BTM Market Value
| BTM Crypto | USD 0.01 0.0002 3.62% |
| Symbol | BTM |
BTM '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 BTM'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 BTM.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in BTM on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding BTM or generate 0.0% return on investment in BTM over 720 days. BTM is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. BTM is peer-to-peer digital currency powered by the Blockchain technology.
BTM 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 BTM'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 BTM upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 26.17 | |||
| Value At Risk | (5.79) | |||
| Potential Upside | 5.25 |
BTM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BTM's standard deviation. In reality, there are many statistical measures that can use BTM historical prices to predict the future BTM's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (0.69) |
BTM Backtested Returns
BTM secures Sharpe Ratio (or Efficiency) of -0.0406, which signifies that digital coin had a -0.0406% return per unit of return volatility over the last 3 months. BTM exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BTM's Coefficient Of Variation of (2,277), mean deviation of 2.93, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The crypto shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BTM's returns are expected to increase less than the market. However, during the bear market, the loss of holding BTM is expected to be smaller as well.
Auto-correlation | -0.66 |
Very good reverse predictability
BTM has very good reverse predictability. Overlapping area represents the amount of predictability between BTM 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 BTM price movement. The serial correlation of -0.66 indicates that around 66.0% of current BTM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BTM lagged returns against current returns
Autocorrelation, which is BTM 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 BTM's crypto coin expected returns. We can calculate the autocorrelation of BTM returns to help us make a trade decision. For example, suppose you find that BTM 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 |
BTM 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 BTM crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BTM crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BTM crypto coin over time.
Current vs Lagged Prices |
| Timeline |
BTM Lagged Returns
When evaluating BTM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BTM crypto coin have on its future price. BTM 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, BTM autocorrelation shows the relationship between BTM crypto coin current value and its past values and can show if there is a momentum factor associated with investing in BTM.
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 BTM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BTM'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 Btm Crypto.Check out BTM Correlation, BTM Volatility and Investing Opportunities module to complement your research on BTM. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
BTM 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.