Blur Market Value
| BLUR Crypto | USD 0.37 0.04 12.12% |
| Symbol | Blur |
Blur '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 Blur'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 Blur.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Blur on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Blur or generate 0.0% return on investment in Blur over 180 days. Blur is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. Blur is peer-to-peer digital currency powered by the Blockchain technology.
Blur 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 Blur'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 Blur upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.02 | |||
| Information Ratio | 0.1887 | |||
| Maximum Drawdown | 27.17 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 12.5 |
Blur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blur's standard deviation. In reality, there are many statistical measures that can use Blur historical prices to predict the future Blur's volatility.| Risk Adjusted Performance | 0.1695 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 0.2667 | |||
| Sortino Ratio | 0.2005 | |||
| Treynor Ratio | 1.41 |
Blur Backtested Returns
Blur is unusually volatile given 3 months investment horizon. Blur secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that digital coin had a 0.25% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Blur Mean Deviation of 5.26, downside deviation of 6.02, and Risk Adjusted Performance of 0.1695 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 0.94, which signifies possible diversification benefits within a given portfolio. Blur returns are very sensitive to returns on the market. As the market goes up or down, Blur is expected to follow.
Auto-correlation | -0.64 |
Very good reverse predictability
Blur has very good reverse predictability. Overlapping area represents the amount of predictability between Blur time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blur price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Blur price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blur lagged returns against current returns
Autocorrelation, which is Blur 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 Blur's crypto coin expected returns. We can calculate the autocorrelation of Blur returns to help us make a trade decision. For example, suppose you find that Blur 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 |
Blur 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 Blur crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blur crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blur crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Blur Lagged Returns
When evaluating Blur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blur crypto coin have on its future price. Blur 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, Blur autocorrelation shows the relationship between Blur crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Blur.
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 Blur offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blur'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 Blur Crypto.Check out Blur Correlation, Blur Volatility and Investing Opportunities module to complement your research on Blur. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Blur 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.