JasmyCoin Probability of Future Crypto Coin Price Finishing Over 0.0171
| JASMY Crypto | USD 0.04 0.0004 0.90% |
JasmyCoin |
JasmyCoin Target Price Odds to finish over 0.0171
The tendency of JasmyCoin 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 stay above $ 0.02 in 90 days |
| 0.04 | 90 days | 0.02 | about 77.1 |
Based on a normal probability distribution, the odds of JasmyCoin to stay above $ 0.02 in 90 days from now is about 77.1 (This JasmyCoin probability density function shows the probability of JasmyCoin Crypto Coin to fall within a particular range of prices over 90 days) . Probability of JasmyCoin price to stay between $ 0.02 and its current price of $0.0438 at the end of the 90-day period is about 76.39 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 1.34 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, JasmyCoin will likely underperform. Moreover JasmyCoin has an alpha of 1.3235, implying that it can generate a 1.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). JasmyCoin Price Density |
| Price |
Predictive Modules for JasmyCoin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JasmyCoin. 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 JasmyCoin'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.
JasmyCoin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JasmyCoin is not an exception. The market had few large corrections towards the JasmyCoin'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 JasmyCoin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JasmyCoin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.32 | |
β | Beta against Dow Jones | 1.34 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.14 |
JasmyCoin 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 JasmyCoin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JasmyCoin can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JasmyCoin is way too risky over 90 days horizon | |
| JasmyCoin has some characteristics of a very speculative cryptocurrency | |
| JasmyCoin appears to be risky and price may revert if volatility continues |
JasmyCoin Technical Analysis
JasmyCoin's future price can be derived by breaking down and analyzing its technical indicators over time. JasmyCoin Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JasmyCoin. In general, you should focus on analyzing JasmyCoin Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
JasmyCoin Predictive Forecast Models
JasmyCoin's time-series forecasting models is one of many JasmyCoin'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 JasmyCoin'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 JasmyCoin
Checking the ongoing alerts about JasmyCoin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JasmyCoin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JasmyCoin is way too risky over 90 days horizon | |
| JasmyCoin has some characteristics of a very speculative cryptocurrency | |
| JasmyCoin appears to be risky and price may revert if volatility continues |
Check out JasmyCoin Backtesting, Portfolio Optimization, JasmyCoin Correlation, Cryptocurrency Center, JasmyCoin Volatility, JasmyCoin History as well as JasmyCoin Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..