LEO Token Probability of Future Crypto Coin Price Finishing Over 8.87
| LEO Crypto | USD 9.56 0.03 0.31% |
LEO |
LEO Token Target Price Odds to finish over 8.87
The tendency of LEO 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 $ 8.87 in 90 days |
| 9.56 | 90 days | 8.87 | about 6.2 |
Based on a normal probability distribution, the odds of LEO Token to stay above $ 8.87 in 90 days from now is about 6.2 (This LEO Token probability density function shows the probability of LEO Crypto Coin to fall within a particular range of prices over 90 days) . Probability of LEO Token price to stay between $ 8.87 and its current price of $9.56 at the end of the 90-day period is nearly 4.24 .
Assuming the 90 days trading horizon LEO Token has a beta of -0.14. This indicates as returns on the benchmark increase, returns on holding LEO Token are expected to decrease at a much lower rate. During a bear market, however, LEO Token is likely to outperform the market. Additionally LEO Token has an alpha of 0.8591, implying that it can generate a 0.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LEO Token Price Density |
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Predictive Modules for LEO Token
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LEO 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.LEO Token Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LEO Token is not an exception. The market had few large corrections towards the LEO Token'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 LEO Token, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LEO Token within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.86 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | 0.28 |
LEO Token Technical Analysis
LEO Token's future price can be derived by breaking down and analyzing its technical indicators over time. LEO Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LEO Token. In general, you should focus on analyzing LEO Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
LEO Token Predictive Forecast Models
LEO Token's time-series forecasting models is one of many LEO Token'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 LEO Token'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 LEO Token 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 LEO Token Backtesting, Portfolio Optimization, LEO Token Correlation, Cryptocurrency Center, LEO Token Volatility, LEO Token History as well as LEO Token Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.