CMT Market Value
| CMT Crypto | USD 0.01 0.000033 0.42% |
| Symbol | CMT |
CMT '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 CMT'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 CMT.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in CMT on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding CMT or generate 0.0% return on investment in CMT over 390 days. CMT is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and Avalanche. CMT is peer-to-peer digital currency powered by the Blockchain technology.
CMT 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 CMT'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 CMT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.71 | |||
| Information Ratio | 0.1654 | |||
| Maximum Drawdown | 18.26 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 6.42 |
CMT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMT's standard deviation. In reality, there are many statistical measures that can use CMT historical prices to predict the future CMT's volatility.| Risk Adjusted Performance | 0.1643 | |||
| Jensen Alpha | 0.6277 | |||
| Total Risk Alpha | 0.1473 | |||
| Sortino Ratio | 0.2054 | |||
| Treynor Ratio | 1.64 |
CMT Backtested Returns
CMT appears to be very volatile, given 3 months investment horizon. CMT secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that digital coin had a 0.25% return per unit of volatility over the last 3 months. By analyzing CMT's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of CMT's mean deviation of 2.18, and Risk Adjusted Performance of 0.1643 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CMT's returns are expected to increase less than the market. However, during the bear market, the loss of holding CMT is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
CMT has no correlation between past and present. Overlapping area represents the amount of predictability between CMT time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 CMT price movement. The serial correlation of 0.0 indicates that just 0.0% of current CMT 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 |
CMT lagged returns against current returns
Autocorrelation, which is CMT 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 CMT's crypto coin expected returns. We can calculate the autocorrelation of CMT returns to help us make a trade decision. For example, suppose you find that CMT 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 |
CMT 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 CMT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
CMT Lagged Returns
When evaluating CMT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMT crypto coin have on its future price. CMT 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, CMT autocorrelation shows the relationship between CMT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in CMT.
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 CMT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CMT'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 Cmt Crypto.Check out CMT Correlation, CMT Volatility and Investing Opportunities module to complement your research on CMT. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
CMT 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.