BNTY Market Value
| BNTY Crypto | USD 0.0002 0.000004 2.00% |
| Symbol | BNTY |
BNTY '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 BNTY'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 BNTY.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in BNTY on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding BNTY or generate 0.0% return on investment in BNTY over 720 days. BNTY is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and Avalanche. BNTY is peer-to-peer digital currency powered by the Blockchain technology.
BNTY 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 BNTY'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 BNTY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.29 | |||
| Information Ratio | 0.0215 | |||
| Maximum Drawdown | 51.93 | |||
| Value At Risk | (17.93) | |||
| Potential Upside | 20.74 |
BNTY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BNTY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BNTY's standard deviation. In reality, there are many statistical measures that can use BNTY historical prices to predict the future BNTY's volatility.| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | 0.491 | |||
| Total Risk Alpha | (1.48) | |||
| Sortino Ratio | 0.0206 | |||
| Treynor Ratio | (0.39) |
BNTY Backtested Returns
BNTY is abnormally risky given 3 months investment horizon. BNTY secures Sharpe Ratio (or Efficiency) of 0.0941, which signifies that digital coin had a 0.0941% return per unit of volatility over the last 3 months. We were able to break down twenty-six different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use BNTY mean deviation of 8.28, and Risk Adjusted Performance of 0.0343 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of -0.97, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning BNTY are expected to decrease slowly. On the other hand, during market turmoil, BNTY is expected to outperform it slightly.
Auto-correlation | 0.17 |
Very weak predictability
BNTY has very weak predictability. Overlapping area represents the amount of predictability between BNTY time series from 6th of December 2022 to 1st of December 2023 and 1st 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 BNTY price movement. The serial correlation of 0.17 indicates that over 17.0% of current BNTY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BNTY lagged returns against current returns
Autocorrelation, which is BNTY 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 BNTY's crypto coin expected returns. We can calculate the autocorrelation of BNTY returns to help us make a trade decision. For example, suppose you find that BNTY 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 |
BNTY 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 BNTY crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BNTY crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BNTY crypto coin over time.
Current vs Lagged Prices |
| Timeline |
BNTY Lagged Returns
When evaluating BNTY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BNTY crypto coin have on its future price. BNTY 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, BNTY autocorrelation shows the relationship between BNTY crypto coin current value and its past values and can show if there is a momentum factor associated with investing in BNTY.
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 BNTY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BNTY'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 Bnty Crypto.Check out BNTY Correlation, BNTY Volatility and Investing Opportunities module to complement your research on BNTY. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
BNTY 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.