Decentraland Market Value
| MANA Crypto | USD 0.27 0.01 3.57% |
| Symbol | Decentraland |
Decentraland '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 Decentraland'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 Decentraland.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Decentraland on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Decentraland or generate 0.0% return on investment in Decentraland over 90 days. Decentraland is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. Decentraland is peer-to-peer digital currency powered by the Blockchain technology.
Decentraland 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 Decentraland'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 Decentraland upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 34.41 | |||
| Value At Risk | (8.89) | |||
| Potential Upside | 7.69 |
Decentraland Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Decentraland's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Decentraland's standard deviation. In reality, there are many statistical measures that can use Decentraland historical prices to predict the future Decentraland's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.29) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 0.8991 |
Decentraland Backtested Returns
Decentraland secures Sharpe Ratio (or Efficiency) of -0.17, which denotes digital coin had a -0.17 % return per unit of standard deviation over the last 3 months. Decentraland exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Decentraland's Mean Deviation of 4.36, standard deviation of 5.65, and Coefficient Of Variation of (496.39) to check the risk estimate we provide. The crypto shows a Beta (market volatility) of -1.28, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Decentraland are expected to decrease by larger amounts. On the other hand, during market turmoil, Decentraland is expected to outperform it.
Auto-correlation | 0.39 |
Below average predictability
Decentraland has below average predictability. Overlapping area represents the amount of predictability between Decentraland time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Decentraland price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Decentraland price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Decentraland lagged returns against current returns
Autocorrelation, which is Decentraland 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 Decentraland's crypto coin expected returns. We can calculate the autocorrelation of Decentraland returns to help us make a trade decision. For example, suppose you find that Decentraland 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 |
Decentraland 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 Decentraland crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Decentraland crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Decentraland crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Decentraland Lagged Returns
When evaluating Decentraland's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Decentraland crypto coin have on its future price. Decentraland 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, Decentraland autocorrelation shows the relationship between Decentraland crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Decentraland.
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 Decentraland offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Decentraland'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 Decentraland Crypto.Check out Decentraland Correlation, Decentraland Volatility and Investing Opportunities module to complement your research on Decentraland. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Decentraland 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.