Mina Protocol Probability of Future Crypto Coin Price Finishing Over 0.19
| MINA Crypto | USD 0.24 0.02 9.09% |
Mina |
Mina Protocol Target Price Odds to finish over 0.19
The tendency of Mina 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 $ 0.19 in 90 days |
| 0.24 | 90 days | 0.19 | about 79.96 |
Based on a normal probability distribution, the odds of Mina Protocol to stay above $ 0.19 in 90 days from now is about 79.96 (This Mina Protocol probability density function shows the probability of Mina Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Mina Protocol price to stay between $ 0.19 and its current price of $0.24 at the end of the 90-day period is about 51.19 .
Assuming the 90 days trading horizon Mina Protocol has a beta of -0.22. This indicates as returns on the benchmark increase, returns on holding Mina Protocol are expected to decrease at a much lower rate. During a bear market, however, Mina Protocol is likely to outperform the market. Additionally Mina Protocol has an alpha of 0.1656, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mina Protocol Price Density |
| Price |
Predictive Modules for Mina Protocol
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mina Protocol. 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.Mina Protocol Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mina Protocol is not an exception. The market had few large corrections towards the Mina Protocol'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 Mina Protocol, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mina Protocol within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.00000645 |
Mina Protocol 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 Mina Protocol for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mina Protocol can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mina Protocol had very high historical volatility over the last 90 days | |
| Mina Protocol has some characteristics of a very speculative cryptocurrency |
Mina Protocol Technical Analysis
Mina Protocol's future price can be derived by breaking down and analyzing its technical indicators over time. Mina Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mina Protocol. In general, you should focus on analyzing Mina Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Mina Protocol Predictive Forecast Models
Mina Protocol's time-series forecasting models is one of many Mina Protocol'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 Mina Protocol'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 Mina Protocol
Checking the ongoing alerts about Mina Protocol for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mina Protocol help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mina Protocol had very high historical volatility over the last 90 days | |
| Mina Protocol has some characteristics of a very speculative cryptocurrency |
Check out Mina Protocol Backtesting, Portfolio Optimization, Mina Protocol Correlation, Cryptocurrency Center, Mina Protocol Volatility, Mina Protocol History as well as Mina Protocol Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.