Bless Token Market Value
| BLESS Crypto | USD 0.01 0.0002 1.68% |
| Symbol | Bless |
Bless Token '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 Bless Token'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 Bless Token.
| 01/23/2024 |
| 01/12/2026 |
If you would invest 0.00 in Bless Token on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Bless Token or generate 0.0% return on investment in Bless Token over 720 days. Bless Token is related to or competes with Staked Ether, EigenLayer, Morpho, and DIA. Bless Token is peer-to-peer digital currency powered by the Blockchain technology.
Bless Token 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 Bless Token'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 Bless Token upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 45.45 | |||
| Value At Risk | (18.06) | |||
| Potential Upside | 16.92 |
Bless Token Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bless Token's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bless Token's standard deviation. In reality, there are many statistical measures that can use Bless Token historical prices to predict the future Bless Token's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (1.48) | |||
| Total Risk Alpha | (2.53) | |||
| Treynor Ratio | (2.38) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bless Token'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.
Bless Token Backtested Returns
Bless Token is abnormally risky given 3 months investment horizon. Bless Token secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that digital coin had a 0.11 % return per unit of standard deviation over the last 3 months. We were able to break down twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.16% are justified by taking the suggested risk. Use Bless Token mean deviation of 7.45, and Risk Adjusted Performance of (0.1) to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bless Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bless Token is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Bless Token has no correlation between past and present. Overlapping area represents the amount of predictability between Bless Token time series from 23rd of January 2024 to 17th of January 2025 and 17th of January 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bless Token price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bless Token price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bless Token lagged returns against current returns
Autocorrelation, which is Bless Token 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 Bless Token's crypto coin expected returns. We can calculate the autocorrelation of Bless Token returns to help us make a trade decision. For example, suppose you find that Bless Token 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 |
Bless Token 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 Bless Token crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bless Token crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bless Token crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Bless Token Lagged Returns
When evaluating Bless Token's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bless Token crypto coin have on its future price. Bless Token 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, Bless Token autocorrelation shows the relationship between Bless Token crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Bless Token.
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 Bless Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bless Token'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 Bless Token Crypto.Check out Bless Token Correlation, Bless Token Volatility and Investing Opportunities module to complement your research on Bless Token. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Bless Token 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.