OpenLedger Market Value
| OPEN Crypto | USD 0.17 0.01 5.56% |
| Symbol | OpenLedger |
OpenLedger '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 OpenLedger'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 OpenLedger.
| 10/12/2025 |
| 01/10/2026 |
If you would invest 0.00 in OpenLedger on October 12, 2025 and sell it all today you would earn a total of 0.00 from holding OpenLedger or generate 0.0% return on investment in OpenLedger over 90 days. OpenLedger is related to or competes with Staked Ether, EigenLayer, Morpho, and DIA. OpenLedger is peer-to-peer digital currency powered by the Blockchain technology.
OpenLedger 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 OpenLedger'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 OpenLedger upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 33.39 | |||
| Value At Risk | (10.34) | |||
| Potential Upside | 8.33 |
OpenLedger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OpenLedger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OpenLedger's standard deviation. In reality, there are many statistical measures that can use OpenLedger historical prices to predict the future OpenLedger's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (1.69) | |||
| Treynor Ratio | 1.54 |
OpenLedger Backtested Returns
OpenLedger maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies digital coin had a -0.21 % return per unit of risk over the last 3 months. OpenLedger exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OpenLedger's Risk Adjusted Performance of (0.11), coefficient of variation of (635.53), and Variance of 38.46 to confirm the risk estimate we provide. The crypto holds a Beta of -0.64, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning OpenLedger are expected to decrease at a much lower rate. During the bear market, OpenLedger is likely to outperform the market.
Auto-correlation | 0.83 |
Very good predictability
OpenLedger has very good predictability. Overlapping area represents the amount of predictability between OpenLedger time series from 12th of October 2025 to 26th of November 2025 and 26th of November 2025 to 10th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OpenLedger price movement. The serial correlation of 0.83 indicates that around 83.0% of current OpenLedger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OpenLedger lagged returns against current returns
Autocorrelation, which is OpenLedger 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 OpenLedger's crypto coin expected returns. We can calculate the autocorrelation of OpenLedger returns to help us make a trade decision. For example, suppose you find that OpenLedger 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 |
OpenLedger 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 OpenLedger crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OpenLedger crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OpenLedger crypto coin over time.
Current vs Lagged Prices |
| Timeline |
OpenLedger Lagged Returns
When evaluating OpenLedger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OpenLedger crypto coin have on its future price. OpenLedger 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, OpenLedger autocorrelation shows the relationship between OpenLedger crypto coin current value and its past values and can show if there is a momentum factor associated with investing in OpenLedger.
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 OpenLedger offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OpenLedger'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 Openledger Crypto.Check out OpenLedger Correlation, OpenLedger Volatility and Investing Opportunities module to complement your research on OpenLedger. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
OpenLedger 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.