CND Market Value
| CND Crypto | USD 0.0005 0.000026 5.16% |
| Symbol | CND |
CND '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 CND'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 CND.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in CND on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding CND or generate 0.0% return on investment in CND over 90 days. CND is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. CND is peer-to-peer digital currency powered by the Blockchain technology.
CND 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 CND'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 CND upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.44 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 4.06 |
CND Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CND's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CND's standard deviation. In reality, there are many statistical measures that can use CND historical prices to predict the future CND's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | 0.0452 | |||
| Treynor Ratio | 6.15 |
CND Backtested Returns
CND secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that digital coin had a -0.1 % return per unit of risk over the last 3 months. CND exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CND's Risk Adjusted Performance of (0.08), standard deviation of 2.49, and Mean Deviation of 1.89 to double-check the risk estimate we provide. The crypto shows a Beta (market volatility) of -0.0433, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CND are expected to decrease at a much lower rate. During the bear market, CND is likely to outperform the market.
Auto-correlation | -0.48 |
Modest reverse predictability
CND has modest reverse predictability. Overlapping area represents the amount of predictability between CND time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 CND price movement. The serial correlation of -0.48 indicates that about 48.0% of current CND price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CND lagged returns against current returns
Autocorrelation, which is CND 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 CND's crypto coin expected returns. We can calculate the autocorrelation of CND returns to help us make a trade decision. For example, suppose you find that CND 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 |
CND 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 CND crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CND crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CND crypto coin over time.
Current vs Lagged Prices |
| Timeline |
CND Lagged Returns
When evaluating CND's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CND crypto coin have on its future price. CND 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, CND autocorrelation shows the relationship between CND crypto coin current value and its past values and can show if there is a momentum factor associated with investing in CND.
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 CND offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CND'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 Cnd Crypto.Check out CND Correlation, CND Volatility and Investing Opportunities module to complement your research on CND. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
CND 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.