MXC Chance of Future Crypto Coin Price Finishing Over 0.006167
| MXC Crypto | USD 0.01 0.000001 0.02% |
MXC |
MXC Target Price Odds to finish over 0.006167
The tendency of MXC 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 |
| 0.01 | 90 days | 0.01 | about 57.63 |
Based on a normal probability distribution, the odds of MXC to move above the current price in 90 days from now is about 57.63 (This MXC probability density function shows the probability of MXC Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon MXC has a beta of 0.44. This indicates as returns on the market go up, MXC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MXC will be expected to be much smaller as well. Additionally MXC 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. MXC Price Density |
| Price |
Predictive Modules for MXC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MXC. 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.MXC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MXC is not an exception. The market had few large corrections towards the MXC'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 MXC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MXC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.0007 | |
Ir | Information ratio | -0.04 |
MXC 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 MXC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MXC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MXC has some characteristics of a very speculative cryptocurrency | |
| MXC had very high historical volatility over the last 90 days |
MXC Technical Analysis
MXC's future price can be derived by breaking down and analyzing its technical indicators over time. MXC Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MXC. In general, you should focus on analyzing MXC Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
MXC Predictive Forecast Models
MXC's time-series forecasting models is one of many MXC'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 MXC'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 MXC
Checking the ongoing alerts about MXC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MXC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MXC has some characteristics of a very speculative cryptocurrency | |
| MXC had very high historical volatility over the last 90 days |
Check out MXC Backtesting, Portfolio Optimization, MXC Correlation, Cryptocurrency Center, MXC Volatility, MXC History as well as MXC Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.