Compound Governance Probability of Future Crypto Coin Price Finishing Over 56.17
| COMP Crypto | USD 57.82 0.93 1.63% |
Compound |
Compound Governance Target Price Odds to finish over 56.17
The tendency of Compound 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 $ 56.17 in 90 days |
| 57.82 | 90 days | 56.17 | about 82.12 |
Based on a normal probability distribution, the odds of Compound Governance to stay above $ 56.17 in 90 days from now is about 82.12 (This Compound Governance Token probability density function shows the probability of Compound Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Compound Governance Token price to stay between $ 56.17 and its current price of $57.82 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 2.65 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Compound Governance will likely underperform. Additionally Compound Governance Token has an alpha of 0.0898, implying that it can generate a 0.0898 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Compound Governance Price Density |
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Predictive Modules for Compound Governance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compound Governance Token. 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 Compound Governance'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.
Compound Governance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compound Governance is not an exception. The market had few large corrections towards the Compound Governance'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 Compound Governance Token, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compound Governance within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 2.65 | |
σ | Overall volatility | 13.36 | |
Ir | Information ratio | 0.03 |
Compound Governance 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 Compound Governance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compound Governance Token can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compound Governance had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: Bitcoin losses could steepen after the cryptocurrency breaks below 60000, analysts say - CNBC |
Compound Governance Technical Analysis
Compound Governance's future price can be derived by breaking down and analyzing its technical indicators over time. Compound Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compound Governance Token. In general, you should focus on analyzing Compound Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Compound Governance Predictive Forecast Models
Compound Governance's time-series forecasting models is one of many Compound Governance'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 Compound Governance'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 Compound Governance Token
Checking the ongoing alerts about Compound Governance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compound Governance Token help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compound Governance had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: Bitcoin losses could steepen after the cryptocurrency breaks below 60000, analysts say - CNBC |
Check out Compound Governance Backtesting, Portfolio Optimization, Compound Governance Correlation, Cryptocurrency Center, Compound Governance Volatility, Compound Governance History as well as Compound Governance Performance. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.