Ocean Protocol Market Value
| OCEAN Crypto | USD 0.30 0.05 14.29% |
| Symbol | Ocean |
Ocean Protocol '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 Ocean Protocol'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 Ocean Protocol.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Ocean Protocol on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Ocean Protocol or generate 0.0% return on investment in Ocean Protocol over 30 days. Ocean Protocol is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. Ocean Protocol is peer-to-peer digital currency powered by the Blockchain technology.
Ocean Protocol 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 Ocean Protocol'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 Ocean Protocol upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 31.34 | |||
| Value At Risk | (10.14) | |||
| Potential Upside | 8.93 |
Ocean Protocol Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean Protocol's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ocean Protocol's standard deviation. In reality, there are many statistical measures that can use Ocean Protocol historical prices to predict the future Ocean Protocol's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (1.20) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | 0.8969 |
Ocean Protocol Backtested Returns
Ocean Protocol maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies digital coin had a -0.2 % return per unit of risk over the last 3 months. Ocean Protocol exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ocean Protocol's Risk Adjusted Performance of (0.14), coefficient of variation of (509.11), and Variance of 36.88 to confirm the risk estimate we provide. The crypto holds a Beta of -1.34, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ocean Protocol are expected to decrease by larger amounts. On the other hand, during market turmoil, Ocean Protocol is expected to outperform it.
Auto-correlation | 0.50 |
Modest predictability
Ocean Protocol has modest predictability. Overlapping area represents the amount of predictability between Ocean Protocol time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 Ocean Protocol price movement. The serial correlation of 0.5 indicates that about 50.0% of current Ocean Protocol price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ocean Protocol lagged returns against current returns
Autocorrelation, which is Ocean Protocol 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 Ocean Protocol's crypto coin expected returns. We can calculate the autocorrelation of Ocean Protocol returns to help us make a trade decision. For example, suppose you find that Ocean Protocol 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 |
Ocean Protocol 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 Ocean Protocol crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ocean Protocol crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ocean Protocol crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Ocean Protocol Lagged Returns
When evaluating Ocean Protocol's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ocean Protocol crypto coin have on its future price. Ocean Protocol 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, Ocean Protocol autocorrelation shows the relationship between Ocean Protocol crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Ocean Protocol.
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 Ocean Protocol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocean Protocol'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 Ocean Protocol Crypto.Check out Ocean Protocol Correlation, Ocean Protocol Volatility and Investing Opportunities module to complement your research on Ocean Protocol. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Ocean Protocol 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.