Sologenic Market Value
| SOLO Crypto | USD 0.52 0.11 17.46% |
| Symbol | Sologenic |
Sologenic '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 Sologenic'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 Sologenic.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Sologenic on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Sologenic or generate 0.0% return on investment in Sologenic over 540 days. Sologenic is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Sologenic is peer-to-peer digital currency powered by the Blockchain technology.
Sologenic 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 Sologenic'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 Sologenic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.98 | |||
| Information Ratio | 0.1766 | |||
| Maximum Drawdown | 165.3 | |||
| Value At Risk | (13.43) | |||
| Potential Upside | 20.83 |
Sologenic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sologenic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sologenic's standard deviation. In reality, there are many statistical measures that can use Sologenic historical prices to predict the future Sologenic's volatility.| Risk Adjusted Performance | 0.1491 | |||
| Jensen Alpha | 4.45 | |||
| Total Risk Alpha | 0.3594 | |||
| Sortino Ratio | 0.4699 | |||
| Treynor Ratio | (5.42) |
Sologenic Backtested Returns
Sologenic is abnormally risky given 3 months investment horizon. Sologenic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates digital coin had a 0.18% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 4.41% are justified by taking the suggested risk. Use Sologenic Semi Deviation of 6.53, risk adjusted performance of 0.1491, and Coefficient Of Variation of 548.26 to evaluate coin specific risk that cannot be diversified away. The entity has a beta of -0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sologenic are expected to decrease at a much lower rate. During the bear market, Sologenic is likely to outperform the market.
Auto-correlation | -0.63 |
Very good reverse predictability
Sologenic has very good reverse predictability. Overlapping area represents the amount of predictability between Sologenic time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Sologenic price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Sologenic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sologenic lagged returns against current returns
Autocorrelation, which is Sologenic 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 Sologenic's crypto coin expected returns. We can calculate the autocorrelation of Sologenic returns to help us make a trade decision. For example, suppose you find that Sologenic 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 |
Sologenic 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 Sologenic crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sologenic crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sologenic crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Sologenic Lagged Returns
When evaluating Sologenic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sologenic crypto coin have on its future price. Sologenic 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, Sologenic autocorrelation shows the relationship between Sologenic crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Sologenic.
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 Sologenic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sologenic'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 Sologenic Crypto.Check out Sologenic Correlation, Sologenic Volatility and Investing Opportunities module to complement your research on Sologenic. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Sologenic 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.