YAM Market Value
| YAM Crypto | USD 0.09 0 1.97% |
| Symbol | YAM |
YAM '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 YAM'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 YAM.
| 03/30/2024 |
| 04/29/2024 |
If you would invest 0.00 in YAM on March 30, 2024 and sell it all today you would earn a total of 0.00 from holding YAM or generate 0.0% return on investment in YAM over 30 days. YAM is related to or competes with Solana, XRP, Staked Ether, Open Network, Avalanche, Chainlink, and Ethena. YAM is peer-to-peer digital currency powered by the Blockchain technology.
YAM 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 YAM'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 YAM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.83 | |||
| Information Ratio | 0.0159 | |||
| Maximum Drawdown | 37.83 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
YAM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YAM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YAM's standard deviation. In reality, there are many statistical measures that can use YAM historical prices to predict the future YAM's volatility.| Risk Adjusted Performance | 0.0264 | |||
| Jensen Alpha | 0.0989 | |||
| Total Risk Alpha | (0.76) | |||
| Sortino Ratio | 0.0122 | |||
| Treynor Ratio | 0.1569 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of YAM'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.
YAM Backtested Returns
We consider YAM unreasonably risky. YAM shows Sharpe Ratio of 0.0029, which attests that digital coin had a 0.0029% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for YAM, which you can use to evaluate the volatility of coin. Please check out YAM's Risk Adjusted Performance of 0.0264, mean deviation of 4.97, and Downside Deviation of 9.83 to validate if the risk estimate we provide is consistent with the expected return of 0.0217%. The entity maintains a market beta of 1.27, which attests to 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, YAM will likely underperform.
Auto-correlation | 0.01 |
Virtually no predictability
YAM has virtually no predictability. Overlapping area represents the amount of predictability between YAM time series from 30th of March 2024 to 14th of April 2024 and 14th of April 2024 to 29th 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 YAM price movement. The serial correlation of 0.01 indicates that just 1.0% of current YAM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
YAM lagged returns against current returns
Autocorrelation, which is YAM 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 YAM's crypto coin expected returns. We can calculate the autocorrelation of YAM returns to help us make a trade decision. For example, suppose you find that YAM 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 |
YAM 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 YAM crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YAM crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YAM crypto coin over time.
Current vs Lagged Prices |
| Timeline |
YAM Lagged Returns
When evaluating YAM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YAM crypto coin have on its future price. YAM 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, YAM autocorrelation shows the relationship between YAM crypto coin current value and its past values and can show if there is a momentum factor associated with investing in YAM.
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 YAM 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 YAM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YAM'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 Yam Crypto.Check out YAM Correlation, YAM Volatility and Investing Opportunities module to complement your research on YAM. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
YAM 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.