Cosmos Market Value
| ATOM Crypto | USD 8.23 0.67 8.86% |
| Symbol | Cosmos |
Cosmos '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 Cosmos' 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 Cosmos.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Cosmos on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Cosmos or generate 0.0% return on investment in Cosmos over 540 days. Cosmos is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Cosmos is peer-to-peer digital currency powered by the Blockchain technology.
Cosmos 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 Cosmos' 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 Cosmos upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.12 | |||
| Information Ratio | 0.1172 | |||
| Maximum Drawdown | 24.09 | |||
| Value At Risk | (9.07) | |||
| Potential Upside | 10.86 |
Cosmos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cosmos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cosmos' standard deviation. In reality, there are many statistical measures that can use Cosmos historical prices to predict the future Cosmos' volatility.| Risk Adjusted Performance | 0.1166 | |||
| Jensen Alpha | 0.7134 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.1273 | |||
| Treynor Ratio | 1.59 |
Cosmos Backtested Returns
Cosmos is extremely risky given 3 months investment horizon. Cosmos secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that digital coin had a 0.2% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use Cosmos Mean Deviation of 3.9, downside deviation of 5.12, and Risk Adjusted Performance of 0.1166 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cosmos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cosmos is expected to be smaller as well.
Auto-correlation | -0.29 |
Weak reverse predictability
Cosmos has weak reverse predictability. Overlapping area represents the amount of predictability between Cosmos time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 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 Cosmos price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Cosmos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Cosmos lagged returns against current returns
Autocorrelation, which is Cosmos 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 Cosmos' crypto coin expected returns. We can calculate the autocorrelation of Cosmos returns to help us make a trade decision. For example, suppose you find that Cosmos 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 |
Cosmos 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 Cosmos crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cosmos crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cosmos crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Cosmos Lagged Returns
When evaluating Cosmos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cosmos crypto coin have on its future price. Cosmos 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, Cosmos autocorrelation shows the relationship between Cosmos crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Cosmos.
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 Cosmos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cosmos' 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 Cosmos Crypto.Check out Cosmos Correlation, Cosmos Volatility and Investing Opportunities module to complement your research on Cosmos. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Cosmos 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.