KMD Market Value
| KMD Crypto | USD 0.31 0.02 6.90% |
| Symbol | KMD |
KMD '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 KMD'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 KMD.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in KMD on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding KMD or generate 0.0% return on investment in KMD over 30 days. KMD is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. KMD is peer-to-peer digital currency powered by the Blockchain technology.
KMD 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 KMD'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 KMD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.35 | |||
| Information Ratio | 0.0286 | |||
| Maximum Drawdown | 16.7 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 8.33 |
KMD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KMD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KMD's standard deviation. In reality, there are many statistical measures that can use KMD historical prices to predict the future KMD's volatility.| Risk Adjusted Performance | 0.0514 | |||
| Jensen Alpha | 0.2004 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0215 | |||
| Treynor Ratio | 0.5494 |
KMD Backtested Returns
KMD appears to be very risky, given 3 months investment horizon. KMD has Sharpe Ratio of 0.11, which conveys that digital coin had a 0.11% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for KMD, which you can use to evaluate the volatility of coin. Please exercise KMD's Downside Deviation of 6.35, risk adjusted performance of 0.0514, and Mean Deviation of 3.56 to check out if our risk estimates are consistent with your expectations. The crypto secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KMD's returns are expected to increase less than the market. However, during the bear market, the loss of holding KMD is expected to be smaller as well.
Auto-correlation | -0.01 |
Very weak reverse predictability
KMD has very weak reverse predictability. Overlapping area represents the amount of predictability between KMD time series from 25th of October 2024 to 9th of November 2024 and 9th of November 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 KMD price movement. The serial correlation of -0.01 indicates that just 1.0% of current KMD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
KMD lagged returns against current returns
Autocorrelation, which is KMD 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 KMD's crypto coin expected returns. We can calculate the autocorrelation of KMD returns to help us make a trade decision. For example, suppose you find that KMD 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 |
KMD 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 KMD crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KMD crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KMD crypto coin over time.
Current vs Lagged Prices |
| Timeline |
KMD Lagged Returns
When evaluating KMD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KMD crypto coin have on its future price. KMD 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, KMD autocorrelation shows the relationship between KMD crypto coin current value and its past values and can show if there is a momentum factor associated with investing in KMD.
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 KMD offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KMD'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 Kmd Crypto.Check out KMD Correlation, KMD Volatility and Investing Opportunities module to complement your research on KMD. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
KMD 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.