Optimism Analysis


USD 1.07  0.01  0.93%   

The current bullish price patterns experienced by current Optimism shareholders may encourage investors to take a closer look at the crypto as it is trading at a share price of 1.07 on 104.31 in trading volume. The company management teams have been very successful in rebalancing the crypto assets at opportune times to take advantage of market volatility in November. The crypto standard deviation of daily returns for 90 days investing horizon is currently 9.21. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Optimism partners.
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The Optimism crypto coin analysis report makes it easy to digest most publicly released information about Optimism and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Optimism Crypto Coin analysis module also helps to analyze the Optimism price relationship with some important fundamental indicators such as market cap and management efficiency.

Optimism Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more cryptos at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Optimism's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Optimism or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Optimism has very high historical volatility over the last 90 days
Optimism has some characteristics of a very speculative cryptocurrency

Technical Drivers

As of the 10th of December, Optimism holds the Semi Deviation of 7.67, risk adjusted performance of 0.0088, and Coefficient Of Variation of 398152.27. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Optimism, as well as the relationship between them. Put it differently, you can use this information to find out if the crypto will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Optimism, which can be compared to its competitors. Please check Optimism treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to decide if Optimism is priced some-what accurately, providing market reflects its current price of 1.07 per share.

Optimism Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Kaufman Adaptive Moving Average allows the user to define Optimism range across which they want the smoothing.

Optimism Technical and Predictive Indicators

Optimism Forecast Models

Optimism time-series forecasting models is one of many Optimism'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 Optimism'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 market movement and maximize returns from investment trading.

About Optimism Crypto Coin Analysis

Crypto Coin analysis is the technique used by a trader or investor to examine and evaluate how Optimism prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Optimism shares will generate the highest return on investment. We also built our crypto analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Crypto such as Optimism. By using and applying Optimism Crypto Coin analysis, traders can create a robust methodology for identifying Optimism entry and exit points for their positions.
Optimism is peer-to-peer digital currency powered by the Blockchain technology.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our crypto coin analysis tools, you can find out how much better you can do when adding Optimism to your portfolios without increasing risk or reducing expected return.

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Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets
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Please check Your Equity Center. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Tools for Optimism Crypto Coin

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