BTT Market Value
BTT Crypto | USD 0.000001 0.00 0.00% |
Symbol | BTT |
BTT '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 BTT'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 BTT.
02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in BTT on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding BTT or generate 0.0% return on investment in BTT over 660 days. BTT is related to or competes with TRON, EOS, Tezos, Terra, Aelf, Lisk, and STEEMD. BTT is peer-to-peer digital currency powered by the Blockchain technology.
BTT 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 BTT'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 BTT upside and downside potential and time the market with a certain degree of confidence.
BTT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BTT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BTT's standard deviation. In reality, there are many statistical measures that can use BTT historical prices to predict the future BTT's volatility.BTT Backtested Returns
We have found one technical indicators for BTT, which you can use to evaluate the volatility of coin. The crypto shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BTT are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
BTT has no correlation between past and present. Overlapping area represents the amount of predictability between BTT time series from 4th of February 2023 to 31st of December 2023 and 31st 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 BTT price movement. The serial correlation of 0.0 indicates that just 0.0% of current BTT price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 0.03 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
BTT lagged returns against current returns
Autocorrelation, which is BTT 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 BTT's crypto coin expected returns. We can calculate the autocorrelation of BTT returns to help us make a trade decision. For example, suppose you find that BTT 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 |
BTT 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 BTT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BTT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BTT crypto coin over time.
Current vs Lagged Prices |
Timeline |
BTT Lagged Returns
When evaluating BTT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BTT crypto coin have on its future price. BTT 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, BTT autocorrelation shows the relationship between BTT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in BTT.
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 BTT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BTT'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 Btt Crypto.Check out BTT Correlation, BTT Volatility and Investing Opportunities module to complement your research on BTT. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
BTT 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.