CLO Market Value
| CLO Crypto | USD 0.000061 0.0001 65.54% |
| Symbol | CLO |
CLO '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 CLO'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 CLO.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in CLO on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding CLO or generate 0.0% return on investment in CLO over 720 days. CLO is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. CLO is peer-to-peer digital currency powered by the Blockchain technology.
CLO 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 CLO'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 CLO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 77.6 | |||
| Information Ratio | 0.2765 | |||
| Maximum Drawdown | 733.48 | |||
| Value At Risk | (86.49) | |||
| Potential Upside | 537.93 |
CLO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CLO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CLO's standard deviation. In reality, there are many statistical measures that can use CLO historical prices to predict the future CLO's volatility.| Risk Adjusted Performance | 0.2219 | |||
| Jensen Alpha | 57.54 | |||
| Total Risk Alpha | 21.39 | |||
| Sortino Ratio | 0.6367 | |||
| Treynor Ratio | (0.74) |
CLO Backtested Returns
CLO is abnormally risky given 3 months investment horizon. CLO secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that digital coin had a 0.28% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 51.49% are justified by taking the suggested risk. Use CLO mean deviation of 110.43, and Risk Adjusted Performance of 0.2219 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of -66.56, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CLO are expected to decrease by larger amounts. On the other hand, during market turmoil, CLO is expected to outperform it.
Auto-correlation | -0.16 |
Insignificant reverse predictability
CLO has insignificant reverse predictability. Overlapping area represents the amount of predictability between CLO time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 CLO price movement. The serial correlation of -0.16 indicates that over 16.0% of current CLO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CLO lagged returns against current returns
Autocorrelation, which is CLO 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 CLO's crypto coin expected returns. We can calculate the autocorrelation of CLO returns to help us make a trade decision. For example, suppose you find that CLO 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 |
CLO 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 CLO crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CLO crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CLO crypto coin over time.
Current vs Lagged Prices |
| Timeline |
CLO Lagged Returns
When evaluating CLO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CLO crypto coin have on its future price. CLO 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, CLO autocorrelation shows the relationship between CLO crypto coin current value and its past values and can show if there is a momentum factor associated with investing in CLO.
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 CLO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CLO'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 Clo Crypto.Check out CLO Correlation, CLO Volatility and Investing Opportunities module to complement your research on CLO. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
CLO 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.