Btc Digital Stock Market Value
| BTCT Stock | 5.80 0.30 5.45% |
| Symbol | BTC |
BTC Digital '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 BTC Digital's stock 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 BTC Digital.
| 04/02/2024 |
| 01/22/2026 |
If you would invest 0.00 in BTC Digital on April 2, 2024 and sell it all today you would earn a total of 0.00 from holding BTC Digital or generate 0.0% return on investment in BTC Digital over 660 days. BTC Digital is related to or competes with Brompton Lifeco, Canadian Life, Dividend Select, Cathedra Bitcoin, Real Estate, Sustainable Power, and TDb Split. BTC Digital is entity of Canada. It is traded as Stock on V exchange. More
BTC Digital 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 BTC Digital's stock 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 BTC Digital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 23.59 | |||
| Value At Risk | (6.84) | |||
| Potential Upside | 7.27 |
BTC Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTC Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BTC Digital's standard deviation. In reality, there are many statistical measures that can use BTC Digital historical prices to predict the future BTC Digital's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BTC Digital'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.
BTC Digital Backtested Returns
BTC Digital retains Efficiency (Sharpe Ratio) of -0.0759, which signifies that the company had a -0.0759 % return per unit of risk over the last 3 months. BTC Digital exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BTC Digital's market risk adjusted performance of (0.27), and Variance of 20.04 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.0, which signifies possible diversification benefits within a given portfolio. BTC Digital returns are very sensitive to returns on the market. As the market goes up or down, BTC Digital is expected to follow. At this point, BTC Digital has a negative expected return of -0.31%. Please make sure to confirm BTC Digital's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if BTC Digital performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
BTC Digital has no correlation between past and present. Overlapping area represents the amount of predictability between BTC Digital time series from 2nd of April 2024 to 26th of February 2025 and 26th of February 2025 to 22nd 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 BTC Digital price movement. The serial correlation of 0.0 indicates that just 0.0% of current BTC Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BTC Digital lagged returns against current returns
Autocorrelation, which is BTC Digital stock'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 BTC Digital's stock expected returns. We can calculate the autocorrelation of BTC Digital returns to help us make a trade decision. For example, suppose you find that BTC Digital has exhibited high autocorrelation historically, and you observe that the stock 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 |
BTC Digital 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 BTC Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BTC Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BTC Digital stock over time.
Current vs Lagged Prices |
| Timeline |
BTC Digital Lagged Returns
When evaluating BTC Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BTC Digital stock have on its future price. BTC Digital 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, BTC Digital autocorrelation shows the relationship between BTC Digital stock current value and its past values and can show if there is a momentum factor associated with investing in BTC Digital.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BTC Stock Analysis
When running BTC Digital's price analysis, check to measure BTC Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BTC Digital is operating at the current time. Most of BTC Digital's value examination focuses on studying past and present price action to predict the probability of BTC Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTC Digital's price. Additionally, you may evaluate how the addition of BTC Digital to your portfolios can decrease your overall portfolio volatility.