TokenFi Odds of Future Crypto Coin Price Finishing Over 0.0187
| TOKEN Crypto | USD 0.02 0.0004 2.19% |
TokenFi |
TokenFi Target Price Odds to finish over 0.0187
The tendency of TokenFi 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 move above the current price in 90 days |
| 0.02 | 90 days | 0.02 | about 39.71 |
Based on a normal probability distribution, the odds of TokenFi to move above the current price in 90 days from now is about 39.71 (This TokenFi probability density function shows the probability of TokenFi Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon TokenFi has a beta of -0.45. This usually implies as returns on the benchmark increase, returns on holding TokenFi are expected to decrease at a much lower rate. During a bear market, however, TokenFi is likely to outperform the market. Additionally TokenFi has an alpha of 0.5936, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TokenFi Price Density |
| Price |
Predictive Modules for TokenFi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TokenFi. 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.TokenFi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TokenFi is not an exception. The market had few large corrections towards the TokenFi'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 TokenFi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TokenFi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.05 |
TokenFi 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 TokenFi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TokenFi can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TokenFi is way too risky over 90 days horizon | |
| TokenFi has some characteristics of a very speculative cryptocurrency | |
| TokenFi appears to be risky and price may revert if volatility continues |
TokenFi Technical Analysis
TokenFi's future price can be derived by breaking down and analyzing its technical indicators over time. TokenFi Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TokenFi. In general, you should focus on analyzing TokenFi Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
TokenFi Predictive Forecast Models
TokenFi's time-series forecasting models is one of many TokenFi'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 TokenFi'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 TokenFi
Checking the ongoing alerts about TokenFi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TokenFi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TokenFi is way too risky over 90 days horizon | |
| TokenFi has some characteristics of a very speculative cryptocurrency | |
| TokenFi appears to be risky and price may revert if volatility continues |
Check out TokenFi Backtesting, Portfolio Optimization, TokenFi Correlation, Cryptocurrency Center, TokenFi Volatility, TokenFi History as well as TokenFi Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.