CHR Chance of Future Crypto Coin Price Finishing Over 0.0954
| CHR Crypto | USD 0.1 0 1.90% |
CHR |
CHR Target Price Odds to finish over 0.0954
The tendency of CHR 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 $ 0.1 in 90 days |
| 0.1 | 90 days | 0.1 | about 34.4 |
Based on a normal probability distribution, the odds of CHR to stay above $ 0.1 in 90 days from now is about 34.4 (This CHR probability density function shows the probability of CHR Crypto Coin to fall within a particular range of prices over 90 days) . Probability of CHR price to stay between $ 0.1 and its current price of $0.0967 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon CHR has a beta of -0.61 suggesting as returns on the benchmark increase, returns on holding CHR are expected to decrease at a much lower rate. During a bear market, however, CHR is likely to outperform the market. Additionally CHR has an alpha of 0.3896, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CHR Price Density |
| Price |
Predictive Modules for CHR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHR. 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.CHR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CHR is not an exception. The market had few large corrections towards the CHR'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 CHR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CHR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
CHR 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 CHR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CHR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CHR had very high historical volatility over the last 90 days | |
| CHR has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Trump signs 1st major federal cryptocurrency bill into law - ABC News - Breaking News, Latest News and Videos |
CHR Technical Analysis
CHR's future price can be derived by breaking down and analyzing its technical indicators over time. CHR Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CHR. In general, you should focus on analyzing CHR Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
CHR Predictive Forecast Models
CHR's time-series forecasting models is one of many CHR'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 CHR'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 CHR
Checking the ongoing alerts about CHR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CHR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CHR had very high historical volatility over the last 90 days | |
| CHR has some characteristics of a very speculative cryptocurrency | |
| Latest headline from news.google.com: Trump signs 1st major federal cryptocurrency bill into law - ABC News - Breaking News, Latest News and Videos |
Check out CHR Backtesting, Portfolio Optimization, CHR Correlation, Cryptocurrency Center, CHR Volatility, CHR History as well as CHR Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.