OpenLedger Technical Analysis
| OPEN Crypto | USD 0.16 0.01 6.67% |
As of the 3rd of February, OpenLedger holds the Variance of 44.81, risk adjusted performance of (0.10), and Coefficient Of Variation of (647.15). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OpenLedger, as well as the relationship between them.
OpenLedger Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OpenLedger, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OpenLedgerOpenLedger |
OpenLedger '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 OpenLedger'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 OpenLedger.
| 11/05/2025 |
| 02/03/2026 |
If you would invest 0.00 in OpenLedger on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding OpenLedger or generate 0.0% return on investment in OpenLedger over 90 days. OpenLedger is related to or competes with Staked Ether, EigenLayer, Morpho, and DIA. OpenLedger is peer-to-peer digital currency powered by the Blockchain technology.
OpenLedger 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 OpenLedger'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 OpenLedger upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 34.54 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 6.67 |
OpenLedger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OpenLedger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OpenLedger's standard deviation. In reality, there are many statistical measures that can use OpenLedger historical prices to predict the future OpenLedger's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (1.46) | |||
| Treynor Ratio | 1.97 |
OpenLedger February 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | 1.98 | |||
| Mean Deviation | 4.93 | |||
| Coefficient Of Variation | (647.15) | |||
| Standard Deviation | 6.69 | |||
| Variance | 44.81 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (1.46) | |||
| Treynor Ratio | 1.97 | |||
| Maximum Drawdown | 34.54 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 6.67 | |||
| Skewness | (0.30) | |||
| Kurtosis | 1.45 |
OpenLedger Backtested Returns
OpenLedger maintains Sharpe Ratio (i.e., Efficiency) of -0.0929, which implies digital coin had a -0.0929 % return per unit of risk over the last 3 months. OpenLedger exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OpenLedger's Coefficient Of Variation of (647.15), variance of 44.81, and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The crypto holds a Beta of -0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning OpenLedger are expected to decrease at a much lower rate. During the bear market, OpenLedger is likely to outperform the market.
Auto-correlation | 0.34 |
Below average predictability
OpenLedger has below average predictability. Overlapping area represents the amount of predictability between OpenLedger time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OpenLedger price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current OpenLedger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OpenLedger 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.
OpenLedger Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for OpenLedger across different markets.
About OpenLedger Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of OpenLedger on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of OpenLedger based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on OpenLedger price pattern first instead of the macroeconomic environment surrounding OpenLedger. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of OpenLedger's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to OpenLedger specific price patterns or momentum indicators.
OpenLedger February 3, 2026 Technical Indicators
Most technical analysis of OpenLedger help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for OpenLedger from various momentum indicators to cycle indicators. When you analyze OpenLedger charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | 1.98 | |||
| Mean Deviation | 4.93 | |||
| Coefficient Of Variation | (647.15) | |||
| Standard Deviation | 6.69 | |||
| Variance | 44.81 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (1.46) | |||
| Treynor Ratio | 1.97 | |||
| Maximum Drawdown | 34.54 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 6.67 | |||
| Skewness | (0.30) | |||
| Kurtosis | 1.45 |
OpenLedger February 3, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as OpenLedger stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 60,504 | ||
| Daily Balance Of Power | 1.00 | ||
| Rate Of Daily Change | 1.07 | ||
| Day Median Price | 0.17 | ||
| Day Typical Price | 0.16 | ||
| Price Action Indicator | 0.00 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OpenLedger. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.