Mantle Market Value
| MANTLE Crypto | USD 0.87 0.01 1.14% |
| Symbol | Mantle |
Mantle '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 Mantle'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 Mantle.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Mantle on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Mantle or generate 0.0% return on investment in Mantle over 570 days. Mantle is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Mantle is peer-to-peer digital currency powered by the Blockchain technology.
Mantle 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 Mantle'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 Mantle upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.02 | |||
| Information Ratio | 0.1123 | |||
| Maximum Drawdown | 29.54 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 8.64 |
Mantle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mantle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mantle's standard deviation. In reality, there are many statistical measures that can use Mantle historical prices to predict the future Mantle's volatility.| Risk Adjusted Performance | 0.1154 | |||
| Jensen Alpha | 0.6228 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1275 | |||
| Treynor Ratio | 15.42 |
Mantle Backtested Returns
Mantle appears to be very risky, given 3 months investment horizon. Mantle has Sharpe Ratio of 0.16, which conveys that digital coin had a 0.16% return per unit of risk over the last 3 months. By analyzing Mantle's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please exercise Mantle's Mean Deviation of 3.05, risk adjusted performance of 0.1154, and Downside Deviation of 4.02 to check out if our risk estimates are consistent with your expectations. The crypto secures a Beta (Market Risk) of 0.0407, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mantle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mantle is expected to be smaller as well.
Auto-correlation | 0.01 |
Virtually no predictability
Mantle has virtually no predictability. Overlapping area represents the amount of predictability between Mantle time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th 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 Mantle price movement. The serial correlation of 0.01 indicates that just 1.0% of current Mantle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.37 |
Mantle lagged returns against current returns
Autocorrelation, which is Mantle 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 Mantle's crypto coin expected returns. We can calculate the autocorrelation of Mantle returns to help us make a trade decision. For example, suppose you find that Mantle 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 |
Mantle 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 Mantle crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mantle crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mantle crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Mantle Lagged Returns
When evaluating Mantle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mantle crypto coin have on its future price. Mantle 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, Mantle autocorrelation shows the relationship between Mantle crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Mantle.
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 Mantle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mantle'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 Mantle Crypto.Check out Mantle Correlation, Mantle Volatility and Investing Opportunities module to complement your research on Mantle. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Mantle 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.