DX Market Value

DX Crypto  USD 0.00002  0.000005  33.33%   
DX's market value is the price at which a share of DX trades on a public exchange. It measures the collective expectations of DX investors about its performance. DX is trading at 2.0E-5 as of the 1st of March 2025, a 33.33% up since the beginning of the trading day. With this module, you can estimate the performance of a buy and hold strategy of DX and determine expected loss or profit from investing in DX over a given investment horizon. Check out DX Correlation, DX Volatility and Investing Opportunities module to complement your research on DX.
Symbol

Please note, there is a significant difference between DX's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine DX value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, DX's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.

DX '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 DX'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 DX.
0.00
01/30/2025
No Change 0.00  0.0 
In 31 days
03/01/2025
0.00
If you would invest  0.00  in DX on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding DX or generate 0.0% return on investment in DX over 30 days. DX is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. DX is peer-to-peer digital currency powered by the Blockchain technology.

DX 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 DX'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 DX upside and downside potential and time the market with a certain degree of confidence.

DX Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for DX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DX's standard deviation. In reality, there are many statistical measures that can use DX historical prices to predict the future DX's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DX's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.0000237.65
Details
Intrinsic
Valuation
LowRealHigh
0.000.000027.65
Details
Naive
Forecast
LowNextHigh
0.000.0000177.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0000160.0000160.000016
Details

DX Backtested Returns

DX secures Sharpe Ratio (or Efficiency) of -0.0656, which denotes digital coin had a -0.0656 % return per unit of standard deviation over the last 3 months. DX exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DX's Risk Adjusted Performance of (0.02), mean deviation of 5.17, and Coefficient Of Variation of (2,704) to check the risk estimate we provide. The crypto shows a Beta (market volatility) of 0.0147, which means not very significant fluctuations relative to the market. As returns on the market increase, DX's returns are expected to increase less than the market. However, during the bear market, the loss of holding DX is expected to be smaller as well.

Auto-correlation

    
  -0.13  

Insignificant reverse predictability

DX has insignificant reverse predictability. Overlapping area represents the amount of predictability between DX time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 DX price movement. The serial correlation of -0.13 indicates that less than 13.0% of current DX price fluctuation can be explain by its past prices.
Correlation Coefficient-0.13
Spearman Rank Test0.74
Residual Average0.0
Price Variance0.0

DX lagged returns against current returns

Autocorrelation, which is DX 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 DX's crypto coin expected returns. We can calculate the autocorrelation of DX returns to help us make a trade decision. For example, suppose you find that DX 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  

DX 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 DX crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DX crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DX crypto coin over time.
   Current vs Lagged Prices   
       Timeline  

DX Lagged Returns

When evaluating DX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DX crypto coin have on its future price. DX 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, DX autocorrelation shows the relationship between DX crypto coin current value and its past values and can show if there is a momentum factor associated with investing in DX.
   Regressed Prices   
       Timeline  

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When determining whether DX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DX'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 Dx Crypto.
Check out DX Correlation, DX Volatility and Investing Opportunities module to complement your research on DX.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
DX 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.
A focus of DX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DX trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...