IPL Market Value
| IPL Crypto | USD 0.000029 0.000001 3.57% |
| Symbol | IPL |
IPL '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 IPL'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 IPL.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in IPL on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding IPL or generate 0.0% return on investment in IPL over 30 days. IPL is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. IPL is peer-to-peer digital currency powered by the Blockchain technology.
IPL 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 IPL'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 IPL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.38 | |||
| Information Ratio | 0.0259 | |||
| Maximum Drawdown | 78.95 | |||
| Value At Risk | (15.00) | |||
| Potential Upside | 17.65 |
IPL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IPL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IPL's standard deviation. In reality, there are many statistical measures that can use IPL historical prices to predict the future IPL's volatility.| Risk Adjusted Performance | 0.037 | |||
| Jensen Alpha | 0.7698 | |||
| Total Risk Alpha | (1.79) | |||
| Sortino Ratio | 0.0133 | |||
| Treynor Ratio | (0.21) |
IPL Backtested Returns
IPL appears to be abnormally risky, given 3 months investment horizon. IPL holds Efficiency (Sharpe) Ratio of 0.0398, which attests that digital coin had a 0.0398% return per unit of risk over the last 3 months. By analyzing IPL's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize IPL's Market Risk Adjusted Performance of (0.20), semi deviation of 12.88, and Risk Adjusted Performance of 0.037 to validate if our risk estimates are consistent with your expectations. The crypto retains a Market Volatility (i.e., Beta) of -2.28, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning IPL are expected to decrease by larger amounts. On the other hand, during market turmoil, IPL is expected to outperform it.
Auto-correlation | 0.32 |
Below average predictability
IPL has below average predictability. Overlapping area represents the amount of predictability between IPL time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 IPL price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current IPL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
IPL lagged returns against current returns
Autocorrelation, which is IPL 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 IPL's crypto coin expected returns. We can calculate the autocorrelation of IPL returns to help us make a trade decision. For example, suppose you find that IPL 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 |
IPL 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 IPL crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IPL crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IPL crypto coin over time.
Current vs Lagged Prices |
| Timeline |
IPL Lagged Returns
When evaluating IPL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IPL crypto coin have on its future price. IPL 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, IPL autocorrelation shows the relationship between IPL crypto coin current value and its past values and can show if there is a momentum factor associated with investing in IPL.
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 IPL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IPL'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 Ipl Crypto.Check out IPL Correlation, IPL Volatility and Investing Opportunities module to complement your research on IPL. You can also try the Stocks Directory module to find actively traded stocks across global markets.
IPL 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.