DCN Market Value
| DCN Crypto | USD 0.000001 0.00 0.00% |
| Symbol | DCN |
DCN '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 DCN'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 DCN.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in DCN on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding DCN or generate 0.0% return on investment in DCN over 720 days. DCN is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. DCN is peer-to-peer digital currency powered by the Blockchain technology.
DCN 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 DCN'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 DCN upside and downside potential and time the market with a certain degree of confidence.
DCN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DCN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DCN's standard deviation. In reality, there are many statistical measures that can use DCN historical prices to predict the future DCN's volatility.DCN Backtested Returns
We have found one technical indicators for DCN, which you can use to evaluate the volatility of coin. The entity shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and DCN are completely uncorrelated.
Auto-correlation | -0.02 |
Very weak reverse predictability
DCN has very weak reverse predictability. Overlapping area represents the amount of predictability between DCN 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 DCN price movement. The serial correlation of -0.02 indicates that only 2.0% of current DCN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DCN lagged returns against current returns
Autocorrelation, which is DCN 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 DCN's crypto coin expected returns. We can calculate the autocorrelation of DCN returns to help us make a trade decision. For example, suppose you find that DCN 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 |
DCN 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 DCN crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DCN crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DCN crypto coin over time.
Current vs Lagged Prices |
| Timeline |
DCN Lagged Returns
When evaluating DCN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DCN crypto coin have on its future price. DCN 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, DCN autocorrelation shows the relationship between DCN crypto coin current value and its past values and can show if there is a momentum factor associated with investing in DCN.
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 DCN offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DCN'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 Dcn Crypto.Check out DCN Correlation, DCN Volatility and Investing Opportunities module to complement your research on DCN. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
DCN 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.