Staked Ether Market Value
| STETH Crypto | USD 3,278 106.84 3.37% |
| Symbol | Staked |
Staked Ether '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 Staked Ether'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 Staked Ether.
| 04/28/2024 |
| 07/27/2024 |
If you would invest 0.00 in Staked Ether on April 28, 2024 and sell it all today you would earn a total of 0.00 from holding Staked Ether or generate 0.0% return on investment in Staked Ether over 90 days. Staked Ether is related to or competes with Solana, XRP, Open Network, Chainlink, Avalanche, TRON, and Wrapped Bitcoin. Staked Ether is peer-to-peer digital currency powered by the Blockchain technology.
Staked Ether 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 Staked Ether'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 Staked Ether upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.74 | |||
| Information Ratio | 0.1015 | |||
| Maximum Drawdown | 107.95 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 4.51 |
Staked Ether Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Staked Ether's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Staked Ether's standard deviation. In reality, there are many statistical measures that can use Staked Ether historical prices to predict the future Staked Ether's volatility.| Risk Adjusted Performance | 0.0829 | |||
| Jensen Alpha | 1.25 | |||
| Total Risk Alpha | 0.0124 | |||
| Sortino Ratio | 0.4711 | |||
| Treynor Ratio | 0.9038 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Staked Ether'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.
Staked Ether Backtested Returns
Staked Ether owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0898, which indicates digital coin had a -0.0898% return per unit of risk over the last 3 months. Staked Ether exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Staked Ether's Risk Adjusted Performance of 0.0829, semi deviation of 1.86, and Coefficient Of Variation of 926.07 to confirm the risk estimate we provide. The entity has a beta of 1.51, which indicates 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, Staked Ether will likely underperform.
Auto-correlation | 0.68 |
Good predictability
Staked Ether has good predictability. Overlapping area represents the amount of predictability between Staked Ether time series from 28th of April 2024 to 12th of June 2024 and 12th of June 2024 to 27th of July 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 Staked Ether price movement. The serial correlation of 0.68 indicates that around 68.0% of current Staked Ether price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 7196.06 |
Staked Ether lagged returns against current returns
Autocorrelation, which is Staked Ether 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 Staked Ether's crypto coin expected returns. We can calculate the autocorrelation of Staked Ether returns to help us make a trade decision. For example, suppose you find that Staked Ether 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 |
Staked Ether 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 Staked Ether crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Staked Ether crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Staked Ether crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Staked Ether Lagged Returns
When evaluating Staked Ether's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Staked Ether crypto coin have on its future price. Staked Ether 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, Staked Ether autocorrelation shows the relationship between Staked Ether crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Staked Ether.
Regressed Prices |
| Timeline |
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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 Staked Crypto Coin
When determining whether Staked Ether offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Staked Ether'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 Staked Ether Crypto.Check out Staked Ether Correlation, Staked Ether Volatility and Investing Opportunities module to complement your research on Staked Ether. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Staked Ether 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.