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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.
* 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:
The james webb space telescope detected water vapor around a comet in the main asteroid belt, marking the first known instance of such a discovery [Engadget].
This evidence supports the idea that comets can preserve water ice relatively close to the Sun, despite previous assumptions that comets only reside in the Kuiper Belt or Oort Cloud [Engadget].
May 27, 2023
Perspectives
Scientific implications
The discovery provides evidence of water preservation in the main asteroid belt, expanding our understanding of comet compositions [Engadget]
Future missions
The finding could lead to sample collection missions targeting main belt comets to learn more about their properties and the history of water distribution in the solar system [Engadget].
Q&A
What significance does the discovery of water vapor around a main belt comet have?
It reveals that comets can preserve water ice relatively close to the Sun, expanding our understanding of comet compositions and the history of water distribution in the solar system [Engadget].
The source, Engadget, provides a balanced account of the discovery made by the james webb space telescope, conveying the scientific implications and potential future missions related to the finding [Engadget].
Context
Comets were previously thought to only reside in distant regions, like the Kuiper Belt or Oort Cloud. The discovery on a main belt comet challenges these assumptions.
Takeaway
Webb's discovery of water on a main belt comet expands our knowledge about water preservation and comet compositions in the solar system.
Potential Outcomes
1. Further observations to determine if the lack of CO2 found in Read's comet is a shared characteristic among other main belt comets [Engadget].
2. Potential sample collection missions targeting main belt comets to learn more about their properties and the history of water distribution in the solar system [Engadget].
* 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.