FileCoin Crypto Coin Forecast - Daily Balance Of Power
| FIL Crypto | USD 5.88 0.12 2.00% |
FileCoin Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FileCoin crypto prices and determine the direction of FileCoin's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of FileCoin's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of FileCoin to cross-verify your projections. FileCoin |
Most investors in FileCoin cannot accurately predict what will happen the next trading day because, historically, crypto markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the FileCoin's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets FileCoin's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of FileCoin market sensitivity to bulls and bears. It estimates the ability of FileCoin buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring FileCoin Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2778 | (0.38) |
| Check FileCoin Volatility | Backtest FileCoin | Information Ratio |
FileCoin Trading Date Momentum
| On April 18 2024 FileCoin was traded for 5.88 at the closing time. The maximum traded price for the trading interval was 5.94 and the lowest daily price was 5.62 . There was no trading activity during the period 0.0. Lack of trading volume on 18th of April 2024 did not affect price variability. The overall trading delta to the closing price today is 0.60% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare FileCoin to competition |
Other Forecasting Options for FileCoin
For every potential investor in FileCoin, whether a beginner or expert, FileCoin's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FileCoin Crypto Coin price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FileCoin. Basic forecasting techniques help filter out the noise by identifying FileCoin's price trends.FileCoin Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FileCoin crypto coin to make a market-neutral strategy. Peer analysis of FileCoin could also be used in its relative valuation, which is a method of valuing FileCoin by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FileCoin Technical and Predictive Analytics
The crypto coin market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of FileCoin's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of FileCoin's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
FileCoin Market Strength Events
Market strength indicators help investors to evaluate how FileCoin crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FileCoin shares will generate the highest return on investment. By undertsting and applying FileCoin crypto coin market strength indicators, traders can identify FileCoin entry and exit signals to maximize returns.
FileCoin Risk Indicators
The analysis of FileCoin's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in FileCoin's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting filecoin crypto coin prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.62 | |||
| Semi Deviation | 5.9 | |||
| Standard Deviation | 6.66 | |||
| Variance | 44.37 | |||
| Downside Variance | 38.62 | |||
| Semi Variance | 34.82 | |||
| Expected Short fall | (4.77) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of FileCoin to cross-verify your projections. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.