MX Token Market Value
| MX Crypto | USD 2.75 0.01 0.36% |
| Symbol | MX Token |
MX Token '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 MX Token'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 MX Token.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in MX Token on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding MX Token or generate 0.0% return on investment in MX Token over 90 days. MX Token is related to or competes with XRP, Solana, Sui, TRON, Staked Ether, Chainlink, and Toncoin. MX Token is peer-to-peer digital currency powered by the Blockchain technology.
MX Token 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 MX Token'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 MX Token upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 12.31 | |||
| Value At Risk | (6.48) | |||
| Potential Upside | 3.97 |
MX Token Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MX Token's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MX Token's standard deviation. In reality, there are many statistical measures that can use MX Token historical prices to predict the future MX Token's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.70) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MX Token'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.
MX Token Backtested Returns
MX Token retains Efficiency (Sharpe Ratio) of -0.11, which conveys that digital coin had a -0.11 % return per unit of price deviation over the last 3 months. MX Token exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MX Token's Information Ratio of (0.13), market risk adjusted performance of (0.69), and Mean Deviation of 1.94 to check out the risk estimate we provide. The crypto owns a Beta (Systematic Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MX Token's returns are expected to increase less than the market. However, during the bear market, the loss of holding MX Token is expected to be smaller as well.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
MX Token has almost perfect reverse predictability. Overlapping area represents the amount of predictability between MX Token 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 MX Token price movement. The serial correlation of -0.76 indicates that around 76.0% of current MX Token price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
MX Token lagged returns against current returns
Autocorrelation, which is MX Token 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 MX Token's crypto coin expected returns. We can calculate the autocorrelation of MX Token returns to help us make a trade decision. For example, suppose you find that MX Token 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 |
MX Token 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 MX Token crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MX Token crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MX Token crypto coin over time.
Current vs Lagged Prices |
| Timeline |
MX Token Lagged Returns
When evaluating MX Token's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MX Token crypto coin have on its future price. MX Token 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, MX Token autocorrelation shows the relationship between MX Token crypto coin current value and its past values and can show if there is a momentum factor associated with investing in MX Token.
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 MX Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MX Token'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 Mx Token Crypto.Check out MX Token Correlation, MX Token Volatility and Investing Opportunities module to complement your research on MX Token. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
MX Token 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.