1inch Market Value

1INCH Crypto  USD 0.41  0.01  2.50%   
1inch's market value is the price at which a share of 1inch trades on a public exchange. It measures the collective expectations of 1inch investors about its performance. 1inch is trading at 0.41 as of the 25th of June 2024, a 2.50 percent up since the beginning of the trading day. With this module, you can estimate the performance of a buy and hold strategy of 1inch and determine expected loss or profit from investing in 1inch over a given investment horizon. Check out 1inch Correlation, 1inch Volatility and Investing Opportunities module to complement your research on 1inch.

Please note, there is a significant difference between 1inch's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine 1inch value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, 1inch's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.

1inch 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to 1inch's crypto coin what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of 1inch.
No Change 0.00  0.0 
In 1 year 11 months and 22 days
If you would invest  0.00  in 1inch on July 6, 2022 and sell it all today you would earn a total of 0.00 from holding 1inch or generate 0.0% return on investment in 1inch over 720 days. 1inch is related to or competes with Solana, XRP, Open Network, Staked Ether, Chainlink, Ondo, and Avalanche. 1inch is peer-to-peer digital currency powered by the Blockchain technology.

1inch Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure 1inch's crypto coin current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess 1inch upside and downside potential and time the market with a certain degree of confidence.

1inch Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 1inch's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1inch's standard deviation. In reality, there are many statistical measures that can use 1inch historical prices to predict the future 1inch's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 1inch'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 note, it is not enough to conduct a financial or market analysis of a single entity such as 1inch. Your research has to be compared to or analyzed against 1inch's peers to derive any actionable benefits. When done correctly, 1inch's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 1inch.

1inch Backtested Returns

1inch secures Sharpe Ratio (or Efficiency) of -0.0205, which signifies that digital coin had a -0.0205% return per unit of volatility over the last 3 months. 1inch exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 1inch's mean deviation of 4.12, and Risk Adjusted Performance of 0.0317 to double-check the risk estimate we provide. The crypto shows a Beta (market volatility) of -0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 1inch are expected to decrease at a much lower rate. During the bear market, 1inch is likely to outperform the market.



Good predictability

1inch has good predictability. Overlapping area represents the amount of predictability between 1inch time series from 6th of July 2022 to 1st of July 2023 and 1st of July 2023 to 25th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 1inch price movement. The serial correlation of 0.74 indicates that around 74.0% of current 1inch price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.0

1inch lagged returns against current returns

Autocorrelation, which is 1inch crypto coin's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting 1inch's crypto coin expected returns. We can calculate the autocorrelation of 1inch returns to help us make a trade decision. For example, suppose you find that 1inch has exhibited high autocorrelation historically, and you observe that the crypto coin is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   

1inch regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If 1inch crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1inch crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1inch crypto coin over time.
   Current vs Lagged Prices   

1inch Lagged Returns

When evaluating 1inch's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1inch crypto coin have on its future price. 1inch autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, 1inch autocorrelation shows the relationship between 1inch crypto coin current value and its past values and can show if there is a momentum factor associated with investing in 1inch.
   Regressed Prices   

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in 1inch Crypto Coin

When determining whether 1inch offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 1inch's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 1inch Crypto.
Check out 1inch Correlation, 1inch Volatility and Investing Opportunities module to complement your research on 1inch.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
1inch technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.
A focus of 1inch technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 1inch trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...