Open Loot Probability of Future Crypto Coin Price Finishing Over 0.0305
| OL Crypto | USD 0.03 0.0009 2.51% |
Open |
Open Loot Target Price Odds to finish over 0.0305
The tendency of Open 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 $ 0.03 in 90 days |
| 0.03 | 90 days | 0.03 | about 86.74 |
Based on a normal probability distribution, the odds of Open Loot to stay above $ 0.03 in 90 days from now is about 86.74 (This Open Loot probability density function shows the probability of Open Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Open Loot price to stay between $ 0.03 and its current price of $0.0349 at the end of the 90-day period is about 7.38 .
Assuming the 90 days horizon Open Loot has a beta of -1.44. This indicates as returns on its benchmark rise, returns on holding Open Loot are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Open Loot is expected to outperform its benchmark. Additionally Open Loot 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. Open Loot Price Density |
| Price |
Predictive Modules for Open Loot
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Open Loot. 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 Open Loot'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.
Open Loot Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Open Loot is not an exception. The market had few large corrections towards the Open Loot'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 Open Loot, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Open Loot within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -1.44 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
Open Loot 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 Open Loot for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Open Loot can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Open Loot generated a negative expected return over the last 90 days | |
| Open Loot has high historical volatility and very poor performance | |
| Open Loot has some characteristics of a very speculative cryptocurrency |
Open Loot Technical Analysis
Open Loot's future price can be derived by breaking down and analyzing its technical indicators over time. Open Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Open Loot. In general, you should focus on analyzing Open Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Open Loot Predictive Forecast Models
Open Loot's time-series forecasting models is one of many Open Loot'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 Open Loot'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 Open Loot
Checking the ongoing alerts about Open Loot for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Open Loot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Open Loot generated a negative expected return over the last 90 days | |
| Open Loot has high historical volatility and very poor performance | |
| Open Loot has some characteristics of a very speculative cryptocurrency |
Check out Open Loot Backtesting, Portfolio Optimization, Open Loot Correlation, Cryptocurrency Center, Open Loot Volatility, Open Loot History as well as Open Loot Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.