Binance Coin Probability of Future Crypto Coin Price Finishing Under 641.47
| BNB Crypto | USD 644.00 0.85 0.13% |
Binance |
Binance Coin Target Price Odds to finish below 641.47
The tendency of Binance 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 $ 641.47 or more in 90 days |
| 644.00 | 90 days | 641.47 | over 95.13 |
Based on a normal probability distribution, the odds of Binance Coin to drop to $ 641.47 or more in 90 days from now is over 95.13 (This Binance Coin probability density function shows the probability of Binance Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Binance Coin price to stay between $ 641.47 and its current price of $644.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Binance Coin has a beta of 0.49 suggesting as returns on the market go up, Binance Coin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Binance Coin will be expected to be much smaller as well. Additionally Binance Coin has an alpha of 0.2425, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Binance Coin Price Density |
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Predictive Modules for Binance Coin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Binance Coin. 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.Binance Coin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Binance Coin is not an exception. The market had few large corrections towards the Binance Coin'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 Binance Coin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Binance Coin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 37.56 | |
Ir | Information ratio | 0.07 |
Binance Coin Technical Analysis
Binance Coin's future price can be derived by breaking down and analyzing its technical indicators over time. Binance Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Binance Coin. In general, you should focus on analyzing Binance Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Binance Coin Predictive Forecast Models
Binance Coin's time-series forecasting models is one of many Binance Coin'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 Binance Coin'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.
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Binance Coin in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.
Check out Binance Coin Backtesting, Portfolio Optimization, Binance Coin Correlation, Cryptocurrency Center, Binance Coin Volatility, Binance Coin History as well as Binance Coin Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.