Sonic Labs Market Value
| S Crypto | USD 0.56 0.01 1.75% |
| Symbol | Sonic |
Sonic Labs '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 Sonic Labs' 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 Sonic Labs.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Sonic Labs on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Sonic Labs or generate 0.0% return on investment in Sonic Labs over 180 days. Sonic Labs is related to or competes with XRP, Solana, Sui, Staked Ether, OFFICIAL TRUMP, Chainlink, and Toncoin. Sonic Labs is peer-to-peer digital currency powered by the Blockchain technology.
Sonic Labs 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 Sonic Labs' 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 Sonic Labs upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 20.41 | |||
| Value At Risk | (8.62) | |||
| Potential Upside | 1.28 |
Sonic Labs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonic Labs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonic Labs' standard deviation. In reality, there are many statistical measures that can use Sonic Labs historical prices to predict the future Sonic Labs' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | 1.05 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sonic Labs' 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.
Sonic Labs Backtested Returns
Sonic Labs is abnormally risky given 3 months investment horizon. Sonic Labs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates digital coin had a 0.12 % 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 15.19% are justified by taking the suggested risk. Use Sonic Labs Risk Adjusted Performance of (0.11), variance of 13.59, and Coefficient Of Variation of (681.95) to evaluate coin specific risk that cannot be diversified away. The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sonic Labs are expected to decrease at a much lower rate. During the bear market, Sonic Labs is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Sonic Labs has no correlation between past and present. Overlapping area represents the amount of predictability between Sonic Labs time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st 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 Sonic Labs price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sonic Labs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Sonic Labs lagged returns against current returns
Autocorrelation, which is Sonic Labs 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 Sonic Labs' crypto coin expected returns. We can calculate the autocorrelation of Sonic Labs returns to help us make a trade decision. For example, suppose you find that Sonic Labs 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 |
Sonic Labs 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 Sonic Labs crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonic Labs crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonic Labs crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Sonic Labs Lagged Returns
When evaluating Sonic Labs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonic Labs crypto coin have on its future price. Sonic Labs 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, Sonic Labs autocorrelation shows the relationship between Sonic Labs crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Sonic Labs.
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 Sonic Labs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Labs' 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 Sonic Labs Crypto.Check out Sonic Labs Correlation, Sonic Labs Volatility and Investing Opportunities module to complement your research on Sonic Labs. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Sonic Labs 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.