RUFF Market Value
| RUFF Crypto | USD 0.0003 0.000008 2.65% |
| Symbol | RUFF |
RUFF '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 RUFF'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 RUFF.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in RUFF on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding RUFF or generate 0.0% return on investment in RUFF over 30 days. RUFF is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. RUFF is peer-to-peer digital currency powered by the Blockchain technology.
RUFF 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 RUFF'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 RUFF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.16 | |||
| Information Ratio | 0.1386 | |||
| Maximum Drawdown | 96.2 | |||
| Value At Risk | (27.86) | |||
| Potential Upside | 49.66 |
RUFF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RUFF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RUFF's standard deviation. In reality, there are many statistical measures that can use RUFF historical prices to predict the future RUFF's volatility.| Risk Adjusted Performance | 0.1198 | |||
| Jensen Alpha | 2.74 | |||
| Total Risk Alpha | 0.2492 | |||
| Sortino Ratio | 0.1573 | |||
| Treynor Ratio | (2.68) |
RUFF Backtested Returns
RUFF is abnormally risky given 3 months investment horizon. RUFF maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies digital coin had a 0.16% return per unit of volatility over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.91% are justified by taking the suggested risk. Use RUFF semi deviation of 10.63, and Risk Adjusted Performance of 0.1198 to evaluate coin specific risk that cannot be diversified away. The crypto holds a Beta of -0.98, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning RUFF are expected to decrease slowly. On the other hand, during market turmoil, RUFF is expected to outperform it slightly.
Auto-correlation | 0.09 |
Virtually no predictability
RUFF has virtually no predictability. Overlapping area represents the amount of predictability between RUFF time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 RUFF price movement. The serial correlation of 0.09 indicates that less than 9.0% of current RUFF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RUFF lagged returns against current returns
Autocorrelation, which is RUFF 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 RUFF's crypto coin expected returns. We can calculate the autocorrelation of RUFF returns to help us make a trade decision. For example, suppose you find that RUFF 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 |
RUFF 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 RUFF crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RUFF crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RUFF crypto coin over time.
Current vs Lagged Prices |
| Timeline |
RUFF Lagged Returns
When evaluating RUFF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RUFF crypto coin have on its future price. RUFF 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, RUFF autocorrelation shows the relationship between RUFF crypto coin current value and its past values and can show if there is a momentum factor associated with investing in RUFF.
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 RUFF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RUFF'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 Ruff Crypto.Check out RUFF Correlation, RUFF Volatility and Investing Opportunities module to complement your research on RUFF. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
RUFF 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.