SWFTC Market Value
| SWFTC Crypto | USD 0 0.0002 4.83% |
| Symbol | SWFTC |
SWFTC '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 SWFTC'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 SWFTC.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in SWFTC on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding SWFTC or generate 0.0% return on investment in SWFTC over 270 days. SWFTC is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and Avalanche. SWFTC is peer-to-peer digital currency powered by the Blockchain technology.
SWFTC 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 SWFTC'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 SWFTC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.6 | |||
| Information Ratio | 0.004 | |||
| Maximum Drawdown | 39.46 | |||
| Value At Risk | (8.78) | |||
| Potential Upside | 8.01 |
SWFTC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SWFTC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SWFTC's standard deviation. In reality, there are many statistical measures that can use SWFTC historical prices to predict the future SWFTC's volatility.| Risk Adjusted Performance | 0.029 | |||
| Jensen Alpha | 0.1978 | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.0042 | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SWFTC's 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.
SWFTC Backtested Returns
SWFTC appears to be unusually risky, given 3 months investment horizon. SWFTC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0629, which indicates digital coin had a 0.0629% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SWFTC, which you can use to evaluate the volatility of coin. Please review SWFTC's coefficient of variation of 3783.26, and Risk Adjusted Performance of 0.029 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of -0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SWFTC are expected to decrease at a much lower rate. During the bear market, SWFTC is likely to outperform the market.
Auto-correlation | 0.19 |
Very weak predictability
SWFTC has very weak predictability. Overlapping area represents the amount of predictability between SWFTC time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 SWFTC price movement. The serial correlation of 0.19 indicates that over 19.0% of current SWFTC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SWFTC lagged returns against current returns
Autocorrelation, which is SWFTC 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 SWFTC's crypto coin expected returns. We can calculate the autocorrelation of SWFTC returns to help us make a trade decision. For example, suppose you find that SWFTC 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 |
SWFTC 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 SWFTC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SWFTC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SWFTC crypto coin over time.
Current vs Lagged Prices |
| Timeline |
SWFTC Lagged Returns
When evaluating SWFTC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SWFTC crypto coin have on its future price. SWFTC 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, SWFTC autocorrelation shows the relationship between SWFTC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in SWFTC.
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 SWFTC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SWFTC'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 Swftc Crypto.Check out SWFTC Correlation, SWFTC Volatility and Investing Opportunities module to complement your research on SWFTC. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
SWFTC 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.