Xai Market Value
| XAI Crypto | USD 0.22 0.01 4.35% |
| Symbol | Xai |
Xai '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 Xai'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 Xai.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Xai on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Xai or generate 0.0% return on investment in Xai over 720 days. Xai is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Xai is peer-to-peer digital currency powered by the Blockchain technology.
Xai 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 Xai'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 Xai upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.22 | |||
| Information Ratio | 0.031 | |||
| Maximum Drawdown | 34.29 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 10.53 |
Xai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xai's standard deviation. In reality, there are many statistical measures that can use Xai historical prices to predict the future Xai's volatility.| Risk Adjusted Performance | 0.0427 | |||
| Jensen Alpha | 0.3385 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0262 | |||
| Treynor Ratio | (0.68) |
Xai Backtested Returns
At this point, Xai is unusually volatile. Xai shows Sharpe Ratio of 0.0047, which attests that digital coin had a 0.0047% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xai, which you can use to evaluate the volatility of coin. Please check out Xai's Downside Deviation of 8.22, market risk adjusted performance of (0.67), and Mean Deviation of 5.21 to validate if the risk estimate we provide is consistent with the expected return of 0.0318%. The entity maintains a market beta of -0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Xai are expected to decrease at a much lower rate. During the bear market, Xai is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Xai has no correlation between past and present. Overlapping area represents the amount of predictability between Xai time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Xai price movement. The serial correlation of 0.0 indicates that just 0.0% of current Xai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Xai lagged returns against current returns
Autocorrelation, which is Xai 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 Xai's crypto coin expected returns. We can calculate the autocorrelation of Xai returns to help us make a trade decision. For example, suppose you find that Xai 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 |
Xai 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 Xai crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xai crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xai crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Xai Lagged Returns
When evaluating Xai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xai crypto coin have on its future price. Xai 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, Xai autocorrelation shows the relationship between Xai crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Xai.
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 Xai offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xai'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 Xai Crypto.Check out Xai Correlation, Xai Volatility and Investing Opportunities module to complement your research on Xai. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Xai 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.