Dai Technical Analysis
| DAI Crypto | USD 1.00 0.00 0.00% |
As of the 19th of April, Dai shows the Standard Deviation of 0.1763, mean deviation of 0.0306, and Variance of 0.0311. Dai technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for eleven technical drivers for Dai, which can be compared to its peers. Please confirm Dai standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Dai is priced favorably, providing market reflects its regular price of 1.0 per share.
Dai Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dai, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DaiDai |
Dai 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.
Dai Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Dai volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dai Trend Analysis
Use this graph to draw trend lines for Dai. You can use it to identify possible trend reversals for Dai as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Dai price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dai Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dai applied against its price change over selected period. The best fit line has a slop of 0.000013 , which means Dai will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Dai price change compared to its average price change.About Dai Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Dai on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Dai based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on Dai price pattern first instead of the macroeconomic environment surrounding Dai. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of Dai's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to Dai specific price patterns or momentum indicators.
Dai April 19, 2024 Technical Indicators
Most technical analysis of Dai help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dai from various momentum indicators to cycle indicators. When you analyze Dai charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.1) | |||
| Mean Deviation | 0.0306 | |||
| Coefficient Of Variation | 115194.33 | |||
| Standard Deviation | 0.1763 | |||
| Variance | 0.0311 | |||
| Information Ratio | (0.39) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 1.01 | |||
| Skewness | 0.0859 | |||
| Kurtosis | 32.5 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dai. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.