MAN Market Value
| MAN Crypto | USD 0.02 0 5.42% |
| Symbol | MAN |
MAN '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 MAN'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 MAN.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in MAN on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding MAN or generate 0.0% return on investment in MAN over 180 days. MAN is related to or competes with Staked Ether, EigenLayer, BLZ, Tokocrypto, and DIA. MAN is peer-to-peer digital currency powered by the Blockchain technology.
MAN 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 MAN'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 MAN upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.47 | |||
| Information Ratio | 0.0365 | |||
| Maximum Drawdown | 55.55 | |||
| Value At Risk | (17.70) | |||
| Potential Upside | 20.5 |
MAN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MAN's standard deviation. In reality, there are many statistical measures that can use MAN historical prices to predict the future MAN's volatility.| Risk Adjusted Performance | 0.0465 | |||
| Jensen Alpha | 0.652 | |||
| Total Risk Alpha | (1.36) | |||
| Sortino Ratio | 0.0396 | |||
| Treynor Ratio | (0.63) |
MAN Backtested Returns
MAN appears to be abnormally risky, given 3 months investment horizon. MAN has Sharpe Ratio of 0.0571, which conveys that digital coin had a 0.0571% return per unit of volatility over the last 3 months. By evaluating MAN's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please exercise MAN's Downside Deviation of 10.47, mean deviation of 7.46, and Market Risk Adjusted Performance of (0.62) to check out if our risk estimates are consistent with your expectations. The entity secures a Beta (Market Risk) of -0.86, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning MAN are expected to decrease slowly. On the other hand, during market turmoil, MAN is expected to outperform it slightly.
Auto-correlation | 0.39 |
Below average predictability
MAN has below average predictability. Overlapping area represents the amount of predictability between MAN time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 MAN price movement. The serial correlation of 0.39 indicates that just about 39.0% of current MAN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MAN lagged returns against current returns
Autocorrelation, which is MAN 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 MAN's crypto coin expected returns. We can calculate the autocorrelation of MAN returns to help us make a trade decision. For example, suppose you find that MAN 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 |
MAN 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 MAN crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MAN crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MAN crypto coin over time.
Current vs Lagged Prices |
| Timeline |
MAN Lagged Returns
When evaluating MAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MAN crypto coin have on its future price. MAN 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, MAN autocorrelation shows the relationship between MAN crypto coin current value and its past values and can show if there is a momentum factor associated with investing in MAN.
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 MAN offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MAN'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 Man Crypto.Check out MAN Correlation, MAN Volatility and Investing Opportunities module to complement your research on MAN. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
MAN 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.