Marinade Market Value
| MNDE Crypto | USD 0.14 0.01 7.69% |
| Symbol | Marinade |
Marinade '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 Marinade'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 Marinade.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Marinade on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Marinade or generate 0.0% return on investment in Marinade over 720 days. Marinade is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and TRON. Marinade is peer-to-peer digital currency powered by the Blockchain technology.
Marinade 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 Marinade'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 Marinade upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.19 | |||
| Information Ratio | 0.0908 | |||
| Maximum Drawdown | 45.83 | |||
| Value At Risk | (10.73) | |||
| Potential Upside | 10.0 |
Marinade Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marinade's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marinade's standard deviation. In reality, there are many statistical measures that can use Marinade historical prices to predict the future Marinade's volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | 0.7221 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0821 | |||
| Treynor Ratio | 1.83 |
Marinade Backtested Returns
Marinade appears to be unreasonably risky, given 3 months investment horizon. Marinade has Sharpe Ratio of 0.0849, which conveys that digital coin had a 0.0849% return per unit of risk over the last 3 months. By analyzing Marinade's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please exercise Marinade's Downside Deviation of 8.19, mean deviation of 4.61, and Risk Adjusted Performance of 0.0871 to check out if our risk estimates are consistent with your expectations. The crypto secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marinade's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marinade is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Marinade has no correlation between past and present. Overlapping area represents the amount of predictability between Marinade time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Marinade price movement. The serial correlation of 0.0 indicates that just 0.0% of current Marinade price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Marinade lagged returns against current returns
Autocorrelation, which is Marinade 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 Marinade's crypto coin expected returns. We can calculate the autocorrelation of Marinade returns to help us make a trade decision. For example, suppose you find that Marinade 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 |
Marinade 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 Marinade crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marinade crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marinade crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Marinade Lagged Returns
When evaluating Marinade's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marinade crypto coin have on its future price. Marinade 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, Marinade autocorrelation shows the relationship between Marinade crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Marinade.
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 Marinade offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marinade'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 Marinade Crypto.Check out Marinade Correlation, Marinade Volatility and Investing Opportunities module to complement your research on Marinade. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Marinade 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.