XRP Market Value

XRP -  USA Crypto  

USD 0.78  0.01  1.30%

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


Please note, there is a significant difference between XRP's value and its price as these two are different measures arrived at by different means. Investors typically determine XRP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XRP'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.

XRP '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 XRP'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 XRP.
0.00
11/18/2021
No Change 0.00  0.0 
In 2 months and 2 days
01/17/2022
0.00
If you would invest  0.00  in XRP on November 18, 2021 and sell it all today you would earn a total of 0.00 from holding XRP or generate 0.0% return on investment in XRP over 60 days. XRP is related to or competes with Tether, Solana, Terra, Avalanche, USD Coin, Polkadot, and Chainlink. XRP is peer-to-peer digital currency powered by the Blockchain technology.

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

XRP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for XRP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XRP's standard deviation. In reality, there are many statistical measures that can use XRP historical prices to predict the future XRP's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of XRP'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 XRP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.040.795.40
Details
Intrinsic
Valuation
LowReal ValueHigh
0.040.755.36
Details
Naive
Forecast
LowNext ValueHigh
0.0147520.745.35
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.730.780.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as XRP. Your research has to be compared to or analyzed against XRP's peers to derive any actionable benefits. When done correctly, XRP'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 XRP.

XRP Backtested Returns

XRP shows Sharpe Ratio of -0.0904, which attests that digital coin had -0.0904% of return per unit of standard deviation over the last 3 months. Macroaxis standpoint towards determining 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. XRP exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out XRP risk adjusted performance of (0.07), and Mean Deviation of 3.58 to validate the risk estimate we provide.
The entity maintains a market beta of -0.9796, which attests to possible diversification benefits within a given portfolio. Let's try to break down what XRP's beta means in this case. As the market becomes more bullish, returns on owning XRP are expected to decrease slowly. On the other hand, during market turmoil, XRP is expected to outperform it slightly. Even though it is essential to pay attention to XRP historical price patterns, it is always good to be careful when utilizing equity current price history. Our philosophy towards determining 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. XRP exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.93   

Excellent predictability

XRP has excellent predictability. Overlapping area represents the amount of predictability between XRP time series from 18th of November 2021 to 18th of December 2021 and 18th of December 2021 to 17th 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 XRP price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current XRP price fluctuation can be explain by its past prices.
Correlation Coefficient0.93
Spearman Rank Test0.79
Residual Average0.0
Price Variance0.01

XRP lagged returns against current returns

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

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

XRP Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in XRP 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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Check out Bitcoin Browser, XRP Correlation, Portfolio Optimization, XRP Volatility, as well as analyze Investing Opportunities and XRP Performance. Note that the XRP information on this page should be used as a complementary analysis to other XRP'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Tools for XRP Crypto Coin

When running XRP price analysis, check to measure XRP'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 XRP is operating at the current time. Most of XRP's value examination focuses on studying past and present price action to predict the probability of XRP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move XRP's price. Additionally, you may evaluate how the addition of XRP to your portfolios can decrease your overall portfolio volatility.
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