Litecoin Odds of Future Crypto Coin Price Finishing Over 77.95

LTC
 Crypto
  

USD 77.95  1.49  1.95%   

Litecoin's future price is the expected price of Litecoin 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 Litecoin performance during a given time horizon utilizing its historical volatility.
  
Additionally, see Litecoin Backtesting, Portfolio Optimization, Litecoin Correlation, Cryptocurrency Center, Litecoin Volatility, Litecoin History as well as Litecoin Performance. Please specify Litecoin time horizon, a valid symbol (red box) and a target price (blue box) you would like Litecoin odds to be computed.

Litecoin Target Price Odds to finish over 77.95

The tendency of Litecoin 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 move above the current price in 90 days
 77.95 90 days 77.95 
about 1.37
Based on a normal probability distribution, the odds of Litecoin to move above the current price in 90 days from now is about 1.37 (This Litecoin probability density function shows the probability of Litecoin Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Litecoin has a beta of -0.4. This indicates as returns on benchmark increase, returns on holding Litecoin are expected to decrease at a much lower rate. During the bear market, however, Litecoin is likely to outperform the market. Additionally The company has an alpha of 0.5421, implying that it can generate a 0.54 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Litecoin Price Density   
       Price  

Predictive Modules for Litecoin

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Litecoin. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of Litecoin'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. Please use the tools below to analyze the current value of Litecoin in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
72.5877.9583.32
Details
Intrinsic
Valuation
LowReal ValueHigh
54.5959.9685.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Litecoin. Your research has to be compared to or analyzed against Litecoin's peers to derive any actionable benefits. When done correctly, Litecoin's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Litecoin.

Litecoin Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Litecoin is not an exception. The market had few large corrections towards the Litecoin'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 Litecoin, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Litecoin within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.54
β
Beta against NYSE Composite-0.4
σ
Overall volatility
8.46
Ir
Information ratio 0.07

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

Litecoin Technical Analysis

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

Litecoin Predictive Forecast Models

Litecoin time-series forecasting models is one of many Litecoin's crypto coin analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Litecoin'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 Litecoin

Checking the ongoing alerts about Litecoin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Litecoin help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Litecoin is way too risky over 90 days horizon
Litecoin appears to be risky and price may revert if volatility continues
Additionally, see Litecoin Backtesting, Portfolio Optimization, Litecoin Correlation, Cryptocurrency Center, Litecoin Volatility, Litecoin History as well as Litecoin Performance. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for Litecoin Crypto Coin

When running Litecoin price analysis, check to measure Litecoin's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Litecoin is operating at the current time. Most of Litecoin's value examination focuses on studying past and present price actions to predict the probability of Litecoin's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Litecoin's coin price. Additionally, you may evaluate how adding Litecoin to your portfolios can decrease your overall portfolio volatility.
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