Lumia Market Value
| LUMIA Crypto | 0.95 0.03 3.06% |
| Symbol | Lumia |
Please note, there is a significant difference between Lumia's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Lumia value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Lumia's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.
Lumia '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 Lumia'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 Lumia.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Lumia on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Lumia or generate 0.0% return on investment in Lumia over 30 days. Lumia is related to or competes with Staked Ether, Phala Network, EigenLayer, DIA, and THENA. Lumia is peer-to-peer digital currency powered by the Blockchain technology.
Lumia 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 Lumia'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 Lumia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.13 | |||
| Information Ratio | 0.1158 | |||
| Maximum Drawdown | 1013.51 | |||
| Value At Risk | (11.18) | |||
| Potential Upside | 6.03 |
Lumia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lumia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lumia's standard deviation. In reality, there are many statistical measures that can use Lumia historical prices to predict the future Lumia's volatility.| Risk Adjusted Performance | 0.1078 | |||
| Jensen Alpha | 14.81 | |||
| Total Risk Alpha | 10.76 | |||
| Sortino Ratio | 1.78 | |||
| Treynor Ratio | (1.26) |
Lumia Backtested Returns
Lumia is abnormally risky given 3 months investment horizon. Lumia has Sharpe Ratio of 0.12, which conveys that digital coin had a 0.12 % return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 14.53% are justified by taking the suggested risk. Use Lumia Mean Deviation of 30.8, risk adjusted performance of 0.1078, and Downside Deviation of 8.13 to evaluate coin specific risk that cannot be diversified away. The crypto secures a Beta (Market Risk) of -11.55, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Lumia are expected to decrease by larger amounts. On the other hand, during market turmoil, Lumia is expected to outperform it.
Auto-correlation | 0.58 |
Modest predictability
Lumia has modest predictability. Overlapping area represents the amount of predictability between Lumia time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 Lumia price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Lumia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lumia lagged returns against current returns
Autocorrelation, which is Lumia 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 Lumia's crypto coin expected returns. We can calculate the autocorrelation of Lumia returns to help us make a trade decision. For example, suppose you find that Lumia 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 |
Lumia 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 Lumia crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lumia crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lumia crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Lumia Lagged Returns
When evaluating Lumia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lumia crypto coin have on its future price. Lumia 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, Lumia autocorrelation shows the relationship between Lumia crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Lumia.
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 Lumia offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lumia'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 Lumia Crypto.Check out Lumia Correlation, Lumia Volatility and Investing Opportunities module to complement your research on Lumia. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Lumia 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.