ICON Project Probability of Future Crypto Coin Price Finishing Under 0.39

ICX Crypto  USD 0.34  0.01  2.86%   
ICON Project's future price is the expected price of ICON Project instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ICON Project performance during a given time horizon utilizing its historical volatility. Check out ICON Project Backtesting, Portfolio Optimization, ICON Project Correlation, Cryptocurrency Center, ICON Project Volatility, ICON Project History as well as ICON Project Performance.
  
Please specify ICON Project's target price for which you would like ICON Project odds to be computed.

ICON Project Target Price Odds to finish below 0.39

The tendency of ICON 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 PriceHorizonTarget PriceOdds to stay under $ 0.39  after 90 days
 0.34 90 days 0.39 
close to 99
Based on a normal probability distribution, the odds of ICON Project to stay under $ 0.39  after 90 days from now is close to 99 (This ICON Project probability density function shows the probability of ICON Crypto Coin to fall within a particular range of prices over 90 days) . Probability of ICON Project price to stay between its current price of $ 0.34  and $ 0.39  at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon ICON Project has a beta of 0.16. This usually indicates as returns on the market go up, ICON Project average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ICON Project will be expected to be much smaller as well. Additionally ICON Project has an alpha of 0.4066, implying that it can generate a 0.41 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   ICON Project Price Density   
       Price  

Predictive Modules for ICON Project

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ICON Project. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ICON Project's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.020.345.79
Details
Intrinsic
Valuation
LowRealHigh
0.010.275.72
Details
Naive
Forecast
LowNextHigh
0.010.335.78
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.330.350.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ICON Project. Your research has to be compared to or analyzed against ICON Project's peers to derive any actionable benefits. When done correctly, ICON Project's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ICON Project.

ICON Project Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ICON Project is not an exception. The market had few large corrections towards the ICON Project'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 ICON Project, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ICON Project within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.41
β
Beta against NYSE Composite0.16
σ
Overall volatility
0.05
Ir
Information ratio 0.06

ICON Project 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 ICON Project for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ICON Project can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ICON Project is way too risky over 90 days horizon
ICON Project has some characteristics of a very speculative cryptocurrency
ICON Project appears to be risky and price may revert if volatility continues

ICON Project Technical Analysis

ICON Project's future price can be derived by breaking down and analyzing its technical indicators over time. ICON Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ICON Project. In general, you should focus on analyzing ICON Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.

ICON Project Predictive Forecast Models

ICON Project's time-series forecasting models is one of many ICON Project'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 ICON Project'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 ICON Project

Checking the ongoing alerts about ICON Project for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ICON Project help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ICON Project is way too risky over 90 days horizon
ICON Project has some characteristics of a very speculative cryptocurrency
ICON Project appears to be risky and price may revert if volatility continues
When determining whether ICON Project offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICON Project'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 Icon Project Crypto.
Check out ICON Project Backtesting, Portfolio Optimization, ICON Project Correlation, Cryptocurrency Center, ICON Project Volatility, ICON Project History as well as ICON Project Performance.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for ICON Crypto Coin analysis

When running ICON Project's price analysis, check to measure ICON Project's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy ICON Project is operating at the current time. Most of ICON Project's value examination focuses on studying past and present price actions to predict the probability of ICON Project's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move ICON Project's coin price. Additionally, you may evaluate how adding ICON Project to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ICON Project's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine ICON Project 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, ICON Project's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.