Lido DAO Market Value
| LDO Crypto | USD 1.83 0.08 4.57% |
| Symbol | Lido |
Lido DAO '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 Lido DAO'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 Lido DAO.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Lido DAO on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Lido DAO or generate 0.0% return on investment in Lido DAO over 180 days. Lido DAO is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Lido DAO is peer-to-peer digital currency powered by the Blockchain technology.
Lido DAO 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 Lido DAO'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 Lido DAO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.6 | |||
| Information Ratio | 0.1244 | |||
| Maximum Drawdown | 47.64 | |||
| Value At Risk | (7.96) | |||
| Potential Upside | 11.8 |
Lido DAO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lido DAO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lido DAO's standard deviation. In reality, there are many statistical measures that can use Lido DAO historical prices to predict the future Lido DAO's volatility.| Risk Adjusted Performance | 0.1182 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.1653 | |||
| Treynor Ratio | 5.8 |
Lido DAO Backtested Returns
Lido DAO is unreasonably risky given 3 months investment horizon. Lido DAO has Sharpe Ratio of 0.16, which conveys that digital coin had a 0.16% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Lido DAO Mean Deviation of 4.9, risk adjusted performance of 0.1182, and Downside Deviation of 5.6 to evaluate coin specific risk that cannot be diversified away. The crypto secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lido DAO's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lido DAO is expected to be smaller as well.
Auto-correlation | -0.44 |
Modest reverse predictability
Lido DAO has modest reverse predictability. Overlapping area represents the amount of predictability between Lido DAO time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Lido DAO price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Lido DAO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Lido DAO lagged returns against current returns
Autocorrelation, which is Lido DAO 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 Lido DAO's crypto coin expected returns. We can calculate the autocorrelation of Lido DAO returns to help us make a trade decision. For example, suppose you find that Lido DAO 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 |
Lido DAO 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 Lido DAO crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lido DAO crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lido DAO crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Lido DAO Lagged Returns
When evaluating Lido DAO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lido DAO crypto coin have on its future price. Lido DAO 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, Lido DAO autocorrelation shows the relationship between Lido DAO crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Lido DAO.
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 Lido DAO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lido DAO'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 Lido Dao Crypto.Check out Lido DAO Correlation, Lido DAO Volatility and Investing Opportunities module to complement your research on Lido DAO. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Lido DAO 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.