1WO Market Value
| 1WO Crypto | USD 0.09 0.0019 2.02% |
| Symbol | 1WO |
1WO '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 1WO'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 1WO.
| 08/22/2023 |
| 09/21/2023 |
If you would invest 0.00 in 1WO on August 22, 2023 and sell it all today you would earn a total of 0.00 from holding 1WO or generate 0.0% return on investment in 1WO over 30 days. 1WO is related to or competes with XRP, Staked Ether, Solana, OKB, Arbitrum, Chainlink, and Optimism. 1WO is peer-to-peer digital currency powered by the Blockchain technology.
1WO 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 1WO'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 1WO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.009994) | |||
| Maximum Drawdown | 19.09 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
1WO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1WO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1WO's standard deviation. In reality, there are many statistical measures that can use 1WO historical prices to predict the future 1WO's volatility.| Risk Adjusted Performance | 0.0038 | |||
| Jensen Alpha | (0.038507) | |||
| Total Risk Alpha | (0.025271) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of 1WO'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 use the tools below to analyze the current value of 1WO in the context of predictive analytics.
1WO Backtested Returns
1WO secures Sharpe Ratio (or Efficiency) of -0.053, which signifies that digital coin had -0.053% of return per unit of price deviation over the last 3 months. Our viewpoint regarding foreseeing the risk of any crypto is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. 1WO exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm 1WO Mean Deviation of 1.74, variance of 13.52, and Risk Adjusted Performance of 0.0038 to double-check the risk estimate we provide. The crypto shows a Beta (market volatility) of 0.185, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 1WO returns are expected to increase less than the market. However, during the bear market, the loss on holding 1WO will be expected to be smaller as well. Even though it is essential to pay attention to 1WO historical returns, it is always good to be careful when utilizing equity current trending patterns. Our way of foreseeing any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. 1WO exposes twenty-two different technical indicators, which can help you to evaluate its performance.
Auto-correlation | -0.24 |
Weak reverse predictability
1WO has weak reverse predictability. Overlapping area represents the amount of predictability between 1WO time series from 22nd of August 2023 to 6th of September 2023 and 6th of September 2023 to 21st of September 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 1WO price movement. The serial correlation of -0.24 indicates that over 24.0% of current 1WO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
1WO lagged returns against current returns
Autocorrelation, which is 1WO 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 1WO's crypto coin expected returns. We can calculate the autocorrelation of 1WO returns to help us make a trade decision. For example, suppose you find that 1WO crypto coin has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
1WO 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 1WO crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1WO crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1WO crypto coin over time.
Current vs Lagged Prices |
| Timeline |
1WO Lagged Returns
When evaluating 1WO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1WO crypto coin have on its future price. 1WO 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, 1WO autocorrelation shows the relationship between 1WO crypto coin current value and its past values and can show if there is a momentum factor associated with investing in 1WO.
Regressed Prices |
| Timeline |
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 1WO in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.
Thematic Opportunities
Explore Investment Opportunities
Check out 1WO Correlation, 1WO Volatility and Investing Opportunities module to complement your research on 1WO. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for 1WO Crypto Coin analysis
When running 1WO's price analysis, check to measure 1WO's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy 1WO is operating at the current time. Most of 1WO's value examination focuses on studying past and present price actions to predict the probability of 1WO's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move 1WO's coin price. Additionally, you may evaluate how adding 1WO to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
1WO 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.