1inch Market Value
| 1INCH Crypto | USD 0.44 0.02 4.76% |
| Symbol | 1inch |
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.
| 03/23/2024 |
| 04/22/2024 |
If you would invest 0.00 in 1inch on March 23, 2024 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 30 days. 1inch is related to or competes with Solana, XRP, Open Network, Staked Ether, Ethena, Avalanche, and Chainlink. 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.
| Downside Deviation | 7.54 | |||
| Information Ratio | 0.028 | |||
| Maximum Drawdown | 37.27 | |||
| Value At Risk | (11.48) | |||
| Potential Upside | 7.89 |
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.| Risk Adjusted Performance | 0.0347 | |||
| Jensen Alpha | 0.1247 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0225 | |||
| Treynor Ratio | 0.1532 |
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.
1inch Backtested Returns
1inch appears to be unusually risky, given 3 months investment horizon. 1inch secures Sharpe Ratio (or Efficiency) of 0.0677, which signifies that digital coin had a 0.0677% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for 1inch, which you can use to evaluate the volatility of coin. Please makes use of 1inch's mean deviation of 4.37, and Risk Adjusted Performance of 0.0347 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of 1.6, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 1inch will likely underperform.
Auto-correlation | 0.61 |
Good predictability
1inch has good predictability. Overlapping area represents the amount of predictability between 1inch time series from 23rd of March 2024 to 7th of April 2024 and 7th of April 2024 to 22nd of April 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 0.61 indicates that roughly 61.0% of current 1inch price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
| Timeline |
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 |
| Timeline |
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 |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out 1inch Correlation, 1inch Volatility and Investing Opportunities module to complement your research on 1inch. Note that the 1inch information on this page should be used as a complementary analysis to other 1inch's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.