Bitkub Coin Market Value
| KUB Crypto | USD 1.68 0.04 2.33% |
| Symbol | Bitkub |
Bitkub Coin '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 Bitkub Coin'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 Bitkub Coin.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bitkub Coin on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bitkub Coin or generate 0.0% return on investment in Bitkub Coin over 90 days. Bitkub Coin is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. Bitkub Coin is peer-to-peer digital currency powered by the Blockchain technology.
Bitkub Coin 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 Bitkub Coin'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 Bitkub Coin upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 15.95 | |||
| Value At Risk | (6.60) | |||
| Potential Upside | 4.95 |
Bitkub Coin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitkub Coin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bitkub Coin's standard deviation. In reality, there are many statistical measures that can use Bitkub Coin historical prices to predict the future Bitkub Coin's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | 8.55 |
Bitkub Coin Backtested Returns
Bitkub Coin secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that digital coin had a -0.13 % return per unit of risk over the last 3 months. Bitkub Coin exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bitkub Coin's Risk Adjusted Performance of (0.12), standard deviation of 3.29, and Mean Deviation of 2.43 to double-check the risk estimate we provide. The crypto shows a Beta (market volatility) of -0.0594, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bitkub Coin are expected to decrease at a much lower rate. During the bear market, Bitkub Coin is likely to outperform the market.
Auto-correlation | 0.12 |
Insignificant predictability
Bitkub Coin has insignificant predictability. Overlapping area represents the amount of predictability between Bitkub Coin 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 Bitkub Coin price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Bitkub Coin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Bitkub Coin lagged returns against current returns
Autocorrelation, which is Bitkub Coin 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 Bitkub Coin's crypto coin expected returns. We can calculate the autocorrelation of Bitkub Coin returns to help us make a trade decision. For example, suppose you find that Bitkub Coin 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 |
Bitkub Coin 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 Bitkub Coin crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bitkub Coin crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bitkub Coin crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Bitkub Coin Lagged Returns
When evaluating Bitkub Coin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bitkub Coin crypto coin have on its future price. Bitkub Coin 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, Bitkub Coin autocorrelation shows the relationship between Bitkub Coin crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Bitkub Coin.
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 Bitkub Coin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitkub Coin'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 Bitkub Coin Crypto.Check out Bitkub Coin Correlation, Bitkub Coin Volatility and Investing Opportunities module to complement your research on Bitkub Coin. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Bitkub Coin 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.