Peanut The Market Value
| PNUT Crypto | USD 1.23 0.01 0.82% |
| Symbol | Peanut |
Peanut The '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 Peanut The'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 Peanut The.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Peanut The on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Peanut the Squirrel or generate 0.0% return on investment in Peanut The over 720 days. Peanut The is related to or competes with XRP, Solana, Staked Ether, Toncoin, Worldcoin, Sui, and Stellar. Peanut the Squirrel is peer-to-peer digital currency powered by the Blockchain technology.
Peanut The 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 Peanut The'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 Peanut the Squirrel upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0414 | |||
| Maximum Drawdown | 23.97 | |||
| Potential Upside | 0.8197 |
Peanut The Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peanut The's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peanut The's standard deviation. In reality, there are many statistical measures that can use Peanut The historical prices to predict the future Peanut The's volatility.| Risk Adjusted Performance | 0.0765 | |||
| Jensen Alpha | 0.2244 | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.73) |
Peanut the Squirrel Backtested Returns
Peanut The is abnormally risky given 3 months investment horizon. Peanut the Squirrel maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies digital coin had a 0.13% return per unit of risk over the last 3 months. We were able to break down twenty-two different technical indicators, which can help you to evaluate if expected returns of 15.59% are justified by taking the suggested risk. Use Peanut The Variance of 5.09, coefficient of variation of 1091.32, and Risk Adjusted Performance of 0.0765 to evaluate coin specific risk that cannot be diversified away. The crypto holds a Beta of -0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Peanut the are expected to decrease at a much lower rate. During the bear market, Peanut the is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Peanut the Squirrel has no correlation between past and present. Overlapping area represents the amount of predictability between Peanut The time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th of December 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 Peanut the Squirrel price movement. The serial correlation of 0.0 indicates that just 0.0% of current Peanut The price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Peanut the Squirrel lagged returns against current returns
Autocorrelation, which is Peanut The 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 Peanut The's crypto coin expected returns. We can calculate the autocorrelation of Peanut The returns to help us make a trade decision. For example, suppose you find that Peanut The 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 |
Peanut The 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 Peanut The crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peanut The crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peanut The crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Peanut The Lagged Returns
When evaluating Peanut The's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peanut The crypto coin have on its future price. Peanut The 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, Peanut The autocorrelation shows the relationship between Peanut The crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Peanut the Squirrel.
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 Peanut the Squirrel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peanut The'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 Peanut The Squirrel Crypto.Check out Peanut The Correlation, Peanut The Volatility and Investing Opportunities module to complement your research on Peanut The. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Peanut The 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.