OLT Chance of Future Crypto Coin Price Finishing Over 58.36
OLT Crypto | USD 0.0006 0.0008 56.53% |
OLT |
OLT Target Price Odds to finish over 58.36
The tendency of OLT 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 over $ 58.36 or more in 90 days |
0.0006 | 90 days | 58.36 | close to zero percent |
Based on a normal probability distribution, the odds of OLT to move over $ 58.36 or more in 90 days from now is close to zero percent (This OLT probability density function shows the probability of OLT Crypto Coin to fall within a particular range of prices over 90 days) . Probability of OLT price to stay between its current price of $ 0.0006 and $ 58.36 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon OLT has a beta of -1.03. This indicates Moreover OLT has an alpha of 1.8707, implying that it can generate a 1.87 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OLT Price Density |
Price |
Predictive Modules for OLT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OLT. 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.OLT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OLT is not an exception. The market had few large corrections towards the OLT'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 OLT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OLT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.87 | |
β | Beta against Dow Jones | -1.03 | |
σ | Overall volatility | 0.0002 | |
Ir | Information ratio | 0.08 |
OLT 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 OLT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OLT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.OLT is way too risky over 90 days horizon | |
OLT has some characteristics of a very speculative cryptocurrency | |
OLT appears to be risky and price may revert if volatility continues |
OLT Technical Analysis
OLT's future price can be derived by breaking down and analyzing its technical indicators over time. OLT Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OLT. In general, you should focus on analyzing OLT Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
OLT Predictive Forecast Models
OLT's time-series forecasting models is one of many OLT'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 OLT'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 OLT
Checking the ongoing alerts about OLT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OLT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
OLT is way too risky over 90 days horizon | |
OLT has some characteristics of a very speculative cryptocurrency | |
OLT appears to be risky and price may revert if volatility continues |
Check out OLT Backtesting, Portfolio Optimization, OLT Correlation, Cryptocurrency Center, OLT Volatility, OLT History as well as OLT Performance. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.