FUN Market Value
| FUN Crypto | USD 0 0.0001 5.18% |
| Symbol | FUN |
FUN '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 FUN'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 FUN.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in FUN on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding FUN or generate 0.0% return on investment in FUN over 90 days. FUN is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. FUN is peer-to-peer digital currency powered by the Blockchain technology.
FUN 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 FUN'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 FUN upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 49.17 | |||
| Value At Risk | (16.38) | |||
| Potential Upside | 8.41 |
FUN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FUN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FUN's standard deviation. In reality, there are many statistical measures that can use FUN historical prices to predict the future FUN's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.16) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.80) |
FUN Backtested Returns
FUN secures Sharpe Ratio (or Efficiency) of -0.16, which denotes digital coin had a -0.16 % return per unit of risk over the last 3 months. FUN exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FUN's Mean Deviation of 5.34, standard deviation of 7.68, and Coefficient Of Variation of (627.70) to check the risk estimate we provide. The crypto shows a Beta (market volatility) of 0.68, which means possible diversification benefits within a given portfolio. As returns on the market increase, FUN's returns are expected to increase less than the market. However, during the bear market, the loss of holding FUN is expected to be smaller as well.
Auto-correlation | 0.80 |
Very good predictability
FUN has very good predictability. Overlapping area represents the amount of predictability between FUN time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 FUN price movement. The serial correlation of 0.8 indicates that around 80.0% of current FUN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FUN lagged returns against current returns
Autocorrelation, which is FUN 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 FUN's crypto coin expected returns. We can calculate the autocorrelation of FUN returns to help us make a trade decision. For example, suppose you find that FUN 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 |
FUN 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 FUN crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FUN crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FUN crypto coin over time.
Current vs Lagged Prices |
| Timeline |
FUN Lagged Returns
When evaluating FUN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FUN crypto coin have on its future price. FUN 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, FUN autocorrelation shows the relationship between FUN crypto coin current value and its past values and can show if there is a momentum factor associated with investing in FUN.
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 FUN offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FUN'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 Fun Crypto.Check out FUN Correlation, FUN Volatility and Investing Opportunities module to complement your research on FUN. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
FUN 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.