SUN Chance of Future Crypto Coin Price Finishing Over 5.83
| SUN Crypto | USD 0.04 0 9.69% |
SUN |
SUN Target Price Odds to finish over 5.83
The tendency of SUN 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 $ 5.83 or more in 90 days |
| 0.04 | 90 days | 5.83 | close to zero percent |
Based on a normal probability distribution, the odds of SUN to move over $ 5.83 or more in 90 days from now is close to zero percent (This SUN probability density function shows the probability of SUN Crypto Coin to fall within a particular range of prices over 90 days) . Probability of SUN price to stay between its current price of $ 0.04 and $ 5.83 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon SUN has a beta of -1.09. This usually implies Additionally SUN has an alpha of 0.9449, implying that it can generate a 0.94 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SUN Price Density |
| Price |
Predictive Modules for SUN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SUN. 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.SUN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SUN is not an exception. The market had few large corrections towards the SUN'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 SUN, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SUN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.94 | |
β | Beta against Dow Jones | -1.09 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.07 |
SUN 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 SUN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SUN can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SUN is way too risky over 90 days horizon | |
| SUN has some characteristics of a very speculative cryptocurrency | |
| SUN appears to be risky and price may revert if volatility continues |
SUN Technical Analysis
SUN's future price can be derived by breaking down and analyzing its technical indicators over time. SUN Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SUN. In general, you should focus on analyzing SUN Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
SUN Predictive Forecast Models
SUN's time-series forecasting models is one of many SUN'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 SUN'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 SUN
Checking the ongoing alerts about SUN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SUN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SUN is way too risky over 90 days horizon | |
| SUN has some characteristics of a very speculative cryptocurrency | |
| SUN appears to be risky and price may revert if volatility continues |
Check out SUN Backtesting, Portfolio Optimization, SUN Correlation, Cryptocurrency Center, SUN Volatility, SUN History as well as SUN Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.