KNC Market Value
| KNC Crypto | USD 0.39 0.05 11.36% |
| Symbol | KNC |
KNC '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 KNC'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 KNC.
| 11/27/2024 |
| 02/25/2025 |
If you would invest 0.00 in KNC on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding KNC or generate 0.0% return on investment in KNC over 90 days. KNC is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. KNC is peer-to-peer digital currency powered by the Blockchain technology.
KNC 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 KNC'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 KNC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 40.26 | |||
| Value At Risk | (9.84) | |||
| Potential Upside | 8.62 |
KNC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KNC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KNC's standard deviation. In reality, there are many statistical measures that can use KNC historical prices to predict the future KNC's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.3138 |
KNC Backtested Returns
KNC retains Efficiency (Sharpe Ratio) of -0.0979, which conveys that digital coin had a -0.0979 % return per unit of return volatility over the last 3 months. KNC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KNC's Mean Deviation of 5.04, standard deviation of 6.64, and Market Risk Adjusted Performance of 0.3238 to check out the risk estimate we provide. The crypto owns a Beta (Systematic Risk) of -1.44, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning KNC are expected to decrease by larger amounts. On the other hand, during market turmoil, KNC is expected to outperform it.
Auto-correlation | 0.76 |
Good predictability
KNC has good predictability. Overlapping area represents the amount of predictability between KNC time series from 27th of November 2024 to 11th of January 2025 and 11th of January 2025 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 KNC price movement. The serial correlation of 0.76 indicates that around 76.0% of current KNC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
KNC lagged returns against current returns
Autocorrelation, which is KNC 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 KNC's crypto coin expected returns. We can calculate the autocorrelation of KNC returns to help us make a trade decision. For example, suppose you find that KNC 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 |
KNC 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 KNC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KNC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KNC crypto coin over time.
Current vs Lagged Prices |
| Timeline |
KNC Lagged Returns
When evaluating KNC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KNC crypto coin have on its future price. KNC 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, KNC autocorrelation shows the relationship between KNC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in KNC.
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 KNC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KNC'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 Knc Crypto.Check out KNC Correlation, KNC Volatility and Investing Opportunities module to complement your research on KNC. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
KNC 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.