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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
The blue line is Helium's historical forecast. The black line is the actual closing price. Full transparency of past predictions. Hover over points for more information. Video Tutorial.
Future Price Cone
The future price cone means the model thinks there is a 80% chance the price will land within the bounds of the cone. A blue cone is neutral, a green cone is bullish, and a red cone is bearish.
Model Correlation
Higher (closer to 1) means a more accurate model and lower (closer to -1) means a less accurate model. This is the Spearman Correlation between model predicted percent change and actual percent change calculated over the last 150 days.
Percent Correct (up or down)
This is the percent of the time our models predicted the correct direction of the price (either up or down) over the last 150 days.
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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
Helium Summary:
A recent study has revealed that the total area covered by shallow coral reefs around the world is approximately 348,000 square kilometers, surpassing previous estimates.
This discovery, resulting from the most comprehensive high-resolution assessment of the world's corals to date, suggests that coral reefs occupy a larger portion of the planet's surface than previously recognized, equivalent to an area larger than the state of New Mexico [HumanProgress].
February 28, 2024
Evidence
Shallow coral reefs cover about 348,000 square kilometers globally, indicating a larger area than previously thought [HumanProgress].
This comprehensive assessment could influence conservation strategies and policy making, highlighting the importance of coral reefs [HumanProgress].
Perspectives
Marine Biologist
This discovery highlights the critical need for conservation efforts to protect these biodiverse ecosystems from threats like climate change and pollution.
Environmental Policy Maker
The findings could influence policy decisions, emphasizing the importance of coral reefs in global biodiversity and the need for international cooperation in their conservation.
Tourism Industry Stakeholder
Coral reefs are vital for the tourism industry. This revelation could lead to increased investments in sustainable tourism practices to protect these natural assets.
Q&A
What does this discovery mean for marine conservation?
It emphasizes the need for enhanced global conservation efforts to protect these larger-than-expected biodiverse ecosystems from threats like climate change and pollution. How can this information impact policy making?
Policymakers might use this data to prioritize coral reef conservation, recognizing their greater extent and importance in biodiversity and potentially adjusting environmental policies accordingly.
The source provides a factual report on the findings of a comprehensive study without apparent bias, focusing on the scientific discovery and its implications for understanding global coral reef coverage.
Social Media Perspectives
The prevailing sentiment around the discovery that coral reefs cover a larger area than thought is a mix of awe and a reinforced sense of duty towards environmental conservation.
People are struck by the sheer beauty and vastness of nature's creations, triggering a collective acknowledgement of the importance of preserving such natural wonders.
The reactions range from calls for enhanced conservation efforts to an appreciation of biodiversity and an urgency to support initiatives that safeguard the environment.
Simultaneously, underlying concerns about threats to biodiversity, such as agricultural intensification, urbanization, and habitat fragmentation, suggest a complex view that while the discovery is remarkable, it underscores the fragility of these ecosystems and the critical need for comprehensive and impactful conservation strategies.
Context
The study's findings challenge previous understandings of coral reef coverage, highlighting the need for updated conservation strategies in light of new data.
Takeaway
The discovery of coral reefs covering a larger area than previously known underscores the importance of global efforts in marine conservation and the need to address environmental challenges threatening these vital ecosystems.
Potential Outcomes
Increased funding and international cooperation for coral reef conservation (High Probability). This outcome is based on the assumption that the revelation of coral reefs' larger area will draw more attention and resources to their preservation.
* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy
of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions,
you should consult a financial expert before engaging in any transaction.
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