Injective Market Value
| INJ Crypto | USD 9.94 0.26 2.55% |
| Symbol | Injective |
Injective '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 Injective'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 Injective.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Injective on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Injective or generate 0.0% return on investment in Injective over 90 days. Injective is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. Injective is peer-to-peer digital currency powered by the Blockchain technology.
Injective 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 Injective'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 Injective upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 35.07 | |||
| Value At Risk | (14.87) | |||
| Potential Upside | 8.98 |
Injective Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Injective's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Injective's standard deviation. In reality, there are many statistical measures that can use Injective historical prices to predict the future Injective's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (1.43) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 3.32 |
Injective Backtested Returns
Injective holds Efficiency (Sharpe) Ratio of -0.18, which attests that digital coin had a -0.18 % return per unit of risk over the last 3 months. Injective exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Injective's Risk Adjusted Performance of (0.16), market risk adjusted performance of 3.33, and Standard Deviation of 6.93 to validate the risk estimate we provide. The crypto retains a Market Volatility (i.e., Beta) of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Injective are expected to decrease at a much lower rate. During the bear market, Injective is likely to outperform the market.
Auto-correlation | 0.57 |
Modest predictability
Injective has modest predictability. Overlapping area represents the amount of predictability between Injective 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 Injective price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Injective price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 6.13 |
Injective lagged returns against current returns
Autocorrelation, which is Injective 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 Injective's crypto coin expected returns. We can calculate the autocorrelation of Injective returns to help us make a trade decision. For example, suppose you find that Injective 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 |
Injective 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 Injective crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Injective crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Injective crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Injective Lagged Returns
When evaluating Injective's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Injective crypto coin have on its future price. Injective 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, Injective autocorrelation shows the relationship between Injective crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Injective.
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 Injective offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Injective'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 Injective Crypto.Check out Injective Correlation, Injective Volatility and Investing Opportunities module to complement your research on Injective. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Injective 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.