KRL Market Value
| KRL Crypto | USD 0.64 0.13 25.49% |
| Symbol | KRL |
KRL '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 KRL'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 KRL.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in KRL on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding KRL or generate 0.0% return on investment in KRL over 30 days. KRL is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. KRL is peer-to-peer digital currency powered by the Blockchain technology.
KRL 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 KRL'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 KRL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.76 | |||
| Information Ratio | 0.0917 | |||
| Maximum Drawdown | 160.32 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 2.94 |
KRL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KRL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KRL's standard deviation. In reality, there are many statistical measures that can use KRL historical prices to predict the future KRL's volatility.| Risk Adjusted Performance | 0.0844 | |||
| Jensen Alpha | 1.91 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.1779 | |||
| Treynor Ratio | (0.65) |
KRL Backtested Returns
KRL is abnormally risky given 3 months investment horizon. KRL has Sharpe Ratio of 0.1, which conveys that digital coin had a 0.1% return per unit of volatility over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.73% are justified by taking the suggested risk. Use KRL risk adjusted performance of 0.0844, and Mean Deviation of 5.29 to evaluate coin specific risk that cannot be diversified away. The crypto secures a Beta (Market Risk) of -2.53, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning KRL are expected to decrease by larger amounts. On the other hand, during market turmoil, KRL is expected to outperform it.
Auto-correlation | -0.23 |
Weak reverse predictability
KRL has weak reverse predictability. Overlapping area represents the amount of predictability between KRL time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 KRL price movement. The serial correlation of -0.23 indicates that over 23.0% of current KRL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
KRL lagged returns against current returns
Autocorrelation, which is KRL 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 KRL's crypto coin expected returns. We can calculate the autocorrelation of KRL returns to help us make a trade decision. For example, suppose you find that KRL 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 |
KRL 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 KRL crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KRL crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KRL crypto coin over time.
Current vs Lagged Prices |
| Timeline |
KRL Lagged Returns
When evaluating KRL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KRL crypto coin have on its future price. KRL 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, KRL autocorrelation shows the relationship between KRL crypto coin current value and its past values and can show if there is a momentum factor associated with investing in KRL.
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 KRL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KRL'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 Krl Crypto.Check out KRL Correlation, KRL Volatility and Investing Opportunities module to complement your research on KRL. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
KRL 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.