Maker Market Value
| MKR Crypto | USD 1,204 11.09 0.91% |
| Symbol | Maker |
Maker '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 Maker'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 Maker.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Maker on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Maker or generate 0.0% return on investment in Maker over 90 days. Maker is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. Maker is peer-to-peer digital currency powered by the Blockchain technology.
Maker 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 Maker'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 Maker upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 38.57 | |||
| Value At Risk | (8.60) | |||
| Potential Upside | 7.0 |
Maker Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maker's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maker's standard deviation. In reality, there are many statistical measures that can use Maker historical prices to predict the future Maker's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | 0.1135 | |||
| Treynor Ratio | (0.95) |
Maker Backtested Returns
Maker has Sharpe Ratio of -0.0543, which conveys that digital coin had a -0.0543 % return per unit of risk over the last 3 months. Maker exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maker's Standard Deviation of 6.14, risk adjusted performance of (0.08), and Mean Deviation of 4.38 to check out the risk estimate we provide. The crypto secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Maker's returns are expected to increase less than the market. However, during the bear market, the loss of holding Maker is expected to be smaller as well.
Auto-correlation | -0.31 |
Poor reverse predictability
Maker has poor reverse predictability. Overlapping area represents the amount of predictability between Maker time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Maker price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Maker price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 61.2 K |
Maker lagged returns against current returns
Autocorrelation, which is Maker 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 Maker's crypto coin expected returns. We can calculate the autocorrelation of Maker returns to help us make a trade decision. For example, suppose you find that Maker 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 |
Maker 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 Maker crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maker crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maker crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Maker Lagged Returns
When evaluating Maker's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maker crypto coin have on its future price. Maker 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, Maker autocorrelation shows the relationship between Maker crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Maker.
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 Maker offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Maker'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 Maker Crypto.Check out Maker Correlation, Maker Volatility and Investing Opportunities module to complement your research on Maker. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Maker 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.