XEM Chance of Future Crypto Coin Price Finishing Under 0.002197
| XEM Crypto | USD 0 0.0002 4.91% |
XEM |
XEM Target Price Odds to finish below 0.002197
The tendency of XEM 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 or more in 90 days |
| 0 | 90 days | 0 | about 18.01 |
Based on a normal probability distribution, the odds of XEM to drop to $ 0 or more in 90 days from now is about 18.01 (This XEM probability density function shows the probability of XEM Crypto Coin to fall within a particular range of prices over 90 days) . Probability of XEM price to stay between $ 0 and its current price of $0.003389 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon XEM has a beta of -8.25. This entails as returns on its benchmark rise, returns on holding XEM are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, XEM is expected to outperform its benchmark. In addition to that XEM has an alpha of 2.6452, implying that it can generate a 2.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). XEM Price Density |
| Price |
Predictive Modules for XEM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XEM. 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.XEM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XEM is not an exception. The market had few large corrections towards the XEM'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 XEM, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XEM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.65 | |
β | Beta against Dow Jones | -8.25 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
XEM 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 XEM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XEM can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| XEM generated a negative expected return over the last 90 days | |
| XEM has high historical volatility and very poor performance | |
| XEM has some characteristics of a very speculative cryptocurrency |
XEM Technical Analysis
XEM's future price can be derived by breaking down and analyzing its technical indicators over time. XEM Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XEM. In general, you should focus on analyzing XEM Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
XEM Predictive Forecast Models
XEM's time-series forecasting models is one of many XEM'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 XEM'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 XEM
Checking the ongoing alerts about XEM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XEM help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XEM generated a negative expected return over the last 90 days | |
| XEM has high historical volatility and very poor performance | |
| XEM has some characteristics of a very speculative cryptocurrency |
Check out XEM Backtesting, Portfolio Optimization, XEM Correlation, Cryptocurrency Center, XEM Volatility, XEM History as well as XEM Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.