
| GOOG | Alphabet Inc Class C | |
| GOOG | Alphabet Inc Class C | |
| MSFT | Microsoft | |
| GM | General Motors | |
| BAC | Bank of America |
SMARTSHARE Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
| Microsoft vs. SMARTSHARE | ||
| Dupont De vs. SMARTSHARE | ||
| Citigroup vs. SMARTSHARE | ||
| GM vs. SMARTSHARE | ||
| Visa vs. SMARTSHARE | ||
| Alphabet vs. SMARTSHARE | ||
| Bank of America vs. SMARTSHARE | ||
| Ford vs. SMARTSHARE | ||
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against SMARTSHARE as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. SMARTSHARE's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, SMARTSHARE's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to SMARTSHARE.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Tools for SMARTSHARE Crypto Coin
When running SMARTSHARE's price analysis, check to measure SMARTSHARE's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy SMARTSHARE is operating at the current time. Most of SMARTSHARE's value examination focuses on studying past and present price actions to predict the probability of SMARTSHARE's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move SMARTSHARE's coin price. Additionally, you may evaluate how adding SMARTSHARE to your portfolios can decrease your overall portfolio volatility.
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