Tokocrypto Market Value
| TKO Crypto | USD 0.34 0.02 6.25% |
| Symbol | Tokocrypto |
Tokocrypto '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 Tokocrypto'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 Tokocrypto.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Tokocrypto on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Tokocrypto or generate 0.0% return on investment in Tokocrypto over 60 days. Tokocrypto is related to or competes with Solana, XRP, Sui, Staked Ether, Toncoin, Worldcoin, and Avalanche. Tokocrypto is peer-to-peer digital currency powered by the Blockchain technology.
Tokocrypto 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 Tokocrypto'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 Tokocrypto upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.38 | |||
| Information Ratio | 0.0189 | |||
| Maximum Drawdown | 43.13 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 7.69 |
Tokocrypto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tokocrypto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tokocrypto's standard deviation. In reality, there are many statistical measures that can use Tokocrypto historical prices to predict the future Tokocrypto's volatility.| Risk Adjusted Performance | 0.0412 | |||
| Jensen Alpha | 0.2206 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.0196 | |||
| Treynor Ratio | 5.06 |
Tokocrypto Backtested Returns
Tokocrypto appears to be unusually risky, given 3 months investment horizon. Tokocrypto owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0601, which indicates digital coin had a 0.0601% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tokocrypto, which you can use to evaluate the volatility of coin. Please review Tokocrypto's Semi Deviation of 3.68, risk adjusted performance of 0.0412, and Coefficient Of Variation of 2356.26 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.0447, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tokocrypto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tokocrypto is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
Tokocrypto has average predictability. Overlapping area represents the amount of predictability between Tokocrypto time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 Tokocrypto price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Tokocrypto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tokocrypto lagged returns against current returns
Autocorrelation, which is Tokocrypto 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 Tokocrypto's crypto coin expected returns. We can calculate the autocorrelation of Tokocrypto returns to help us make a trade decision. For example, suppose you find that Tokocrypto 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 |
Tokocrypto 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 Tokocrypto crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tokocrypto crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tokocrypto crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Tokocrypto Lagged Returns
When evaluating Tokocrypto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tokocrypto crypto coin have on its future price. Tokocrypto 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, Tokocrypto autocorrelation shows the relationship between Tokocrypto crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Tokocrypto.
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 Tokocrypto offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tokocrypto'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 Tokocrypto Crypto.Check out Tokocrypto Correlation, Tokocrypto Volatility and Investing Opportunities module to complement your research on Tokocrypto. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Tokocrypto 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.