VRA Market Value
| VRA Crypto | USD 0.01 0.000006 0.11% |
| Symbol | VRA |
VRA '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 VRA'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 VRA.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in VRA on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding VRA or generate 0.0% return on investment in VRA over 90 days. VRA is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. VRA is peer-to-peer digital currency powered by the Blockchain technology.
VRA 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 VRA'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 VRA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.85 | |||
| Information Ratio | 0.179 | |||
| Maximum Drawdown | 38.38 | |||
| Value At Risk | (8.50) | |||
| Potential Upside | 13.87 |
VRA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VRA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VRA's standard deviation. In reality, there are many statistical measures that can use VRA historical prices to predict the future VRA's volatility.| Risk Adjusted Performance | 0.1585 | |||
| Jensen Alpha | 1.2 | |||
| Total Risk Alpha | 0.3369 | |||
| Sortino Ratio | 0.2384 | |||
| Treynor Ratio | 0.5535 |
VRA Backtested Returns
VRA is unreasonably risky given 3 months investment horizon. VRA retains Efficiency (Sharpe Ratio) of 0.2, which indicates digital coin had a 0.2% return per unit of volatility over the last 3 months. We were able to analyze twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.56% are justified by taking the suggested risk. Use VRA downside deviation of 5.85, and Risk Adjusted Performance of 0.1585 to evaluate coin specific risk that cannot be diversified away. The entity owns a Beta (Systematic Risk) of 2.73, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VRA will likely underperform.
Auto-correlation | 0.01 |
Virtually no predictability
VRA has virtually no predictability. Overlapping area represents the amount of predictability between VRA time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 VRA price movement. The serial correlation of 0.01 indicates that just 1.0% of current VRA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VRA lagged returns against current returns
Autocorrelation, which is VRA 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 VRA's crypto coin expected returns. We can calculate the autocorrelation of VRA returns to help us make a trade decision. For example, suppose you find that VRA 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 |
VRA 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 VRA crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VRA crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VRA crypto coin over time.
Current vs Lagged Prices |
| Timeline |
VRA Lagged Returns
When evaluating VRA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VRA crypto coin have on its future price. VRA 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, VRA autocorrelation shows the relationship between VRA crypto coin current value and its past values and can show if there is a momentum factor associated with investing in VRA.
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 VRA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VRA'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 Vra Crypto.Check out VRA Correlation, VRA Volatility and Investing Opportunities module to complement your research on VRA. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
VRA 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.