Sleepless Market Value
| AI Crypto | USD 0.56 0.02 3.70% |
| Symbol | Sleepless |
Sleepless '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 Sleepless' 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 Sleepless.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Sleepless on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Sleepless or generate 0.0% return on investment in Sleepless over 660 days. Sleepless is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and Avalanche. Sleepless is peer-to-peer digital currency powered by the Blockchain technology.
Sleepless 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 Sleepless' 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 Sleepless upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.03 | |||
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 40.37 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 11.43 |
Sleepless Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sleepless' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sleepless' standard deviation. In reality, there are many statistical measures that can use Sleepless historical prices to predict the future Sleepless' volatility.| Risk Adjusted Performance | 0.045 | |||
| Jensen Alpha | 0.1485 | |||
| Total Risk Alpha | (0.81) | |||
| Sortino Ratio | 0.0296 | |||
| Treynor Ratio | 0.2203 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sleepless' 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.
Sleepless Backtested Returns
Sleepless appears to be unusually volatile, given 3 months investment horizon. Sleepless owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0947, which indicates digital coin had a 0.0947% return per unit of risk over the last 3 months. By inspecting Sleepless' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review Sleepless' Coefficient Of Variation of 2126.83, semi deviation of 6.09, and Risk Adjusted Performance of 0.045 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.49, which indicates 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, Sleepless will likely underperform.
Auto-correlation | 0.36 |
Below average predictability
Sleepless has below average predictability. Overlapping area represents the amount of predictability between Sleepless time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th of November 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 Sleepless price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Sleepless price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Sleepless lagged returns against current returns
Autocorrelation, which is Sleepless 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 Sleepless' crypto coin expected returns. We can calculate the autocorrelation of Sleepless returns to help us make a trade decision. For example, suppose you find that Sleepless 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 |
Sleepless 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 Sleepless crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sleepless crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sleepless crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Sleepless Lagged Returns
When evaluating Sleepless' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sleepless crypto coin have on its future price. Sleepless 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, Sleepless autocorrelation shows the relationship between Sleepless crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Sleepless.
Regressed Prices |
| Timeline |
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 Sleepless offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sleepless' 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 Sleepless Crypto.Check out Sleepless Correlation, Sleepless Volatility and Investing Opportunities module to complement your research on Sleepless. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Sleepless 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.