Ethereum Name Market Value
| ENS Crypto | USD 22.94 0.30 1.29% |
| Symbol | Ethereum |
Ethereum Name '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 Ethereum Name'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 Ethereum Name.
| 11/27/2024 |
| 02/25/2025 |
If you would invest 0.00 in Ethereum Name on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ethereum Name Service or generate 0.0% return on investment in Ethereum Name over 90 days. Ethereum Name is related to or competes with Ethereum Classic, Ethereum PoW, Staked Ether, Phala Network, EigenLayer, and Morpho. Ethereum Name Service is peer-to-peer digital currency powered by the Blockchain technology.
Ethereum Name 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 Ethereum Name'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 Ethereum Name Service upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 37.81 | |||
| Value At Risk | (11.59) | |||
| Potential Upside | 9.0 |
Ethereum Name Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ethereum Name's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ethereum Name's standard deviation. In reality, there are many statistical measures that can use Ethereum Name historical prices to predict the future Ethereum Name's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.71) |
Ethereum Name Service Backtested Returns
Ethereum Name Service secures Sharpe Ratio (or Efficiency) of -0.0589, which denotes digital coin had a -0.0589 % return per unit of risk over the last 3 months. Ethereum Name Service exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ethereum Name's Variance of 43.68, Ethereum Name Standard Deviation" href="/invest/technicalIndicator/ENS.CC/Standard-Deviation">standard deviation of 6.61, and Mean Deviation of 5.04 to check the risk estimate we provide. The crypto shows a Beta (market volatility) of 0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ethereum Name's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ethereum Name is expected to be smaller as well.
Auto-correlation | 0.68 |
Good predictability
Ethereum Name Service has good predictability. Overlapping area represents the amount of predictability between Ethereum Name time series from 27th of November 2024 to 11th of January 2025 and 11th of January 2025 to 25th of February 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 Ethereum Name Service price movement. The serial correlation of 0.68 indicates that around 68.0% of current Ethereum Name price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 15.87 |
Ethereum Name Service lagged returns against current returns
Autocorrelation, which is Ethereum Name 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 Ethereum Name's crypto coin expected returns. We can calculate the autocorrelation of Ethereum Name returns to help us make a trade decision. For example, suppose you find that Ethereum Name 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 |
Ethereum Name 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 Ethereum Name crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ethereum Name crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ethereum Name crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Ethereum Name Lagged Returns
When evaluating Ethereum Name's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ethereum Name crypto coin have on its future price. Ethereum Name 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, Ethereum Name autocorrelation shows the relationship between Ethereum Name crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Ethereum Name Service.
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 Ethereum Name Service offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ethereum Name'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 Ethereum Name Service Crypto.Check out Ethereum Name Correlation, Ethereum Name Volatility and Investing Opportunities module to complement your research on Ethereum Name. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Ethereum Name 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.