Bitcoin Cash Probability of Future Crypto Coin Price Finishing Under 236.85
| BCH Crypto | USD 485.42 6.40 1.34% |
Bitcoin |
Bitcoin Cash Target Price Odds to finish below 236.85
The tendency of Bitcoin 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 $ 236.85 or more in 90 days |
| 485.42 | 90 days | 236.85 | about 15.24 |
Based on a normal probability distribution, the odds of Bitcoin Cash to drop to $ 236.85 or more in 90 days from now is about 15.24 (This Bitcoin Cash probability density function shows the probability of Bitcoin Crypto Coin to fall within a particular range of prices over 90 days) . Probability of Bitcoin Cash price to stay between $ 236.85 and its current price of $485.42 at the end of the 90-day period is about 60.22 .
Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 3.29 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bitcoin Cash will likely underperform. Moreover Bitcoin Cash has an alpha of 1.2309, implying that it can generate a 1.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Bitcoin Cash Price Density |
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Predictive Modules for Bitcoin Cash
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bitcoin Cash. 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 Bitcoin Cash'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.
Bitcoin Cash Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bitcoin Cash is not an exception. The market had few large corrections towards the Bitcoin Cash'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 Bitcoin Cash, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bitcoin Cash within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.23 | |
β | Beta against NYSE Composite | 3.29 | |
σ | Overall volatility | 144.95 | |
Ir | Information ratio | 0.15 |
Bitcoin Cash 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 Bitcoin Cash for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bitcoin Cash can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bitcoin Cash is way too risky over 90 days horizon | |
| Bitcoin Cash appears to be risky and price may revert if volatility continues |
Bitcoin Cash Technical Analysis
Bitcoin Cash's future price can be derived by breaking down and analyzing its technical indicators over time. Bitcoin Crypto Coin technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitcoin Cash. In general, you should focus on analyzing Bitcoin Crypto Coin price patterns and their correlations with different microeconomic environments and drivers.
Bitcoin Cash Predictive Forecast Models
Bitcoin Cash's time-series forecasting models is one of many Bitcoin Cash'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 Bitcoin Cash'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 Bitcoin Cash
Checking the ongoing alerts about Bitcoin Cash for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bitcoin Cash help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bitcoin Cash is way too risky over 90 days horizon | |
| Bitcoin Cash appears to be risky and price may revert if volatility continues |
Check out Bitcoin Cash Backtesting, Portfolio Optimization, Bitcoin Cash Correlation, Cryptocurrency Center, Bitcoin Cash Volatility, Bitcoin Cash History as well as Bitcoin Cash Performance. Note that the Bitcoin Cash information on this page should be used as a complementary analysis to other Bitcoin Cash's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.