Catizen Market Value
| CATI Crypto | USD 0.58 0.01 1.69% |
| Symbol | Catizen |
Catizen '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 Catizen'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 Catizen.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Catizen on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Catizen or generate 0.0% return on investment in Catizen over 720 days. Catizen is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. Catizen is peer-to-peer digital currency powered by the Blockchain technology.
Catizen 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 Catizen'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 Catizen upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.75 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 45.53 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 16.67 |
Catizen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Catizen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Catizen's standard deviation. In reality, there are many statistical measures that can use Catizen historical prices to predict the future Catizen's volatility.| Risk Adjusted Performance | 0.0778 | |||
| Jensen Alpha | 0.6901 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.06 | |||
| Treynor Ratio | 7.52 |
Catizen Backtested Returns
Catizen is abnormally risky given 3 months investment horizon. Catizen secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that digital coin had a 0.13% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 16.11% are justified by taking the suggested risk. Use Catizen Downside Deviation of 9.75, risk adjusted performance of 0.0778, and Mean Deviation of 4.23 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 0.0932, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Catizen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Catizen is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Catizen has no correlation between past and present. Overlapping area represents the amount of predictability between Catizen time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Catizen price movement. The serial correlation of 0.0 indicates that just 0.0% of current Catizen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Catizen lagged returns against current returns
Autocorrelation, which is Catizen 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 Catizen's crypto coin expected returns. We can calculate the autocorrelation of Catizen returns to help us make a trade decision. For example, suppose you find that Catizen 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 |
Catizen 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 Catizen crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Catizen crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Catizen crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Catizen Lagged Returns
When evaluating Catizen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Catizen crypto coin have on its future price. Catizen 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, Catizen autocorrelation shows the relationship between Catizen crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Catizen.
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 Catizen offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Catizen'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 Catizen Crypto.Check out Catizen Correlation, Catizen Volatility and Investing Opportunities module to complement your research on Catizen. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Catizen 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.