KEY Market Value
| KEY Crypto | USD 0.0006 0.000008 1.25% |
| Symbol | KEY |
KEY '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 KEY'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 KEY.
| 10/28/2024 |
| 02/25/2025 |
If you would invest 0.00 in KEY on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding KEY or generate 0.0% return on investment in KEY over 120 days. KEY is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. KEY is peer-to-peer digital currency powered by the Blockchain technology.
KEY 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 KEY'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 KEY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 67.09 | |||
| Value At Risk | (17.04) | |||
| Potential Upside | 18.28 |
KEY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KEY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KEY's standard deviation. In reality, there are many statistical measures that can use KEY historical prices to predict the future KEY's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (1.89) | |||
| Total Risk Alpha | (1.79) | |||
| Treynor Ratio | 0.5568 |
KEY Backtested Returns
KEY has Sharpe Ratio of -0.0984, which conveys that digital coin had a -0.0984 % return per unit of standard deviation over the last 3 months. KEY exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KEY's Mean Deviation of 8.24, market risk adjusted performance of 0.5668, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide. The crypto secures a Beta (Market Risk) of -3.36, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning KEY are expected to decrease by larger amounts. On the other hand, during market turmoil, KEY is expected to outperform it.
Auto-correlation | 0.77 |
Good predictability
KEY has good predictability. Overlapping area represents the amount of predictability between KEY time series from 28th of October 2024 to 27th of December 2024 and 27th of December 2024 to 25th 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 KEY price movement. The serial correlation of 0.77 indicates that around 77.0% of current KEY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
KEY lagged returns against current returns
Autocorrelation, which is KEY 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 KEY's crypto coin expected returns. We can calculate the autocorrelation of KEY returns to help us make a trade decision. For example, suppose you find that KEY 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 |
KEY 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 KEY crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KEY crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KEY crypto coin over time.
Current vs Lagged Prices |
| Timeline |
KEY Lagged Returns
When evaluating KEY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KEY crypto coin have on its future price. KEY 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, KEY autocorrelation shows the relationship between KEY crypto coin current value and its past values and can show if there is a momentum factor associated with investing in KEY.
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 KEY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KEY'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 Key Crypto.Check out KEY Correlation, KEY Volatility and Investing Opportunities module to complement your research on KEY. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
KEY 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.