USD Coin Market Value
| USDC Crypto | USD 1.00 0.00 0.00% |
| Symbol | USD |
USD Coin '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 USD Coin'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 USD Coin.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in USD Coin on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding USD Coin or generate 0.0% return on investment in USD Coin over 30 days. USD Coin is related to or competes with Solana, XRP, Open Network, Staked Ether, Ethena, Avalanche, and Chainlink. USD Coin is peer-to-peer digital currency powered by the Blockchain technology.
USD Coin 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 USD Coin'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 USD Coin upside and downside potential and time the market with a certain degree of confidence.
USD Coin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USD Coin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USD Coin's standard deviation. In reality, there are many statistical measures that can use USD Coin historical prices to predict the future USD Coin's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of USD Coin'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.
USD Coin Backtested Returns
We have found three technical indicators for USD Coin, which you can use to evaluate the volatility of coin. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and USD Coin are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
USD Coin has no correlation between past and present. Overlapping area represents the amount of predictability between USD Coin time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 USD Coin price movement. The serial correlation of 0.0 indicates that just 0.0% of current USD Coin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
USD Coin lagged returns against current returns
Autocorrelation, which is USD Coin 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 USD Coin's crypto coin expected returns. We can calculate the autocorrelation of USD Coin returns to help us make a trade decision. For example, suppose you find that USD Coin 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 |
USD Coin 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 USD Coin crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USD Coin crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USD Coin crypto coin over time.
Current vs Lagged Prices |
| Timeline |
USD Coin Lagged Returns
When evaluating USD Coin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USD Coin crypto coin have on its future price. USD Coin 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, USD Coin autocorrelation shows the relationship between USD Coin crypto coin current value and its past values and can show if there is a momentum factor associated with investing in USD Coin.
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 USD Coin 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.
Also Currently Popular
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.When determining whether USD Coin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USD Coin'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 Usd Coin Crypto.Check out USD Coin Correlation, USD Coin Volatility and Investing Opportunities module to complement your research on USD Coin. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
USD Coin 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.