Neutron Market Value
| NTRN Crypto | USD 0.45 0.04 9.76% |
| Symbol | Neutron |
Neutron '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 Neutron'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 Neutron.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Neutron on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Neutron or generate 0.0% return on investment in Neutron over 30 days. Neutron is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and TRON. Neutron is peer-to-peer digital currency powered by the Blockchain technology.
Neutron 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 Neutron'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 Neutron upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.87 | |||
| Information Ratio | 0.019 | |||
| Maximum Drawdown | 33.5 | |||
| Value At Risk | (10.87) | |||
| Potential Upside | 10.0 |
Neutron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neutron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neutron's standard deviation. In reality, there are many statistical measures that can use Neutron historical prices to predict the future Neutron's volatility.| Risk Adjusted Performance | 0.0353 | |||
| Jensen Alpha | 0.0836 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0162 | |||
| Treynor Ratio | 0.1487 |
Neutron Backtested Returns
Neutron appears to be unusually risky, given 3 months investment horizon. Neutron has Sharpe Ratio of 0.0741, which conveys that digital coin had a 0.0741% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Neutron, which you can use to evaluate the volatility of coin. Please exercise Neutron's Risk Adjusted Performance of 0.0353, mean deviation of 4.14, and Downside Deviation of 6.87 to check out if our risk estimates are consistent with your expectations. The crypto secures a Beta (Market Risk) of 1.32, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Neutron will likely underperform.
Auto-correlation | -0.35 |
Poor reverse predictability
Neutron has poor reverse predictability. Overlapping area represents the amount of predictability between Neutron 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 Neutron price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Neutron price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Neutron lagged returns against current returns
Autocorrelation, which is Neutron 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 Neutron's crypto coin expected returns. We can calculate the autocorrelation of Neutron returns to help us make a trade decision. For example, suppose you find that Neutron 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 |
Neutron 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 Neutron crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neutron crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neutron crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Neutron Lagged Returns
When evaluating Neutron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neutron crypto coin have on its future price. Neutron 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, Neutron autocorrelation shows the relationship between Neutron crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Neutron.
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 Neutron offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neutron'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 Neutron Crypto.Check out Neutron Correlation, Neutron Volatility and Investing Opportunities module to complement your research on Neutron. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Neutron 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.