Venom Volatility
| VENOM Crypto | USD 0.04 0.0004 1.08% |
Venom owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.57, which indicates digital coin had a -0.57 % return per unit of risk over the last 3 months. Venom exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Venom's Variance of 8.58, coefficient of variation of (180.27), and Risk Adjusted Performance of (0.41) to confirm the risk estimate we provide.
Sharpe Ratio = -0.5661
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| Negative Returns | VENOM |
Based on monthly moving average Venom is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Venom by adding Venom to a well-diversified portfolio.
Key indicators related to Venom's volatility include:60 Days Market Risk | Risk of Devaluation | 60 Days Economic Sensitivity |
Venom Crypto Coin volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Venom daily returns, and it is calculated using variance and standard deviation. We also use Venom's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Venom volatility.
Venom |
Since volatility provides cryptocurrency investors with entry points to take advantage of coin prices, investors in projects such as Venom can benefit from it. Downward market volatility can be a perfect environment for traders who play the long game. Here, they may buy additional Venom shares at lower prices. For example, an investor can purchase Venom coin that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Venom's crypto rise, investors can sell out and invest the proceeds in other coins with better opportunities. Investing in volatile markets will allow investors in evolving Defi or crypto projects such as Venom to generate better long-term returns.
Moving together with Venom Crypto Coin
| 0.78 | XRP | XRP | PairCorr |
| 0.93 | SOL | Solana | PairCorr |
| 0.65 | TRX | TRON | PairCorr |
| 0.85 | STETH | Staked Ether | PairCorr |
| 0.79 | HYPE | Hyperliquid | PairCorr |
| 0.87 | SUI | Sui | PairCorr |
| 0.87 | LINK | Chainlink | PairCorr |
| 0.88 | XLM | Stellar | PairCorr |
| 0.88 | WBETH | Wrapped Beacon ETH | PairCorr |
| 0.84 | WBTC | Wrapped Bitcoin | PairCorr |
| 0.86 | CRO | Cronos | PairCorr |
| 0.82 | WEETH | Wrapped eETH | PairCorr |
| 0.76 | TON | Toncoin | PairCorr |
| 0.63 | M | MemeCore | PairCorr |
| 0.93 | AVAX | Avalanche | PairCorr |
| 0.91 | MANTLE | Mantle | PairCorr |
| 0.8 | HBAR | Hedera Hashgraph | PairCorr |
| 0.86 | WLD | Worldcoin | PairCorr |
| 0.86 | XT | XT Token | PairCorr |
Moving against Venom Crypto Coin
| 0.85 | WBT | WhiteBIT Token | PairCorr |
| 0.75 | AETHWETH | Aave Ethereum WETH | PairCorr |
| 0.43 | WLFI | World Liberty Financial | PairCorr |
Venom Market Sensitivity And Downside Risk
Venom's beta coefficient measures the volatility of Venom crypto coin compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Venom crypto coin's returns against your selected market. In other words, Venom's beta of 0.23 provides an investor with an approximation of how much risk Venom crypto coin can potentially add to one of your existing portfolios. Venom exhibits very low volatility with skewness of -2.63 and kurtosis of 13.03. However, we advise cryptocurrency investors to further study Venom technical indicators to make sure all market info is available and is reliable. Venom appears to be a penny crypto. Although Venom may be, in fact, a solid short-term or long term investment, many penny crypto coins are speculative digital assets that are often subject to artificial coin promotions and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Venom crypto or similar risky assets. We encourage cryptocurrency investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage crypto traders to check the biographies and work history of the founders of the accociated project, carefully read the white papers and consensus ducoments before investing in high-volatility coins. You can indeed make money on Venom if you perfectly time your entry and exit. However, remember that cryptos that have been the subject of artificial hype usually cannot maintain its increased price for more than a few days. The price of a promoted high-volatility instrument will almost always revert. The only way to increase coin holder value is through legitimate performance analysis backed up by solid fundamentals of the project the coin represents. Understanding different market volatility trends often help investors time the market. Properly using volatility indicators enable traders to measure Venom's crypto coin risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Venom's price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different cryptos as prices fall or investing in DeFi projects.
3 Months Beta |Analyze Venom Demand TrendCheck current 90 days Venom correlation with market (Dow Jones Industrial)Venom Volatility and Downside Risk
Venom standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Venom Crypto Coin Volatility Analysis
Volatility refers to the frequency at which Venom crypto price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Venom's price changes. Investors will then calculate the volatility of Venom's crypto coin to predict their future moves. A crypto that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A crypto coin with relatively stable price changes has low volatility. A highly volatile crypto is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Venom's volatility:
Historical Volatility
This type of crypto volatility measures Venom's fluctuations based on previous trends. It's commonly used to predict Venom's future behavior based on its past. However, it cannot conclusively determine the future direction of the crypto coin.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Venom's current market price. This means that the crypto will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Venom's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Venom Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Venom Projected Return Density Against Market
Assuming the 90 days trading horizon Venom has a beta of 0.2263 . This entails as returns on the market go up, Venom average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Venom will be expected to be much smaller as well.Most traded cryptocurrencies are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or coin-specific or project-specific) risk. Unsystematic risk is the risk that events specific to Venom project will adversely affect the coin's price. This type of risk can be diversified away by owning several different digital assets on different exchanges whose coin prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Venom's price will be affected by overall cryptocurrency market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Venom crypto's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Venom has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
Venom Crypto Coin Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Venom is -176.64. The daily returns are distributed with a variance of 8.77 and standard deviation of 2.96. The mean deviation of Venom is currently at 1.81. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.
α | Alpha over Dow Jones | -1.65 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 2.96 | |
Ir | Information ratio | -0.59 |
Venom Crypto Coin Return Volatility
Venom historical daily return volatility represents how much of Venom crypto's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. Keep in mind that cryptocurrencies such as Venom have only been around for a short time and are still in the price discovery phase. This means that prices will continue to change as investors and governments work through the initial concerns until prices stabilize, provided a stable point can be reached. Venom accepts 2.9616% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7072% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Venom Crypto Coin performing well and Venom Cryptocurrency doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Venom's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VENOM | 1.79 | (1.65) | 0.00 | (7.23) | 0.00 | 0.91 | 23.22 | |||
| CCD | 6.34 | (0.06) | 0.02 | 0.07 | 7.01 | 20.39 | 45.53 | |||
| STETH | 2.47 | (0.23) | 0.00 | 7.14 | 0.00 | 6.45 | 25.20 | |||
| EIGEN | 4.37 | (1.39) | 0.00 | 8.60 | 0.00 | 9.09 | 32.54 | |||
| EOSDAC | 3.92 | (1.43) | 0.00 | 7.67 | 0.00 | 6.33 | 25.12 | |||
| BLZ | 4.33 | (0.39) | 0.00 | (0.43) | 0.00 | 18.07 | 40.95 | |||
| MORPHO | 3.85 | (0.25) | 0.00 | (0.26) | 0.00 | 7.96 | 43.31 | |||
| DIA | 4.78 | (0.30) | 0.00 | (0.43) | 0.00 | 11.54 | 61.73 | |||
| EM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
About Venom Volatility
Volatility is a rate at which the price of Venom or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Venom may increase or decrease. In other words, similar to Venom's beta indicator, it measures the risk of Venom and helps estimate the fluctuations that may happen in a short period of time. So if prices of Venom fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.3 ways to utilize Venom's volatility to invest better
Higher Venom's crypto volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Venom crypto is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Venom crypto volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Venom investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Venom's crypto can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Venom's crypto relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Venom Investment Opportunity
Venom has a volatility of 2.96 and is 4.17 times more volatile than Dow Jones Industrial. 26 percent of all equities and portfolios are less risky than Venom. You can use Venom to protect your portfolios against small market fluctuations. The crypto coin experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Venom to be traded at $0.0357 in 90 days.Significant diversification
The correlation between Venom and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Venom and DJI in the same portfolio, assuming nothing else is changed. Please note that Venom is a digital instrument and cryptocurrency exchanges were notoriously volatile since the beginning of their establishment.
Venom Additional Risk Indicators
The analysis of Venom's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Venom's investment and either accepting that risk or mitigating it. Along with some common measures of Venom crypto coin's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | (0.41) | |||
| Market Risk Adjusted Performance | (7.22) | |||
| Mean Deviation | 1.79 | |||
| Coefficient Of Variation | (180.27) | |||
| Standard Deviation | 2.93 | |||
| Variance | 8.58 | |||
| Information Ratio | (0.59) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential crypto coins, we recommend comparing similar cryptos with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Venom Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
| Ford vs. Venom | ||
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| Alphabet vs. Venom | ||
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| Visa vs. Venom | ||
| Walker Dunlop vs. Venom | ||
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Venom as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Venom's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Venom's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Venom.
When determining whether Venom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Venom'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 Venom Crypto. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Venom. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.