0x Chance of Future Crypto Coin Price Finishing Over 0.5
| ZRX Crypto | USD 0.50 0.02 3.85% |
0x |
0x Target Price Odds to finish over 0.5
The tendency of 0x 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 |
| 0.50 | 90 days | 0.50 | about 59.22 |
Based on a normal probability distribution, the odds of 0x to move above the current price in 90 days from now is about 59.22 (This 0x probability density function shows the probability of 0x Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon 0x has a beta of -0.31. This usually means as returns on the benchmark increase, returns on holding 0x are expected to decrease at a much lower rate. During a bear market, however, 0x is likely to outperform the market. Moreover 0x has an alpha of 1.3213, implying that it can generate a 1.32 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). 0x Price Density |
| Price |
Predictive Modules for 0x
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 0x. 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 0x'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.
0x Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 0x is not an exception. The market had few large corrections towards the 0x'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 0x, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 0x within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.32 | |
β | Beta against NYSE Composite | -0.31 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | 0.10 |
0x 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 0x for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 0x can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 0x is way too risky over 90 days horizon | |
| 0x has some characteristics of a very speculative cryptocurrency | |
| 0x appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Were not believers Goldman Sachs doubles down on crypto skepticism despite Wall Street embracing Bitcoin ETFs - Yahoo Finance |
0x Technical Analysis
0x's future price can be derived by breaking down and analyzing its technical indicators over time. 0x Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 0x. In general, you should focus on analyzing 0x Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
0x Predictive Forecast Models
0x's time-series forecasting models is one of many 0x'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 0x'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 0x
Checking the ongoing alerts about 0x for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 0x help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 0x is way too risky over 90 days horizon | |
| 0x has some characteristics of a very speculative cryptocurrency | |
| 0x appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Were not believers Goldman Sachs doubles down on crypto skepticism despite Wall Street embracing Bitcoin ETFs - Yahoo Finance |
Check out 0x Backtesting, Portfolio Optimization, 0x Correlation, Cryptocurrency Center, 0x Volatility, 0x History as well as 0x Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.