FRONT Market Value
| FRONT Crypto | USD 0.26 0.01 4.00% |
| Symbol | FRONT |
FRONT '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 FRONT'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 FRONT.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in FRONT on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding FRONT or generate 0.0% return on investment in FRONT over 270 days. FRONT is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and Avalanche. FRONT is peer-to-peer digital currency powered by the Blockchain technology.
FRONT 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 FRONT'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 FRONT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 95.45 | |||
| Value At Risk | (14.04) | |||
| Potential Upside | 12.5 |
FRONT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FRONT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FRONT's standard deviation. In reality, there are many statistical measures that can use FRONT historical prices to predict the future FRONT's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (1.27) | |||
| Total Risk Alpha | (2.85) | |||
| Treynor Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FRONT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FRONT Backtested Returns
FRONT secures Sharpe Ratio (or Efficiency) of -0.0516, which denotes digital coin had a -0.0516% return per unit of risk over the last 3 months. FRONT exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FRONT's Coefficient Of Variation of (1,466), mean deviation of 6.2, and Standard Deviation of 12.57 to check the risk estimate we provide. The crypto shows a Beta (market volatility) of 3.36, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FRONT will likely underperform.
Auto-correlation | 0.36 |
Below average predictability
FRONT has below average predictability. Overlapping area represents the amount of predictability between FRONT time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 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 FRONT price movement. The serial correlation of 0.36 indicates that just about 36.0% of current FRONT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
FRONT lagged returns against current returns
Autocorrelation, which is FRONT 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 FRONT's crypto coin expected returns. We can calculate the autocorrelation of FRONT returns to help us make a trade decision. For example, suppose you find that FRONT 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 |
FRONT 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 FRONT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FRONT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FRONT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
FRONT Lagged Returns
When evaluating FRONT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FRONT crypto coin have on its future price. FRONT 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, FRONT autocorrelation shows the relationship between FRONT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in FRONT.
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 FRONT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FRONT'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 Front Crypto.Check out FRONT Correlation, FRONT Volatility and Investing Opportunities module to complement your research on FRONT. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
FRONT 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.