BORA Chance of Future Crypto Coin Price Finishing Over 0.24

BORA
 Crypto
  

USD 0.24  0.01  4.35%   

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

BORA Target Price Odds to finish over 0.24

The tendency of BORA 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
 0.24 90 days 0.24 
over 95.22
Based on a normal probability distribution, the odds of BORA to move above the current price in 90 days from now is over 95.22 (This BORA probability density function shows the probability of BORA Crypto Coin to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BORA has a beta of 0.47 suggesting as returns on the market go up, BORA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BORA will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. BORA is significantly underperforming DOW.
   BORA Price Density   
       Price  

Predictive Modules for BORA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BORA. 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 BORA'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 BORA in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.234.63
Details
Intrinsic
Valuation
LowReal ValueHigh
0.010.224.62
Details
Naive
Forecast
LowNext ValueHigh
0.0041490.214.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.250.270.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BORA. Your research has to be compared to or analyzed against BORA's peers to derive any actionable benefits. When done correctly, BORA'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 BORA.

BORA Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. BORA is not an exception. The market had few large corrections towards the BORA'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 BORA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BORA within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.3
β
Beta against DOW0.47
σ
Overall volatility
0.03599
Ir
Information ratio -0.06

BORA 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 BORA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BORA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
BORA generated a negative expected return over the last 90 days
BORA has some characteristics of a very speculative cryptocurrency
BORA has high historical volatility and very poor performance

BORA Technical Analysis

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

BORA Predictive Forecast Models

BORA time-series forecasting models is one of many BORA'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 BORA'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 BORA

Checking the ongoing alerts about BORA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BORA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BORA generated a negative expected return over the last 90 days
BORA has some characteristics of a very speculative cryptocurrency
BORA has high historical volatility and very poor performance
Continue to BORA Backtesting, Portfolio Optimization, BORA Correlation, Cryptocurrency Center, BORA Volatility, BORA History as well as BORA Performance. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Tools for BORA Crypto Coin

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