NULS Market Value
| NULS Crypto | USD 0.37 0.03 8.82% |
| Symbol | NULS |
NULS '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 NULS'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 NULS.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in NULS on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding NULS or generate 0.0% return on investment in NULS over 30 days. NULS is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. NULS is peer-to-peer digital currency powered by the Blockchain technology.
NULS 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 NULS'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 NULS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.25 | |||
| Information Ratio | 0.0291 | |||
| Maximum Drawdown | 49.85 | |||
| Value At Risk | (8.89) | |||
| Potential Upside | 6.67 |
NULS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NULS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NULS's standard deviation. In reality, there are many statistical measures that can use NULS historical prices to predict the future NULS's volatility.| Risk Adjusted Performance | 0.047 | |||
| Jensen Alpha | 0.0507 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0294 | |||
| Treynor Ratio | 0.1449 |
NULS Backtested Returns
NULS has Sharpe Ratio of -0.0087, which conveys that digital coin had a -0.0087% return per unit of volatility over the last 3 months. NULS exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NULS's mean deviation of 4.1, and Risk Adjusted Performance of 0.047 to check out the risk estimate we provide. The crypto secures a Beta (Market Risk) of 2.1, 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, NULS will likely underperform.
Auto-correlation | 0.29 |
Poor predictability
NULS has poor predictability. Overlapping area represents the amount of predictability between NULS time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 NULS price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current NULS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NULS lagged returns against current returns
Autocorrelation, which is NULS 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 NULS's crypto coin expected returns. We can calculate the autocorrelation of NULS returns to help us make a trade decision. For example, suppose you find that NULS 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 |
NULS 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 NULS crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NULS crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NULS crypto coin over time.
Current vs Lagged Prices |
| Timeline |
NULS Lagged Returns
When evaluating NULS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NULS crypto coin have on its future price. NULS 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, NULS autocorrelation shows the relationship between NULS crypto coin current value and its past values and can show if there is a momentum factor associated with investing in NULS.
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 NULS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NULS'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 Nuls Crypto.Check out NULS Correlation, NULS Volatility and Investing Opportunities module to complement your research on NULS. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
NULS 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.