Gravity Market Value
| G Crypto | USD 0.04 0.0002 0.51% |
| Symbol | Gravity |
Gravity '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 Gravity'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 Gravity.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Gravity on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Gravity or generate 0.0% return on investment in Gravity over 30 days. Gravity is related to or competes with XRP, Solana, Staked Ether, Toncoin, Worldcoin, Sui, and Stellar. Gravity is peer-to-peer digital currency powered by the Blockchain technology.
Gravity 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 Gravity'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 Gravity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.68 | |||
| Information Ratio | 0.0505 | |||
| Maximum Drawdown | 18.39 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 7.47 |
Gravity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gravity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gravity's standard deviation. In reality, there are many statistical measures that can use Gravity historical prices to predict the future Gravity's volatility.| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.2849 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.054 | |||
| Treynor Ratio | 1.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gravity'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.
Gravity Backtested Returns
Gravity is abnormally risky given 3 months investment horizon. Gravity holds Efficiency (Sharpe) Ratio of 0.11, which attests that digital coin had a 0.11% return per unit of standard deviation over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. Use Gravity market risk adjusted performance of 1.02, and Risk Adjusted Performance of 0.0734 to evaluate coin specific risk that cannot be diversified away. The crypto retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gravity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gravity is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
Gravity has average predictability. Overlapping area represents the amount of predictability between Gravity time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gravity price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Gravity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gravity lagged returns against current returns
Autocorrelation, which is Gravity 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 Gravity's crypto coin expected returns. We can calculate the autocorrelation of Gravity returns to help us make a trade decision. For example, suppose you find that Gravity 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 |
Gravity 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 Gravity crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gravity crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gravity crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Gravity Lagged Returns
When evaluating Gravity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gravity crypto coin have on its future price. Gravity 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, Gravity autocorrelation shows the relationship between Gravity crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Gravity.
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 Gravity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gravity'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 Gravity Crypto.Check out Gravity Correlation, Gravity Volatility and Investing Opportunities module to complement your research on Gravity. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Gravity 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.