CARV Market Value
| CARV Crypto | 0.91 0.01 1.09% |
| Symbol | CARV |
Please note, there is a significant difference between CARV's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine CARV 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, CARV's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.
CARV '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 CARV'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 CARV.
| 11/06/2024 |
| 01/05/2025 |
If you would invest 0.00 in CARV on November 6, 2024 and sell it all today you would earn a total of 0.00 from holding CARV or generate 0.0% return on investment in CARV over 60 days. CARV is related to or competes with Staked Ether, Phala Network, EigenLayer, and Tokocrypto. CARV is peer-to-peer digital currency powered by the Blockchain technology.
CARV 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 CARV'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 CARV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.96 | |||
| Information Ratio | 0.1245 | |||
| Maximum Drawdown | 1011.43 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 6.02 |
CARV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CARV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CARV's standard deviation. In reality, there are many statistical measures that can use CARV historical prices to predict the future CARV's volatility.| Risk Adjusted Performance | 0.1111 | |||
| Jensen Alpha | 15.57 | |||
| Total Risk Alpha | 13.57 | |||
| Sortino Ratio | 1.94 | |||
| Treynor Ratio | (1.72) |
CARV Backtested Returns
CARV is abnormally risky given 3 months investment horizon. CARV secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that digital coin had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 15.47% are justified by taking the suggested risk. Use CARV Mean Deviation of 30.29, standard deviation of 124.08, and Downside Deviation of 7.96 to evaluate coin specific risk that cannot be diversified away. The entity shows a Beta (market volatility) of -8.99, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CARV are expected to decrease by larger amounts. On the other hand, during market turmoil, CARV is expected to outperform it.
Auto-correlation | 0.00 |
No correlation between past and present
CARV has no correlation between past and present. Overlapping area represents the amount of predictability between CARV time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th 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 CARV price movement. The serial correlation of 0.0 indicates that just 0.0% of current CARV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
CARV lagged returns against current returns
Autocorrelation, which is CARV 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 CARV's crypto coin expected returns. We can calculate the autocorrelation of CARV returns to help us make a trade decision. For example, suppose you find that CARV 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 |
CARV 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 CARV crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CARV crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CARV crypto coin over time.
Current vs Lagged Prices |
| Timeline |
CARV Lagged Returns
When evaluating CARV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CARV crypto coin have on its future price. CARV 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, CARV autocorrelation shows the relationship between CARV crypto coin current value and its past values and can show if there is a momentum factor associated with investing in CARV.
Regressed Prices |
| Timeline |
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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.| S | SentinelOne | |
| CRM | Salesforce | |
| MSFT | Microsoft |
Check out CARV Correlation, CARV Volatility and Investing Opportunities module to complement your research on CARV. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
CARV 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.