API3 Statistic Functions BETA

API3
 Crypto
  

USD 1.47  0.02  1.34%   

API3 statistic functions tool provides the execution environment for running the BETA function and other technical functions against API3. API3 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. API3 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 eleven with a total number of output elements of fifty. The Beta measures systematic risk based on how returns on API3 correlated with the market. If Beta is less than 0 API3 generally moves in the opposite direction as compared to the market. If API3 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one API3 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of API3 is generally in the same direction as the market. If Beta > 1 API3 moves generally in the same direction as, but more than the movement of the benchmark.
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API3 Technical Analysis Modules

Most technical analysis of API3 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 API3 from various momentum indicators to cycle indicators. When you analyze API3 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 API3 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 API3. We use our internally-developed statistical techniques to arrive at the intrinsic value of API3 based on widely used predictive technical indicators. In general, we focus on analyzing API3 Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build API3'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 API3's intrinsic value. In addition to deriving basic predictive indicators for API3, we also check how macroeconomic factors affect API3 price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of API3'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 API3 in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.071.477.11
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.377.01
Details
Naive
Forecast
LowNext ValueHigh
0.0303251.527.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.451.491.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as API3. Your research has to be compared to or analyzed against API3's peers to derive any actionable benefits. When done correctly, API3'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 API3.

Learn to 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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API3 pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if API3 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in API3 will appreciate offsetting losses from the drop in the long position's value.

API3 Pair Trading

API3 Pair Trading Analysis

The ability to find closely correlated positions to API3 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace API3 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back API3 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling API3 to buy it.
The correlation of API3 is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as API3 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if API3 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for API3 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for API3 Crypto Coin

When running API3 price analysis, check to measure API3's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy API3 is operating at the current time. Most of API3's value examination focuses on studying past and present price actions to predict the probability of API3's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move API3's coin price. Additionally, you may evaluate how adding API3 to your portfolios can decrease your overall portfolio volatility.
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