Alephium Market Value
| ALPH Crypto | 1.16 0.19 14.07% |
| Symbol | Alephium |
Please note, there is a significant difference between Alephium's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Alephium value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Alephium's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.
Alephium '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 Alephium'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 Alephium.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Alephium on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Alephium or generate 0.0% return on investment in Alephium over 30 days. Alephium is related to or competes with Staked Ether, Phala Network, EigenLayer, and Tokocrypto. Alephium is peer-to-peer digital currency powered by the Blockchain technology.
Alephium 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 Alephium'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 Alephium upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 33.48 | |||
| Value At Risk | (12.00) | |||
| Potential Upside | 9.4 |
Alephium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alephium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alephium's standard deviation. In reality, there are many statistical measures that can use Alephium historical prices to predict the future Alephium's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.43) |
Alephium Backtested Returns
Alephium is abnormally risky given 3 months investment horizon. Alephium secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that digital coin had a 0.11% return per unit of standard deviation over the last 3 months. We were able to break down twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.17% are justified by taking the suggested risk. Use Alephium mean deviation of 4.52, and Risk Adjusted Performance of (0.02) to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alephium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alephium is expected to be smaller as well.
Auto-correlation | -0.33 |
Poor reverse predictability
Alephium has poor reverse predictability. Overlapping area represents the amount of predictability between Alephium time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Alephium price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Alephium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Alephium lagged returns against current returns
Autocorrelation, which is Alephium 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 Alephium's crypto coin expected returns. We can calculate the autocorrelation of Alephium returns to help us make a trade decision. For example, suppose you find that Alephium 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 |
Alephium 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 Alephium crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alephium crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alephium crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Alephium Lagged Returns
When evaluating Alephium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alephium crypto coin have on its future price. Alephium 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, Alephium autocorrelation shows the relationship between Alephium crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Alephium.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out Alephium Correlation, Alephium Volatility and Investing Opportunities module to complement your research on Alephium. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Alephium 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.