Bifrost Market Value
| BFC Crypto | USD 0.05 0 2.39% |
| Symbol | Bifrost |
Bifrost '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 Bifrost'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 Bifrost.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Bifrost on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bifrost or generate 0.0% return on investment in Bifrost over 30 days. Bifrost is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Bifrost is peer-to-peer digital currency powered by the Blockchain technology.
Bifrost 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 Bifrost'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 Bifrost upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.84 | |||
| Information Ratio | 0.0187 | |||
| Maximum Drawdown | 20.77 | |||
| Value At Risk | (5.46) | |||
| Potential Upside | 5.12 |
Bifrost Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bifrost's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bifrost's standard deviation. In reality, there are many statistical measures that can use Bifrost historical prices to predict the future Bifrost's volatility.| Risk Adjusted Performance | 0.0501 | |||
| Jensen Alpha | 0.2661 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0175 | |||
| Treynor Ratio | (0.29) |
Bifrost Backtested Returns
Bifrost appears to be very volatile, given 3 months investment horizon. Bifrost secures Sharpe Ratio (or Efficiency) of 0.0785, which signifies that digital coin had a 0.0785% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Bifrost, which you can use to evaluate the volatility of coin. Please makes use of Bifrost's mean deviation of 2.53, and Risk Adjusted Performance of 0.0501 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of -0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bifrost are expected to decrease at a much lower rate. During the bear market, Bifrost is likely to outperform the market.
Auto-correlation | 0.31 |
Below average predictability
Bifrost has below average predictability. Overlapping area represents the amount of predictability between Bifrost time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Bifrost price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Bifrost price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bifrost lagged returns against current returns
Autocorrelation, which is Bifrost 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 Bifrost's crypto coin expected returns. We can calculate the autocorrelation of Bifrost returns to help us make a trade decision. For example, suppose you find that Bifrost 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 |
Bifrost 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 Bifrost crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bifrost crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bifrost crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Bifrost Lagged Returns
When evaluating Bifrost's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bifrost crypto coin have on its future price. Bifrost 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, Bifrost autocorrelation shows the relationship between Bifrost crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Bifrost.
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 Bifrost offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bifrost'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 Bifrost Crypto.Check out Bifrost Correlation, Bifrost Volatility and Investing Opportunities module to complement your research on Bifrost. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Bifrost 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.