PST Market Value
| PST Crypto | USD 0.0009 0.01 90.42% |
| Symbol | PST |
PST '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 PST'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 PST.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in PST on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding PST or generate 0.0% return on investment in PST over 30 days. PST is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. PST is peer-to-peer digital currency powered by the Blockchain technology.
PST 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 PST'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 PST upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 53.46 | |||
| Information Ratio | 0.3834 | |||
| Maximum Drawdown | 940.85 | |||
| Value At Risk | (81.22) | |||
| Potential Upside | 677.26 |
PST Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PST's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PST's standard deviation. In reality, there are many statistical measures that can use PST historical prices to predict the future PST's volatility.| Risk Adjusted Performance | 0.3044 | |||
| Jensen Alpha | 92.18 | |||
| Total Risk Alpha | 53.97 | |||
| Sortino Ratio | 1.71 | |||
| Treynor Ratio | (16.43) |
PST Backtested Returns
PST is abnormally risky given 3 months investment horizon. PST maintains Sharpe Ratio (i.e., Efficiency) of 0.37, which implies digital coin had a 0.37% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 88.51% are justified by taking the suggested risk. Use PST Risk Adjusted Performance of 0.3044, semi deviation of 41.94, and Market Risk Adjusted Performance of (16.42) to evaluate coin specific risk that cannot be diversified away. The crypto holds a Beta of -5.57, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning PST are expected to decrease by larger amounts. On the other hand, during market turmoil, PST is expected to outperform it.
Auto-correlation | -0.25 |
Weak reverse predictability
PST has weak reverse predictability. Overlapping area represents the amount of predictability between PST 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 PST price movement. The serial correlation of -0.25 indicates that over 25.0% of current PST price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PST lagged returns against current returns
Autocorrelation, which is PST 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 PST's crypto coin expected returns. We can calculate the autocorrelation of PST returns to help us make a trade decision. For example, suppose you find that PST 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 |
PST 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 PST crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PST crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PST crypto coin over time.
Current vs Lagged Prices |
| Timeline |
PST Lagged Returns
When evaluating PST's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PST crypto coin have on its future price. PST 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, PST autocorrelation shows the relationship between PST crypto coin current value and its past values and can show if there is a momentum factor associated with investing in PST.
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 PST offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PST'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 Pst Crypto.Check out PST Correlation, PST Volatility and Investing Opportunities module to complement your research on PST. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
PST 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.