Binance Coin Probability of Future Crypto Coin Price Finishing Over 550.1
| BNB Crypto | USD 554.40 23.62 4.09% |
Binance |
Binance Coin Target Price Odds to finish over 550.1
The tendency of Binance 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 $ 550.10 in 90 days |
| 554.40 | 90 days | 550.10 | about 28.41 |
Based on a normal probability distribution, the odds of Binance Coin to stay above $ 550.10 in 90 days from now is about 28.41 (This Binance Coin probability density function shows the probability of Binance Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Binance Coin price to stay between $ 550.10 and its current price of $554.4 at the end of the 90-day period is about 1.28 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.04 suggesting Binance Coin market returns are highly-sensitive to returns on the market. As the market goes up or down, Binance Coin is expected to follow. Additionally Binance Coin has an alpha of 0.9785, implying that it can generate a 0.98 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Binance Coin Price Density |
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Predictive Modules for Binance Coin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Binance Coin. 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 Binance Coin'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.
Binance Coin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Binance Coin is not an exception. The market had few large corrections towards the Binance Coin'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 Binance Coin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Binance Coin within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.98 | |
β | Beta against NYSE Composite | 1.04 | |
σ | Overall volatility | 112.99 | |
Ir | Information ratio | 0.21 |
Binance Coin 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 Binance Coin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Binance Coin can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Binance Coin appears to be risky and price may revert if volatility continues |
Binance Coin Technical Analysis
Binance Coin's future price can be derived by breaking down and analyzing its technical indicators over time. Binance Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Binance Coin. In general, you should focus on analyzing Binance Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Binance Coin Predictive Forecast Models
Binance Coin's time-series forecasting models is one of many Binance Coin'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 Binance Coin'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 Binance Coin
Checking the ongoing alerts about Binance Coin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Binance Coin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Binance Coin appears to be risky and price may revert if volatility continues |
Check out Binance Coin Backtesting, Portfolio Optimization, Binance Coin Correlation, Cryptocurrency Center, Binance Coin Volatility, Binance Coin History as well as Binance Coin Performance. Note that the Binance Coin information on this page should be used as a complementary analysis to other Binance Coin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.