MANTRA Market Value
| OM Crypto | USD 7.29 0.28 3.70% |
| Symbol | MANTRA |
MANTRA '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 MANTRA'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 MANTRA.
| 01/19/2025 |
| 02/18/2025 |
If you would invest 0.00 in MANTRA on January 19, 2025 and sell it all today you would earn a total of 0.00 from holding MANTRA or generate 0.0% return on investment in MANTRA over 30 days. MANTRA is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. MANTRA is peer-to-peer digital currency powered by the Blockchain technology.
MANTRA 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 MANTRA'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 MANTRA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.2279 | |||
| Maximum Drawdown | 55.82 | |||
| Value At Risk | (4.63) | |||
| Potential Upside | 16.29 |
MANTRA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MANTRA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MANTRA's standard deviation. In reality, there are many statistical measures that can use MANTRA historical prices to predict the future MANTRA's volatility.| Risk Adjusted Performance | 0.1715 | |||
| Jensen Alpha | 1.86 | |||
| Total Risk Alpha | 1.84 | |||
| Sortino Ratio | 0.6418 | |||
| Treynor Ratio | (1.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MANTRA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MANTRA Backtested Returns
MANTRA is unusually risky given 3 months investment horizon. MANTRA has Sharpe Ratio of 0.22, which conveys that digital coin had a 0.22 % return per unit of volatility 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 1.21% are justified by taking the suggested risk. Use MANTRA Market Risk Adjusted Performance of (1.02), downside deviation of 2.89, and Mean Deviation of 4.73 to evaluate coin specific risk that cannot be diversified away. The entity secures a Beta (Market Risk) of -1.8, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning MANTRA are expected to decrease by larger amounts. On the other hand, during market turmoil, MANTRA is expected to outperform it.
Auto-correlation | 0.66 |
Good predictability
MANTRA has good predictability. Overlapping area represents the amount of predictability between MANTRA time series from 19th of January 2025 to 3rd of February 2025 and 3rd of February 2025 to 18th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MANTRA price movement. The serial correlation of 0.66 indicates that around 66.0% of current MANTRA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
MANTRA lagged returns against current returns
Autocorrelation, which is MANTRA 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 MANTRA's crypto coin expected returns. We can calculate the autocorrelation of MANTRA returns to help us make a trade decision. For example, suppose you find that MANTRA 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 |
MANTRA 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 MANTRA crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MANTRA crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MANTRA crypto coin over time.
Current vs Lagged Prices |
| Timeline |
MANTRA Lagged Returns
When evaluating MANTRA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MANTRA crypto coin have on its future price. MANTRA 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, MANTRA autocorrelation shows the relationship between MANTRA crypto coin current value and its past values and can show if there is a momentum factor associated with investing in MANTRA.
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 MANTRA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MANTRA'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 Mantra Crypto.Check out MANTRA Correlation, MANTRA Volatility and Investing Opportunities module to complement your research on MANTRA. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
MANTRA 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.