Cookie Chance of Future Crypto Coin Price Finishing Under 0.15
COOKIE Crypto | USD 0.16 0.01 5.88% |
Cookie |
Cookie Target Price Odds to finish below 0.15
The tendency of Cookie 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 $ 0.15 or more in 90 days |
0.16 | 90 days | 0.15 | about 35.41 |
Based on a normal probability distribution, the odds of Cookie to drop to $ 0.15 or more in 90 days from now is about 35.41 (This Cookie probability density function shows the probability of Cookie Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Cookie price to stay between $ 0.15 and its current price of $0.16 at the end of the 90-day period is about 7.13 .
Assuming the 90 days trading horizon Cookie has a beta of -0.64 suggesting as returns on the benchmark increase, returns on holding Cookie are expected to decrease at a much lower rate. During a bear market, however, Cookie is likely to outperform the market. Moreover Cookie has an alpha of 1.3799, implying that it can generate a 1.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cookie Price Density |
Price |
Predictive Modules for Cookie
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cookie. 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.Cookie Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cookie is not an exception. The market had few large corrections towards the Cookie'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 Cookie, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cookie within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.38 | |
β | Beta against Dow Jones | -0.64 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.12 |
Cookie 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 Cookie for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cookie can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Cookie is way too risky over 90 days horizon | |
Cookie has some characteristics of a very speculative cryptocurrency | |
Cookie appears to be risky and price may revert if volatility continues |
Cookie Technical Analysis
Cookie's future price can be derived by breaking down and analyzing its technical indicators over time. Cookie Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cookie. In general, you should focus on analyzing Cookie Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Cookie Predictive Forecast Models
Cookie's time-series forecasting models is one of many Cookie'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 Cookie'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 Cookie
Checking the ongoing alerts about Cookie for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cookie help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Cookie is way too risky over 90 days horizon | |
Cookie has some characteristics of a very speculative cryptocurrency | |
Cookie appears to be risky and price may revert if volatility continues |
Check out Cookie Backtesting, Portfolio Optimization, Cookie Correlation, Cryptocurrency Center, Cookie Volatility, Cookie History as well as Cookie Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.