Tether Market Value
| USDT Crypto | USD 1.00 0.00 0.00% |
| Symbol | Tether |
Tether '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 Tether'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 Tether.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Tether on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Tether or generate 0.0% return on investment in Tether over 30 days. Tether is related to or competes with Solana, XRP, Staked Ether, Open Network, Avalanche, Chainlink, and Ethena. Tether is peer-to-peer digital currency powered by the Blockchain technology.
Tether 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 Tether'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 Tether upside and downside potential and time the market with a certain degree of confidence.
Tether Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tether's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tether's standard deviation. In reality, there are many statistical measures that can use Tether historical prices to predict the future Tether's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tether'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.
Tether Backtested Returns
We have found four technical indicators for Tether, which you can use to evaluate the volatility of coin. Please validate Tether's Day Typical Price of 1.0, relative strength index of 42.36, and Rate Of Daily Change of 1.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Tether are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Tether has no correlation between past and present. Overlapping area represents the amount of predictability between Tether time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Tether price movement. The serial correlation of 0.0 indicates that just 0.0% of current Tether 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 |
Tether lagged returns against current returns
Autocorrelation, which is Tether 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 Tether's crypto coin expected returns. We can calculate the autocorrelation of Tether returns to help us make a trade decision. For example, suppose you find that Tether 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 |
Tether 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 Tether crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tether crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tether crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Tether Lagged Returns
When evaluating Tether's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tether crypto coin have on its future price. Tether 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, Tether autocorrelation shows the relationship between Tether crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Tether.
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 Tether 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.
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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.When determining whether Tether offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tether'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 Tether Crypto.Check out Tether Correlation, Tether Volatility and Investing Opportunities module to complement your research on Tether. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Tether 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.