Dash Market Value
| DASH Crypto | USD 22.64 0.50 2.16% |
| Symbol | Dash |
Dash '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 Dash'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 Dash.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Dash on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Dash or generate 0.0% return on investment in Dash over 90 days. Dash is peer-to-peer digital currency powered by the Blockchain technology.
Dash 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 Dash'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 Dash upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 38.05 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 9.65 |
Dash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dash's standard deviation. In reality, there are many statistical measures that can use Dash historical prices to predict the future Dash's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.10) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.8559 |
Dash Backtested Returns
Dash secures Sharpe Ratio (or Efficiency) of -0.13, which denotes digital coin had a -0.13 % return per unit of risk over the last 3 months. Dash exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dash's Standard Deviation of 6.31, mean deviation of 4.54, and Variance of 39.79 to check the risk estimate we provide. The crypto shows a Beta (market volatility) of -1.14, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Dash are expected to decrease slowly. On the other hand, during market turmoil, Dash is expected to outperform it slightly.
Auto-correlation | 0.57 |
Modest predictability
Dash has modest predictability. Overlapping area represents the amount of predictability between Dash time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Dash price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Dash price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 5.84 |
Dash lagged returns against current returns
Autocorrelation, which is Dash 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 Dash's crypto coin expected returns. We can calculate the autocorrelation of Dash returns to help us make a trade decision. For example, suppose you find that Dash 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 |
Dash 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 Dash crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dash crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dash crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Dash Lagged Returns
When evaluating Dash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dash crypto coin have on its future price. Dash 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, Dash autocorrelation shows the relationship between Dash crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Dash.
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 Dash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dash'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 Dash Crypto.Check out Dash Correlation, Dash Volatility and Investing Opportunities module to complement your research on Dash. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Dash 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.