Ethena USDe Market Value
| USDE Crypto | USD 1.00 0.01 1.01% |
| Symbol | Ethena |
Ethena USDe '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 Ethena USDe'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 Ethena USDe.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Ethena USDe on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Ethena USDe or generate 0.0% return on investment in Ethena USDe over 30 days. Ethena USDe is related to or competes with Ethena, Staked Ether, Phala Network, EigenLayer, Morpho, and Tokocrypto. Ethena USDe is peer-to-peer digital currency powered by the Blockchain technology.
Ethena USDe 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 Ethena USDe'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 Ethena USDe upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 1.01 |
Ethena USDe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ethena USDe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ethena USDe's standard deviation. In reality, there are many statistical measures that can use Ethena USDe historical prices to predict the future Ethena USDe's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.4923 |
Ethena USDe Backtested Returns
At this point, Ethena USDe is relatively risky. Ethena USDe secures Sharpe Ratio (or Efficiency) of close to zero, which denotes digital coin had a close to zero % return per unit of risk over the last 3 months. We have found nineteen technical indicators for Ethena USDe, which you can use to evaluate the volatility of coin. Please confirm Ethena USDe's Mean Deviation of 0.0306, variance of 0.0311, and Standard Deviation of 0.1763 to check if the risk estimate we provide is consistent with the expected return of 2.0E-4%. The crypto shows a Beta (market volatility) of -0.02, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ethena USDe are expected to decrease at a much lower rate. During the bear market, Ethena USDe is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Ethena USDe has no correlation between past and present. Overlapping area represents the amount of predictability between Ethena USDe time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 Ethena USDe price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ethena USDe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ethena USDe lagged returns against current returns
Autocorrelation, which is Ethena USDe 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 Ethena USDe's crypto coin expected returns. We can calculate the autocorrelation of Ethena USDe returns to help us make a trade decision. For example, suppose you find that Ethena USDe 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 |
Ethena USDe 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 Ethena USDe crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ethena USDe crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ethena USDe crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Ethena USDe Lagged Returns
When evaluating Ethena USDe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ethena USDe crypto coin have on its future price. Ethena USDe 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, Ethena USDe autocorrelation shows the relationship between Ethena USDe crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Ethena USDe.
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 Ethena USDe offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ethena USDe'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 Ethena Usde Crypto.Check out Ethena USDe Correlation, Ethena USDe Volatility and Investing Opportunities module to complement your research on Ethena USDe. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Ethena USDe 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.