IRIS Chance of Future Crypto Coin Price Finishing Over 0.0151
| IRIS Crypto | USD 0.02 0.0003 2.03% |
IRIS |
IRIS Target Price Odds to finish over 0.0151
The tendency of IRIS 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 33.12 |
Based on a normal probability distribution, the odds of IRIS to move above the current price in 90 days from now is about 33.12 (This IRIS probability density function shows the probability of IRIS Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon IRIS has a beta of 0.2. This usually indicates as returns on the market go up, IRIS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IRIS will be expected to be much smaller as well. Additionally IRIS 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. IRIS Price Density |
| Price |
Predictive Modules for IRIS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IRIS. 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.IRIS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IRIS is not an exception. The market had few large corrections towards the IRIS'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 IRIS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IRIS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.0007 | |
Ir | Information ratio | -0.03 |
IRIS 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 IRIS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IRIS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IRIS has some characteristics of a very speculative cryptocurrency | |
| IRIS had very high historical volatility over the last 90 days |
IRIS Technical Analysis
IRIS's future price can be derived by breaking down and analyzing its technical indicators over time. IRIS Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IRIS. In general, you should focus on analyzing IRIS Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
IRIS Predictive Forecast Models
IRIS's time-series forecasting models is one of many IRIS'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 IRIS'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 IRIS
Checking the ongoing alerts about IRIS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IRIS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IRIS has some characteristics of a very speculative cryptocurrency | |
| IRIS had very high historical volatility over the last 90 days |
Check out IRIS Backtesting, Portfolio Optimization, IRIS Correlation, Cryptocurrency Center, IRIS Volatility, IRIS History as well as IRIS Performance. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.