MERCU Market Value
| MERCU Crypto | USD 0.000067 0.000002 3.08% |
| Symbol | MERCU |
MERCU '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 MERCU'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 MERCU.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in MERCU on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding MERCU or generate 0.0% return on investment in MERCU over 90 days. MERCU is related to or competes with XRP, Solana, Sui, TRON, Staked Ether, Chainlink, and Toncoin. MERCU is peer-to-peer digital currency powered by the Blockchain technology.
MERCU 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 MERCU'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 MERCU upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.73 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 3.75 |
MERCU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MERCU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MERCU's standard deviation. In reality, there are many statistical measures that can use MERCU historical prices to predict the future MERCU's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | 0.0421 | |||
| Treynor Ratio | 62.04 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MERCU's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MERCU Backtested Returns
MERCU has Sharpe Ratio of -0.14, which conveys that digital coin had a -0.14 % return per unit of volatility over the last 3 months. MERCU exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MERCU's mean deviation of 1.86, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The crypto secures a Beta (Market Risk) of -0.0043, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MERCU are expected to decrease at a much lower rate. During the bear market, MERCU is likely to outperform the market.
Auto-correlation | -0.46 |
Modest reverse predictability
MERCU has modest reverse predictability. Overlapping area represents the amount of predictability between MERCU 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 MERCU price movement. The serial correlation of -0.46 indicates that about 46.0% of current MERCU price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MERCU lagged returns against current returns
Autocorrelation, which is MERCU 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 MERCU's crypto coin expected returns. We can calculate the autocorrelation of MERCU returns to help us make a trade decision. For example, suppose you find that MERCU 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 |
MERCU 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 MERCU crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MERCU crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MERCU crypto coin over time.
Current vs Lagged Prices |
| Timeline |
MERCU Lagged Returns
When evaluating MERCU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MERCU crypto coin have on its future price. MERCU 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, MERCU autocorrelation shows the relationship between MERCU crypto coin current value and its past values and can show if there is a momentum factor associated with investing in MERCU.
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 MERCU offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MERCU'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 Mercu Crypto.Check out MERCU Correlation, MERCU Volatility and Investing Opportunities module to complement your research on MERCU. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
MERCU 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.