Basic Attention Probability of Future Crypto Coin Price Finishing Over 15.82
BAT Crypto | USD 0.32 0.01 3.03% |
Basic |
Basic Attention Target Price Odds to finish over 15.82
The tendency of Basic 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 over $ 15.82 or more in 90 days |
0.32 | 90 days | 15.82 | close to zero percent |
Based on a normal probability distribution, the odds of Basic Attention to move over $ 15.82 or more in 90 days from now is close to zero percent (This Basic Attention Token probability density function shows the probability of Basic Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Basic Attention Token price to stay between its current price of $ 0.32 and $ 15.82 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Basic Attention has a beta of 0.47 suggesting as returns on the market go up, Basic Attention average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Basic Attention Token will be expected to be much smaller as well. Moreover Basic Attention Token has an alpha of 1.119, implying that it can generate a 1.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Basic Attention Price Density |
Price |
Predictive Modules for Basic Attention
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Basic Attention Token. 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.Basic Attention Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Basic Attention is not an exception. The market had few large corrections towards the Basic Attention'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 Basic Attention Token, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Basic Attention within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.12 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.20 |
Basic Attention 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 Basic Attention for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Basic Attention Token can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Basic Attention is way too risky over 90 days horizon | |
Basic Attention has some characteristics of a very speculative cryptocurrency | |
Basic Attention appears to be risky and price may revert if volatility continues |
Basic Attention Technical Analysis
Basic Attention's future price can be derived by breaking down and analyzing its technical indicators over time. Basic Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Basic Attention Token. In general, you should focus on analyzing Basic Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Basic Attention Predictive Forecast Models
Basic Attention's time-series forecasting models is one of many Basic Attention'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 Basic Attention'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 Basic Attention Token
Checking the ongoing alerts about Basic Attention for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Basic Attention Token help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Basic Attention is way too risky over 90 days horizon | |
Basic Attention has some characteristics of a very speculative cryptocurrency | |
Basic Attention appears to be risky and price may revert if volatility continues |
Check out Basic Attention Backtesting, Portfolio Optimization, Basic Attention Correlation, Cryptocurrency Center, Basic Attention Volatility, Basic Attention History as well as Basic Attention Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.