ETP Market Value
| ETP Crypto | USD 0.03 0.03 637.84% |
| Symbol | ETP |
ETP '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 ETP'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 ETP.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in ETP on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding ETP or generate 0.0% return on investment in ETP over 30 days. ETP is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. ETP is peer-to-peer digital currency powered by the Blockchain technology.
ETP 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 ETP'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 ETP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.25 | |||
| Information Ratio | 0.1269 | |||
| Maximum Drawdown | 79.61 | |||
| Value At Risk | (15.05) | |||
| Potential Upside | 24.97 |
ETP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ETP's standard deviation. In reality, there are many statistical measures that can use ETP historical prices to predict the future ETP's volatility.| Risk Adjusted Performance | 0.1033 | |||
| Jensen Alpha | 10.02 | |||
| Total Risk Alpha | 9.53 | |||
| Sortino Ratio | 0.8943 | |||
| Treynor Ratio | 1.17 |
ETP Backtested Returns
ETP is abnormally risky given 3 months investment horizon. ETP 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. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 10.59% are justified by taking the suggested risk. Use ETP Downside Deviation of 11.25, semi deviation of 7.82, and Mean Deviation of 21.76 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 8.62, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ETP will likely underperform.
Auto-correlation | -0.22 |
Weak reverse predictability
ETP has weak reverse predictability. Overlapping area represents the amount of predictability between ETP time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 ETP price movement. The serial correlation of -0.22 indicates that over 22.0% of current ETP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ETP lagged returns against current returns
Autocorrelation, which is ETP 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 ETP's crypto coin expected returns. We can calculate the autocorrelation of ETP returns to help us make a trade decision. For example, suppose you find that ETP 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 |
ETP 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 ETP crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ETP crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ETP crypto coin over time.
Current vs Lagged Prices |
| Timeline |
ETP Lagged Returns
When evaluating ETP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ETP crypto coin have on its future price. ETP 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, ETP autocorrelation shows the relationship between ETP crypto coin current value and its past values and can show if there is a momentum factor associated with investing in ETP.
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 ETP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ETP'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 Etp Crypto.Check out ETP Correlation, ETP Volatility and Investing Opportunities module to complement your research on ETP. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
ETP 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.