LimeWire Token Market Value
| LMWR Crypto | USD 0.32 0.07 17.95% |
| Symbol | LimeWire |
LimeWire Token '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 LimeWire Token'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 LimeWire Token.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in LimeWire Token on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding LimeWire Token or generate 0.0% return on investment in LimeWire Token over 30 days. LimeWire Token is related to or competes with XRP, Solana, Sui, Staked Ether, Toncoin, Worldcoin, and TRON. LimeWire Token is peer-to-peer digital currency powered by the Blockchain technology.
LimeWire Token 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 LimeWire Token'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 LimeWire Token upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.56 | |||
| Information Ratio | 0.1025 | |||
| Maximum Drawdown | 67.95 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 13.64 |
LimeWire Token Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LimeWire Token's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LimeWire Token's standard deviation. In reality, there are many statistical measures that can use LimeWire Token historical prices to predict the future LimeWire Token's volatility.| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 1.24 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.1153 | |||
| Treynor Ratio | (0.89) |
LimeWire Token Backtested Returns
LimeWire Token is abnormally risky given 3 months investment horizon. LimeWire Token has Sharpe Ratio of 0.12, which conveys that digital coin had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use LimeWire Token Mean Deviation of 5.52, downside deviation of 8.56, and Risk Adjusted Performance of 0.0926 to evaluate coin specific risk that cannot be diversified away. The crypto secures a Beta (Market Risk) of -1.23, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning LimeWire Token are expected to decrease by larger amounts. On the other hand, during market turmoil, LimeWire Token is expected to outperform it.
Auto-correlation | 0.81 |
Very good predictability
LimeWire Token has very good predictability. Overlapping area represents the amount of predictability between LimeWire Token time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 LimeWire Token price movement. The serial correlation of 0.81 indicates that around 81.0% of current LimeWire Token price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
LimeWire Token lagged returns against current returns
Autocorrelation, which is LimeWire Token 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 LimeWire Token's crypto coin expected returns. We can calculate the autocorrelation of LimeWire Token returns to help us make a trade decision. For example, suppose you find that LimeWire Token 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 |
LimeWire Token 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 LimeWire Token crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LimeWire Token crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LimeWire Token crypto coin over time.
Current vs Lagged Prices |
| Timeline |
LimeWire Token Lagged Returns
When evaluating LimeWire Token's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LimeWire Token crypto coin have on its future price. LimeWire Token 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, LimeWire Token autocorrelation shows the relationship between LimeWire Token crypto coin current value and its past values and can show if there is a momentum factor associated with investing in LimeWire Token.
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 LimeWire Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LimeWire Token'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 Limewire Token Crypto.Check out LimeWire Token Correlation, LimeWire Token Volatility and Investing Opportunities module to complement your research on LimeWire Token. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
LimeWire Token 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.