Axie Infinity Market Value
| AXS Crypto | USD 3.22 0.07 2.13% |
| Symbol | Axie |
Axie Infinity '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 Axie Infinity'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 Axie Infinity.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Axie Infinity on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Axie Infinity Shards or generate 0.0% return on investment in Axie Infinity over 90 days. Axie Infinity is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. Axie Infinity Shards is peer-to-peer digital currency powered by the Blockchain technology.
Axie Infinity 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 Axie Infinity'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 Axie Infinity Shards upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 29.29 | |||
| Value At Risk | (9.38) | |||
| Potential Upside | 5.81 |
Axie Infinity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Axie Infinity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axie Infinity's standard deviation. In reality, there are many statistical measures that can use Axie Infinity historical prices to predict the future Axie Infinity's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (1.30) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 1.83 |
Axie Infinity Shards Backtested Returns
Axie Infinity Shards secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that digital coin had a -0.21 % return per unit of risk over the last 3 months. Axie Infinity Shards exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Axie Infinity's Risk Adjusted Performance of (0.19), mean deviation of 4.04, and Standard Deviation of 5.31 to double-check the risk estimate we provide. The crypto shows a Beta (market volatility) of -0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Axie Infinity are expected to decrease at a much lower rate. During the bear market, Axie Infinity is likely to outperform the market.
Auto-correlation | 0.71 |
Good predictability
Axie Infinity Shards has good predictability. Overlapping area represents the amount of predictability between Axie Infinity time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Axie Infinity Shards price movement. The serial correlation of 0.71 indicates that around 71.0% of current Axie Infinity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Axie Infinity Shards lagged returns against current returns
Autocorrelation, which is Axie Infinity 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 Axie Infinity's crypto coin expected returns. We can calculate the autocorrelation of Axie Infinity returns to help us make a trade decision. For example, suppose you find that Axie Infinity 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 |
Axie Infinity 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 Axie Infinity crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Axie Infinity crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Axie Infinity crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Axie Infinity Lagged Returns
When evaluating Axie Infinity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Axie Infinity crypto coin have on its future price. Axie Infinity 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, Axie Infinity autocorrelation shows the relationship between Axie Infinity crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Axie Infinity Shards.
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 Axie Infinity Shards offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axie Infinity'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 Axie Infinity Shards Crypto.Check out Axie Infinity Correlation, Axie Infinity Volatility and Investing Opportunities module to complement your research on Axie Infinity. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Axie Infinity 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.