Hedera Hashgraph Market Value
| HBAR Crypto | USD 0.16 0.04 33.33% |
| Symbol | Hedera |
Hedera Hashgraph '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 Hedera Hashgraph'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 Hedera Hashgraph.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Hedera Hashgraph on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Hedera Hashgraph or generate 0.0% return on investment in Hedera Hashgraph over 30 days. Hedera Hashgraph is related to or competes with Ethereum, Solana, XRP, Staked Ether, Open Network, Cardano, and Avalanche. Hedera Hashgraph is peer-to-peer digital currency powered by the Blockchain technology.
Hedera Hashgraph 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 Hedera Hashgraph'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 Hedera Hashgraph upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.28 | |||
| Information Ratio | 0.138 | |||
| Maximum Drawdown | 43.65 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 18.18 |
Hedera Hashgraph Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hedera Hashgraph's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hedera Hashgraph's standard deviation. In reality, there are many statistical measures that can use Hedera Hashgraph historical prices to predict the future Hedera Hashgraph's volatility.| Risk Adjusted Performance | 0.1002 | |||
| Jensen Alpha | 1.46 | |||
| Total Risk Alpha | 0.0999 | |||
| Sortino Ratio | 0.2407 | |||
| Treynor Ratio | 0.4117 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hedera Hashgraph'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.
Hedera Hashgraph Backtested Returns
Hedera Hashgraph is abnormally risky given 3 months investment horizon. Hedera Hashgraph holds Efficiency (Sharpe) Ratio of 0.14, which attests that digital coin had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.95% are justified by taking the suggested risk. Use Hedera Hashgraph Risk Adjusted Performance of 0.1002, market risk adjusted performance of 0.4217, and Downside Deviation of 7.28 to evaluate coin specific risk that cannot be diversified away. The crypto retains a Market Volatility (i.e., Beta) of 4.46, which attests to 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, Hedera Hashgraph will likely underperform.
Auto-correlation | -0.23 |
Weak reverse predictability
Hedera Hashgraph has weak reverse predictability. Overlapping area represents the amount of predictability between Hedera Hashgraph time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Hedera Hashgraph price movement. The serial correlation of -0.23 indicates that over 23.0% of current Hedera Hashgraph price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hedera Hashgraph lagged returns against current returns
Autocorrelation, which is Hedera Hashgraph 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 Hedera Hashgraph's crypto coin expected returns. We can calculate the autocorrelation of Hedera Hashgraph returns to help us make a trade decision. For example, suppose you find that Hedera Hashgraph 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 |
Hedera Hashgraph 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 Hedera Hashgraph crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hedera Hashgraph crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hedera Hashgraph crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Hedera Hashgraph Lagged Returns
When evaluating Hedera Hashgraph's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hedera Hashgraph crypto coin have on its future price. Hedera Hashgraph 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, Hedera Hashgraph autocorrelation shows the relationship between Hedera Hashgraph crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Hedera Hashgraph.
Regressed Prices |
| Timeline |
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Hedera Hashgraph 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.