DDD Market Value
| DDD Crypto | USD 0.0005 0.000012 2.50% |
| Symbol | DDD |
DDD '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 DDD'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 DDD.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in DDD on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding DDD or generate 0.0% return on investment in DDD over 720 days. DDD is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. DDD is peer-to-peer digital currency powered by the Blockchain technology.
DDD 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 DDD'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 DDD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 35.32 | |||
| Value At Risk | (9.49) | |||
| Potential Upside | 8.47 |
DDD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DDD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DDD's standard deviation. In reality, there are many statistical measures that can use DDD historical prices to predict the future DDD's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | 0.2246 |
DDD Backtested Returns
DDD secures Sharpe Ratio (or Efficiency) of -0.0263, which denotes digital coin had a -0.0263% return per unit of risk over the last 3 months. DDD exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DDD's Mean Deviation of 3.66, standard deviation of 5.51, and Variance of 30.41 to check the risk estimate we provide. The crypto shows a Beta (market volatility) of -0.87, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning DDD are expected to decrease slowly. On the other hand, during market turmoil, DDD is expected to outperform it slightly.
Auto-correlation | 0.54 |
Modest predictability
DDD has modest predictability. Overlapping area represents the amount of predictability between DDD 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 DDD price movement. The serial correlation of 0.54 indicates that about 54.0% of current DDD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DDD lagged returns against current returns
Autocorrelation, which is DDD 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 DDD's crypto coin expected returns. We can calculate the autocorrelation of DDD returns to help us make a trade decision. For example, suppose you find that DDD 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 |
DDD 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 DDD crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DDD crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DDD crypto coin over time.
Current vs Lagged Prices |
| Timeline |
DDD Lagged Returns
When evaluating DDD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DDD crypto coin have on its future price. DDD 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, DDD autocorrelation shows the relationship between DDD crypto coin current value and its past values and can show if there is a momentum factor associated with investing in DDD.
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 DDD offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DDD'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 Ddd Crypto.Check out DDD Correlation, DDD Volatility and Investing Opportunities module to complement your research on DDD. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
DDD 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.