OLT Market Value
| OLT Crypto | USD 0.0005 0.000019 3.65% |
| Symbol | OLT |
OLT '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 OLT'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 OLT.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in OLT on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding OLT or generate 0.0% return on investment in OLT over 30 days. OLT is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. OLT is peer-to-peer digital currency powered by the Blockchain technology.
OLT 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 OLT'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 OLT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 90.72 | |||
| Value At Risk | (17.58) | |||
| Potential Upside | 19.06 |
OLT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OLT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OLT's standard deviation. In reality, there are many statistical measures that can use OLT historical prices to predict the future OLT's volatility.| Risk Adjusted Performance | 0.0082 | |||
| Jensen Alpha | 0.2246 | |||
| Total Risk Alpha | (2.33) | |||
| Treynor Ratio | 0.0163 |
OLT Backtested Returns
OLT maintains Sharpe Ratio (i.e., Efficiency) of -0.0143, which implies digital coin had a -0.0143% return per unit of standard deviation over the last 3 months. OLT exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OLT's Market Risk Adjusted Performance of 0.0263, risk adjusted performance of 0.0082, and Coefficient Of Variation of (60,152) to confirm the risk estimate we provide. The crypto holds a Beta of -2.02, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning OLT are expected to decrease by larger amounts. On the other hand, during market turmoil, OLT is expected to outperform it.
Auto-correlation | 0.04 |
Virtually no predictability
OLT has virtually no predictability. Overlapping area represents the amount of predictability between OLT time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OLT price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current OLT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OLT lagged returns against current returns
Autocorrelation, which is OLT 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 OLT's crypto coin expected returns. We can calculate the autocorrelation of OLT returns to help us make a trade decision. For example, suppose you find that OLT 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 |
OLT 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 OLT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OLT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OLT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
OLT Lagged Returns
When evaluating OLT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OLT crypto coin have on its future price. OLT 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, OLT autocorrelation shows the relationship between OLT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in OLT.
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 OLT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OLT'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 Olt Crypto.Check out OLT Correlation, OLT Volatility and Investing Opportunities module to complement your research on OLT. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
OLT 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.