Power Ledger Probability of Future Crypto Coin Price Finishing Over 0.17
| POWR Crypto | USD 0.17 0.00 0.00% |
Power |
Power Ledger Target Price Odds to finish over 0.17
The tendency of Power 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 |
| 0.17 | 90 days | 0.17 | more than 93.0 |
Based on a normal probability distribution, the odds of Power Ledger to move above the current price in 90 days from now is more than 93.0 (This Power Ledger probability density function shows the probability of Power Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Power Ledger has a beta of -0.55 indicating as returns on the benchmark increase, returns on holding Power Ledger are expected to decrease at a much lower rate. During a bear market, however, Power Ledger is likely to outperform the market. Additionally Power Ledger 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. Power Ledger Price Density |
| Price |
Predictive Modules for Power Ledger
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Power Ledger. 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.Power Ledger Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Power Ledger is not an exception. The market had few large corrections towards the Power Ledger'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 Power Ledger, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Power Ledger within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.71 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.1 |
Power Ledger 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 Power Ledger for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Power Ledger can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Power Ledger generated a negative expected return over the last 90 days | |
| Power Ledger has high historical volatility and very poor performance | |
| Power Ledger has some characteristics of a very speculative cryptocurrency |
Power Ledger Technical Analysis
Power Ledger's future price can be derived by breaking down and analyzing its technical indicators over time. Power Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Power Ledger. In general, you should focus on analyzing Power Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Power Ledger Predictive Forecast Models
Power Ledger's time-series forecasting models is one of many Power Ledger'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 Power Ledger'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 Power Ledger
Checking the ongoing alerts about Power Ledger for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Power Ledger help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Power Ledger generated a negative expected return over the last 90 days | |
| Power Ledger has high historical volatility and very poor performance | |
| Power Ledger has some characteristics of a very speculative cryptocurrency |
Check out Power Ledger Backtesting, Portfolio Optimization, Power Ledger Correlation, Cryptocurrency Center, Power Ledger Volatility, Power Ledger History as well as Power Ledger Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.