Scroll Network Probability of Future Crypto Coin Price Finishing Under 0.59
| SCROLL Crypto | USD 0.94 0.04 4.44% |
Scroll |
Scroll Network Target Price Odds to finish below 0.59
The tendency of Scroll 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 drop to $ 0.59 or more in 90 days |
| 0.94 | 90 days | 0.59 | about 80.5 |
Based on a normal probability distribution, the odds of Scroll Network to drop to $ 0.59 or more in 90 days from now is about 80.5 (This Scroll Network probability density function shows the probability of Scroll Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Scroll Network price to stay between $ 0.59 and its current price of $0.94 at the end of the 90-day period is about 16.12 .
Assuming the 90 days trading horizon Scroll Network has a beta of -0.33. This usually implies as returns on the benchmark increase, returns on holding Scroll Network are expected to decrease at a much lower rate. During a bear market, however, Scroll Network is likely to outperform the market. Additionally Scroll Network has an alpha of 0.4711, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Scroll Network Price Density |
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Predictive Modules for Scroll Network
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scroll Network. 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.Scroll Network Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scroll Network is not an exception. The market had few large corrections towards the Scroll Network'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 Scroll Network, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scroll Network within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | 0.06 |
Scroll Network 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 Scroll Network for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scroll Network can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Scroll Network is way too risky over 90 days horizon | |
| Scroll Network has some characteristics of a very speculative cryptocurrency | |
| Scroll Network appears to be risky and price may revert if volatility continues |
Scroll Network Technical Analysis
Scroll Network's future price can be derived by breaking down and analyzing its technical indicators over time. Scroll Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Scroll Network. In general, you should focus on analyzing Scroll Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Scroll Network Predictive Forecast Models
Scroll Network's time-series forecasting models is one of many Scroll Network'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 Scroll Network'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 Scroll Network
Checking the ongoing alerts about Scroll Network for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scroll Network help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scroll Network is way too risky over 90 days horizon | |
| Scroll Network has some characteristics of a very speculative cryptocurrency | |
| Scroll Network appears to be risky and price may revert if volatility continues |
Check out Scroll Network Backtesting, Portfolio Optimization, Scroll Network Correlation, Cryptocurrency Center, Scroll Network Volatility, Scroll Network History as well as Scroll Network Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..