MTX Market Value
| MTX Crypto | USD 0 0.0002 9.14% |
| Symbol | MTX |
MTX '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 MTX'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 MTX.
| 10/28/2024 |
| 02/25/2025 |
If you would invest 0.00 in MTX on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding MTX or generate 0.0% return on investment in MTX over 120 days. MTX is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. MTX is peer-to-peer digital currency powered by the Blockchain technology.
MTX 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 MTX'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 MTX upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.0242 | |||
| Maximum Drawdown | 10.34 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 4.13 |
MTX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MTX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MTX's standard deviation. In reality, there are many statistical measures that can use MTX historical prices to predict the future MTX's volatility.| Risk Adjusted Performance | 0.0262 | |||
| Jensen Alpha | 0.0501 | |||
| Total Risk Alpha | 0.0669 | |||
| Sortino Ratio | 0.0245 | |||
| Treynor Ratio | (0.18) |
MTX Backtested Returns
At this point, MTX is risky. MTX has Sharpe Ratio of 0.0431, which conveys that digital coin had a 0.0431 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for MTX, which you can use to evaluate the volatility of coin. Please verify MTX's Risk Adjusted Performance of 0.0262, market risk adjusted performance of (0.17), and Mean Deviation of 1.79 to check out if the risk estimate we provide is consistent with the expected return of 0.0944%. The crypto secures a Beta (Market Risk) of -0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MTX are expected to decrease at a much lower rate. During the bear market, MTX is likely to outperform the market.
Auto-correlation | 0.27 |
Poor predictability
MTX has poor predictability. Overlapping area represents the amount of predictability between MTX time series from 28th of October 2024 to 27th of December 2024 and 27th of December 2024 to 25th of February 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 MTX price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current MTX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MTX lagged returns against current returns
Autocorrelation, which is MTX 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 MTX's crypto coin expected returns. We can calculate the autocorrelation of MTX returns to help us make a trade decision. For example, suppose you find that MTX 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 |
MTX 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 MTX crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MTX crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MTX crypto coin over time.
Current vs Lagged Prices |
| Timeline |
MTX Lagged Returns
When evaluating MTX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MTX crypto coin have on its future price. MTX 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, MTX autocorrelation shows the relationship between MTX crypto coin current value and its past values and can show if there is a momentum factor associated with investing in MTX.
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 MTX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MTX'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 Mtx Crypto.Check out MTX Correlation, MTX Volatility and Investing Opportunities module to complement your research on MTX. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
MTX 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.