KSM Chance of Future Crypto Coin Price Finishing Under 6.41
| KSM Crypto | USD 9.40 0.66 6.56% |
KSM |
KSM Target Price Odds to finish below 6.41
The tendency of KSM 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 $ 6.41 or more in 90 days |
| 9.40 | 90 days | 6.41 | near 1 |
Based on a normal probability distribution, the odds of KSM to drop to $ 6.41 or more in 90 days from now is near 1 (This KSM probability density function shows the probability of KSM Crypto Coin to fall within a particular range of prices over 90 days) . Probability of KSM price to stay between $ 6.41 and its current price of $9.4 at the end of the 90-day period is about 1.11 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 2.8 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, KSM will likely underperform. Additionally KSM has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. KSM Price Density |
| Price |
Predictive Modules for KSM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KSM. 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.KSM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KSM is not an exception. The market had few large corrections towards the KSM'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 KSM, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KSM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.72 | |
β | Beta against Dow Jones | 2.80 | |
σ | Overall volatility | 2.04 | |
Ir | Information ratio | -0.1 |
KSM 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 KSM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KSM can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KSM generated a negative expected return over the last 90 days | |
| KSM has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Bitcoin Price, Ethereum Slip. What to Watch for Cryptos Next Move. - Barrons |
KSM Technical Analysis
KSM's future price can be derived by breaking down and analyzing its technical indicators over time. KSM Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KSM. In general, you should focus on analyzing KSM Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
KSM Predictive Forecast Models
KSM's time-series forecasting models is one of many KSM'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 KSM'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 KSM
Checking the ongoing alerts about KSM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KSM help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KSM generated a negative expected return over the last 90 days | |
| KSM has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Bitcoin Price, Ethereum Slip. What to Watch for Cryptos Next Move. - Barrons |
Check out KSM Backtesting, Portfolio Optimization, KSM Correlation, Cryptocurrency Center, KSM Volatility, KSM History as well as KSM Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.