TRON Market Value

TRX -  USA Crypto  

USD 0.06  0.0004  0.71%

TRON's market value is the price at which a share of TRON stock trades on a public exchange. It measures the collective expectations of TRON investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of TRON and determine expected loss or profit from investing in TRON over a given investment horizon. Additionally, take a look at Bitcoin Browser, TRON Correlation, Portfolio Optimization, TRON Volatility, as well as analyze Investing Opportunities and TRON Performance.
Symbol
Backtest


Please note, there is a significant difference between TRON's value and its price as these two are different measures arrived at by different means. Investors typically determine TRON value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

TRON '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 TRON'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 TRON.
0.00
07/07/2020
No Change 0.00  0.0 
In 1 year 6 months and 24 days
01/28/2022
0.00
If you would invest  0.00  in TRON on July 7, 2020 and sell it all today you would earn a total of 0.00 from holding TRON or generate 0.0% return on investment in TRON over 570 days. TRON is related to or competes with Tether, XRP, USD Coin, Terra, Solana, Avalanche, and Polkadot. TRON is peer-to-peer digital currency powered by the Blockchain technology.

TRON 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 TRON'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 TRON upside and downside potential and time the market with a certain degree of confidence.

TRON Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TRON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRON's standard deviation. In reality, there are many statistical measures that can use TRON historical prices to predict the future TRON's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of TRON'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 TRON in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.064.07
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.054.06
Details
Naive
Forecast
LowNext ValueHigh
0.0011080.064.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.060.060.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TRON. Your research has to be compared to or analyzed against TRON's peers to derive any actionable benefits. When done correctly, TRON's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in TRON.

TRON Backtested Returns

TRON owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.24, which indicates digital coin had -0.24% of return per unit of standard deviation over the last 3 months. Macroaxis standpoint towards measuring 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. TRON exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate TRON risk adjusted performance of (0.14), and Coefficient Of Variation of (546.40) to confirm the risk estimate we provide.
The entity has a beta of 0.2898, which indicates not very significant fluctuations relative to the market. Let's try to break down what TRON's beta means in this case. As returns on the market increase, TRON returns are expected to increase less than the market. However, during the bear market, the loss on holding TRON will be expected to be smaller as well. Even though it is essential to pay attention to TRON current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring 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. TRON exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.00   

No correlation between past and present

TRON has no correlation between past and present. Overlapping area represents the amount of predictability between TRON time series from 7th of July 2020 to 18th of April 2021 and 18th of April 2021 to 28th of January 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TRON price movement. The serial correlation of 0.0 indicates that just 0.0% of current TRON price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

TRON lagged returns against current returns

Autocorrelation, which is TRON 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 TRON's crypto coin expected returns. We can calculate the autocorrelation of TRON returns to help us make a trade decision. For example, suppose you find that TRON 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 
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      Timeline 

TRON 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 TRON crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRON crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRON crypto coin over time.
 Current vs Lagged Prices 
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      Timeline 

TRON Lagged Returns

When evaluating TRON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRON crypto coin have on its future price. TRON 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, TRON autocorrelation shows the relationship between TRON crypto coin current value and its past values and can show if there is a momentum factor associated with investing in TRON.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in TRON without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Bitcoin Browser, TRON Correlation, Portfolio Optimization, TRON Volatility, as well as analyze Investing Opportunities and TRON Performance. Note that the TRON information on this page should be used as a complementary analysis to other TRON'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for TRON Crypto Coin

When running TRON price analysis, check to measure TRON's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TRON is operating at the current time. Most of TRON's value examination focuses on studying past and present price action to predict the probability of TRON's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move TRON's price. Additionally, you may evaluate how the addition of TRON to your portfolios can decrease your overall portfolio volatility.
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