Biconomy Statistic Functions Beta

BICO Crypto  USD 0.37  0.03  8.82%   
Biconomy statistic functions tool provides the execution environment for running the Beta function and other technical functions against Biconomy. Biconomy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Biconomy statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Biconomy correlated with the market. If Beta is less than 0 Biconomy generally moves in the opposite direction as compared to the market. If Biconomy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Biconomy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Biconomy is generally in the same direction as the market. If Beta > 1 Biconomy moves generally in the same direction as, but more than the movement of the benchmark.

Biconomy Technical Analysis Modules

Most technical analysis of Biconomy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Biconomy from various momentum indicators to cycle indicators. When you analyze Biconomy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Biconomy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Biconomy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Biconomy based on widely used predictive technical indicators. In general, we focus on analyzing Biconomy Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Biconomy's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Biconomy's intrinsic value. In addition to deriving basic predictive indicators for Biconomy, we also check how macroeconomic factors affect Biconomy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.020.376.79
Details
Intrinsic
Valuation
LowRealHigh
0.010.276.69
Details
Naive
Forecast
LowNextHigh
0.010.396.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.220.290.37
Details

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Biconomy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biconomy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biconomy Crypto.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biconomy. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Please note, there is a significant difference between Biconomy's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Biconomy value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Biconomy's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.