GFT Market Value
| GFT Crypto | USD 0.02 0 10.91% |
| Symbol | GFT |
GFT '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 GFT'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 GFT.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in GFT on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding GFT or generate 0.0% return on investment in GFT over 30 days. GFT is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and Avalanche. GFT is peer-to-peer digital currency powered by the Blockchain technology.
GFT 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 GFT'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 GFT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.74 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 7.5 |
GFT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GFT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GFT's standard deviation. In reality, there are many statistical measures that can use GFT historical prices to predict the future GFT's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.19) |
GFT Backtested Returns
GFT holds Efficiency (Sharpe) Ratio of -0.0186, which attests that digital coin had a -0.0186% return per unit of volatility over the last 3 months. GFT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GFT's risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.18) to validate the risk estimate we provide. The crypto retains a Market Volatility (i.e., Beta) of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GFT's returns are expected to increase less than the market. However, during the bear market, the loss of holding GFT is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
GFT has average predictability. Overlapping area represents the amount of predictability between GFT time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 GFT price movement. The serial correlation of 0.46 indicates that about 46.0% of current GFT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GFT lagged returns against current returns
Autocorrelation, which is GFT 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 GFT's crypto coin expected returns. We can calculate the autocorrelation of GFT returns to help us make a trade decision. For example, suppose you find that GFT 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 |
GFT 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 GFT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GFT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GFT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
GFT Lagged Returns
When evaluating GFT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GFT crypto coin have on its future price. GFT 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, GFT autocorrelation shows the relationship between GFT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in GFT.
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 GFT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GFT'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 Gft Crypto.Check out GFT Correlation, GFT Volatility and Investing Opportunities module to complement your research on GFT. 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.
GFT 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.