Sei Market Value
| SEI Crypto | USD 0.49 0.01 2.08% |
| Symbol | Sei |
Sei '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 Sei'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 Sei.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Sei on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Sei or generate 0.0% return on investment in Sei over 30 days. Sei is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and TRON. Sei is peer-to-peer digital currency powered by the Blockchain technology.
Sei 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 Sei'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 Sei upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.58 | |||
| Information Ratio | 0.1373 | |||
| Maximum Drawdown | 29.76 | |||
| Value At Risk | (7.32) | |||
| Potential Upside | 11.43 |
Sei Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sei's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sei's standard deviation. In reality, there are many statistical measures that can use Sei historical prices to predict the future Sei's volatility.| Risk Adjusted Performance | 0.1233 | |||
| Jensen Alpha | 0.9426 | |||
| Total Risk Alpha | 0.2416 | |||
| Sortino Ratio | 0.1606 | |||
| Treynor Ratio | 2.11 |
Sei Backtested Returns
Sei appears to be unusually volatile, given 3 months investment horizon. Sei owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates digital coin had a 0.11% return per unit of risk over the last 3 months. By inspecting Sei's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Sei's Semi Deviation of 4.97, risk adjusted performance of 0.1233, and Coefficient Of Variation of 658.37 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sei's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sei is expected to be smaller as well.
Auto-correlation | -0.41 |
Modest reverse predictability
Sei has modest reverse predictability. Overlapping area represents the amount of predictability between Sei time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Sei price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Sei price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sei lagged returns against current returns
Autocorrelation, which is Sei 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 Sei's crypto coin expected returns. We can calculate the autocorrelation of Sei returns to help us make a trade decision. For example, suppose you find that Sei 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 |
Sei 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 Sei crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sei crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sei crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Sei Lagged Returns
When evaluating Sei's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sei crypto coin have on its future price. Sei 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, Sei autocorrelation shows the relationship between Sei crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Sei.
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 Sei offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sei'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 Sei Crypto.Check out Sei Correlation, Sei Volatility and Investing Opportunities module to complement your research on Sei. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Sei 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.