Bitget Token Market Value
| BGB Crypto | USD 4.27 0.01 0.23% |
| Symbol | Bitget |
Bitget Token '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 Bitget Token'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 Bitget Token.
| 11/27/2024 |
| 02/25/2025 |
If you would invest 0.00 in Bitget Token on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bitget token or generate 0.0% return on investment in Bitget Token over 90 days. Bitget Token is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. Bitget token is peer-to-peer digital currency powered by the Blockchain technology.
Bitget Token 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 Bitget Token'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 Bitget token upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.14 | |||
| Information Ratio | 0.2135 | |||
| Maximum Drawdown | 46.06 | |||
| Value At Risk | (8.96) | |||
| Potential Upside | 19.08 |
Bitget Token Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitget Token's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bitget Token's standard deviation. In reality, there are many statistical measures that can use Bitget Token historical prices to predict the future Bitget Token's volatility.| Risk Adjusted Performance | 0.1673 | |||
| Jensen Alpha | 1.89 | |||
| Total Risk Alpha | 1.82 | |||
| Sortino Ratio | 0.2619 | |||
| Treynor Ratio | (0.94) |
Bitget token Backtested Returns
Bitget Token is exceptionally volatile given 3 months investment horizon. Bitget token secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that digital coin had a 0.22 % return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.89% are justified by taking the suggested risk. Use Bitget Token Downside Deviation of 7.14, mean deviation of 6.39, and Risk Adjusted Performance of 0.1673 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of -2.01, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bitget Token are expected to decrease by larger amounts. On the other hand, during market turmoil, Bitget Token is expected to outperform it.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Bitget token has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Bitget Token time series from 27th of November 2024 to 11th of January 2025 and 11th of January 2025 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 Bitget token price movement. The serial correlation of -0.76 indicates that around 76.0% of current Bitget Token price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.98 |
Bitget token lagged returns against current returns
Autocorrelation, which is Bitget Token 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 Bitget Token's crypto coin expected returns. We can calculate the autocorrelation of Bitget Token returns to help us make a trade decision. For example, suppose you find that Bitget Token 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 |
Bitget Token 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 Bitget Token crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bitget Token crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bitget Token crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Bitget Token Lagged Returns
When evaluating Bitget Token's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bitget Token crypto coin have on its future price. Bitget Token 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, Bitget Token autocorrelation shows the relationship between Bitget Token crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Bitget token.
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 Bitget token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitget Token'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 Bitget Token Crypto.Check out Bitget Token Correlation, Bitget Token Volatility and Investing Opportunities module to complement your research on Bitget Token. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Bitget Token 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.