Bitcoin Cash Market Value
| BCH Crypto | USD 311.29 4.27 1.35% |
| Symbol | Bitcoin |
Bitcoin Cash '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 Bitcoin Cash'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 Bitcoin Cash.
| 03/07/2024 |
| 03/02/2025 |
If you would invest 0.00 in Bitcoin Cash on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding Bitcoin Cash or generate 0.0% return on investment in Bitcoin Cash over 360 days. Bitcoin Cash is related to or competes with Bitcoin Gold, Bitcoin SV, Staked Ether, Phala Network, EigenLayer, and Morpho. Bitcoin Cash is peer-to-peer digital currency powered by the Blockchain technology.
Bitcoin Cash 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 Bitcoin Cash'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 Bitcoin Cash upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 29.47 | |||
| Value At Risk | (9.16) | |||
| Potential Upside | 6.03 |
Bitcoin Cash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitcoin Cash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bitcoin Cash's standard deviation. In reality, there are many statistical measures that can use Bitcoin Cash historical prices to predict the future Bitcoin Cash's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 0.8776 |
Bitcoin Cash Backtested Returns
Bitcoin Cash secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that digital coin had a -0.18 % return per unit of risk over the last 3 months. Bitcoin Cash exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bitcoin Cash's Standard Deviation of 4.98, risk adjusted performance of (0.09), and Mean Deviation of 3.61 to double-check the risk estimate we provide. The crypto shows a Beta (market volatility) of -0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bitcoin Cash are expected to decrease at a much lower rate. During the bear market, Bitcoin Cash is likely to outperform the market.
Auto-correlation | -0.06 |
Very weak reverse predictability
Bitcoin Cash has very weak reverse predictability. Overlapping area represents the amount of predictability between Bitcoin Cash time series from 7th of March 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Bitcoin Cash price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Bitcoin Cash price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 6317.26 |
Bitcoin Cash lagged returns against current returns
Autocorrelation, which is Bitcoin Cash 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 Bitcoin Cash's crypto coin expected returns. We can calculate the autocorrelation of Bitcoin Cash returns to help us make a trade decision. For example, suppose you find that Bitcoin Cash 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 |
Bitcoin Cash 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 Bitcoin Cash crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bitcoin Cash crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bitcoin Cash crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Bitcoin Cash Lagged Returns
When evaluating Bitcoin Cash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bitcoin Cash crypto coin have on its future price. Bitcoin Cash 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, Bitcoin Cash autocorrelation shows the relationship between Bitcoin Cash crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Bitcoin Cash.
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 Bitcoin Cash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitcoin Cash'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 Bitcoin Cash Crypto.Check out Bitcoin Cash Correlation, Bitcoin Cash Volatility and Investing Opportunities module to complement your research on Bitcoin Cash. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Bitcoin Cash 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.