AGIX Market Value
| AGIX Crypto | USD 0.86 0.24 38.71% |
| Symbol | AGIX |
AGIX '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 AGIX'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 AGIX.
| 10/28/2024 |
| 02/25/2025 |
If you would invest 0.00 in AGIX on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding AGIX or generate 0.0% return on investment in AGIX over 120 days. AGIX is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. AGIX is peer-to-peer digital currency powered by the Blockchain technology.
AGIX 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 AGIX'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 AGIX upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1221 |
AGIX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGIX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGIX's standard deviation. In reality, there are many statistical measures that can use AGIX historical prices to predict the future AGIX's volatility.| Risk Adjusted Performance | 0.099 | |||
| Jensen Alpha | 0.6503 | |||
| Total Risk Alpha | 0.6851 | |||
| Treynor Ratio | 7.34 |
AGIX Backtested Returns
AGIX appears to be extremely risky, given 3 months investment horizon. AGIX secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that digital coin had a 0.13 % return per unit of return volatility over the last 3 months. By examining AGIX's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please makes use of AGIX's Coefficient Of Variation of 812.4, mean deviation of 1.3, and Risk Adjusted Performance of 0.099 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of 0.0885, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AGIX's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGIX is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
AGIX has no correlation between past and present. Overlapping area represents the amount of predictability between AGIX time series from 28th of October 2024 to 27th of December 2024 and 27th of December 2024 to 25th 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 AGIX price movement. The serial correlation of 0.0 indicates that just 0.0% of current AGIX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AGIX lagged returns against current returns
Autocorrelation, which is AGIX 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 AGIX's crypto coin expected returns. We can calculate the autocorrelation of AGIX returns to help us make a trade decision. For example, suppose you find that AGIX 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 |
AGIX 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 AGIX crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGIX crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGIX crypto coin over time.
Current vs Lagged Prices |
| Timeline |
AGIX Lagged Returns
When evaluating AGIX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGIX crypto coin have on its future price. AGIX 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, AGIX autocorrelation shows the relationship between AGIX crypto coin current value and its past values and can show if there is a momentum factor associated with investing in AGIX.
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 AGIX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AGIX'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 Agix Crypto.Check out AGIX Correlation, AGIX Volatility and Investing Opportunities module to complement your research on AGIX. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
AGIX 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.