MXC Market Value
| MXC Crypto | USD 0 0.000056 2.86% |
| Symbol | MXC |
MXC '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 MXC'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 MXC.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in MXC on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding MXC or generate 0.0% return on investment in MXC over 90 days. MXC is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. MXC is peer-to-peer digital currency powered by the Blockchain technology.
MXC 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 MXC'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 MXC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 51.46 | |||
| Value At Risk | (17.49) | |||
| Potential Upside | 18.04 |
MXC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MXC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MXC's standard deviation. In reality, there are many statistical measures that can use MXC historical prices to predict the future MXC's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | 0.3321 | |||
| Treynor Ratio | (1.53) |
MXC Backtested Returns
MXC retains Efficiency (Sharpe Ratio) of -0.093, which conveys that digital coin had a -0.093 % return per unit of risk over the last 3 months. MXC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MXC's Market Risk Adjusted Performance of (1.52), mean deviation of 7.81, and Coefficient Of Variation of (1,076) to check out the risk estimate we provide. The crypto owns a Beta (Systematic Risk) of 0.65, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MXC's returns are expected to increase less than the market. However, during the bear market, the loss of holding MXC is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
MXC has good predictability. Overlapping area represents the amount of predictability between MXC 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 MXC price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current MXC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MXC lagged returns against current returns
Autocorrelation, which is MXC 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 MXC's crypto coin expected returns. We can calculate the autocorrelation of MXC returns to help us make a trade decision. For example, suppose you find that MXC 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 |
MXC 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 MXC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MXC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MXC crypto coin over time.
Current vs Lagged Prices |
| Timeline |
MXC Lagged Returns
When evaluating MXC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MXC crypto coin have on its future price. MXC 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, MXC autocorrelation shows the relationship between MXC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in MXC.
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 MXC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MXC'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 Mxc Crypto.Check out MXC Correlation, MXC Volatility and Investing Opportunities module to complement your research on MXC. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
MXC 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.