DIA Market Value
| DIA Crypto | USD 0.43 0.01 2.38% |
| Symbol | DIA |
DIA '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 DIA'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 DIA.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in DIA on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding DIA or generate 0.0% return on investment in DIA over 90 days. DIA is related to or competes with Staked Ether, Phala Network, EigenLayer, and Morpho. DIA is peer-to-peer digital currency powered by the Blockchain technology.
DIA 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 DIA'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 DIA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 29.93 | |||
| Value At Risk | (10.17) | |||
| Potential Upside | 8.33 |
DIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DIA's standard deviation. In reality, there are many statistical measures that can use DIA historical prices to predict the future DIA's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.963 |
DIA Backtested Returns
DIA retains Efficiency (Sharpe Ratio) of -0.1, which denotes digital coin had a -0.1 % return per unit of risk over the last 3 months. DIA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DIA's Market Risk Adjusted Performance of 0.973, variance of 33.95, and Standard Deviation of 5.83 to check the risk estimate we provide. The crypto owns a Beta (Systematic Risk) of -0.96, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning DIA are expected to decrease slowly. On the other hand, during market turmoil, DIA is expected to outperform it slightly.
Auto-correlation | 0.60 |
Good predictability
DIA has good predictability. Overlapping area represents the amount of predictability between DIA time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 DIA price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current DIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DIA lagged returns against current returns
Autocorrelation, which is DIA 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 DIA's crypto coin expected returns. We can calculate the autocorrelation of DIA returns to help us make a trade decision. For example, suppose you find that DIA 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 |
DIA 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 DIA crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DIA crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DIA crypto coin over time.
Current vs Lagged Prices |
| Timeline |
DIA Lagged Returns
When evaluating DIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DIA crypto coin have on its future price. DIA 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, DIA autocorrelation shows the relationship between DIA crypto coin current value and its past values and can show if there is a momentum factor associated with investing in DIA.
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 DIA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DIA'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 Dia Crypto.Check out DIA Correlation, DIA Volatility and Investing Opportunities module to complement your research on DIA. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
DIA 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.