Defi Technologies Stock Market Value
| DEFI Stock | 4.47 0.06 1.36% |
| Symbol | DeFi |
DeFi Technologies '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 DeFi Technologies' stock 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 DeFi Technologies.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in DeFi Technologies on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding DeFi Technologies or generate 0.0% return on investment in DeFi Technologies over 30 days. DeFi Technologies is related to or competes with BluMetric Environmental, Pace Metals, Partners Value, DIRTT Environmental, and Precious Metals. More
DeFi Technologies 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 DeFi Technologies' stock 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 DeFi Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.18 | |||
| Information Ratio | 0.149 | |||
| Maximum Drawdown | 38.6 | |||
| Value At Risk | (8.35) | |||
| Potential Upside | 11.54 |
DeFi Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DeFi Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DeFi Technologies' standard deviation. In reality, there are many statistical measures that can use DeFi Technologies historical prices to predict the future DeFi Technologies' volatility.| Risk Adjusted Performance | 0.1388 | |||
| Jensen Alpha | 1.1 | |||
| Total Risk Alpha | 0.8756 | |||
| Sortino Ratio | 0.174 | |||
| Treynor Ratio | (10.69) |
DeFi Technologies Backtested Returns
DeFi Technologies is very risky given 3 months investment horizon. DeFi Technologies secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15 % return per unit of return volatility over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use DeFi Technologies downside deviation of 6.18, and Mean Deviation of 5.68 to evaluate company specific risk that cannot be diversified away. DeFi Technologies holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DeFi Technologies are expected to decrease at a much lower rate. During the bear market, DeFi Technologies is likely to outperform the market. Use DeFi Technologies coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on DeFi Technologies.
Auto-correlation | 0.55 |
Modest predictability
DeFi Technologies has modest predictability. Overlapping area represents the amount of predictability between DeFi Technologies time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DeFi Technologies price movement. The serial correlation of 0.55 indicates that about 55.0% of current DeFi Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
DeFi Technologies lagged returns against current returns
Autocorrelation, which is DeFi Technologies stock'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 DeFi Technologies' stock expected returns. We can calculate the autocorrelation of DeFi Technologies returns to help us make a trade decision. For example, suppose you find that DeFi Technologies has exhibited high autocorrelation historically, and you observe that the stock 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 |
DeFi Technologies 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 DeFi Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DeFi Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DeFi Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
DeFi Technologies Lagged Returns
When evaluating DeFi Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DeFi Technologies stock have on its future price. DeFi Technologies 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, DeFi Technologies autocorrelation shows the relationship between DeFi Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in DeFi Technologies.
Regressed Prices |
| Timeline |
Pair Trading with DeFi Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DeFi Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DeFi Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with DeFi Stock
Moving against DeFi Stock
The ability to find closely correlated positions to DeFi Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DeFi Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DeFi Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DeFi Technologies to buy it.
The correlation of DeFi Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DeFi Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DeFi Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DeFi Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in DeFi Stock
DeFi Technologies financial ratios help investors to determine whether DeFi Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DeFi with respect to the benefits of owning DeFi Technologies security.