Omni Network Market Value
| OMNI Crypto | USD 4.48 0.72 13.85% |
| Symbol | Omni |
Omni Network '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 Omni Network'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 Omni Network.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Omni Network on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Omni Network or generate 0.0% return on investment in Omni Network over 30 days. Omni Network is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. Omni Network is peer-to-peer digital currency powered by the Blockchain technology.
Omni Network 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 Omni Network'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 Omni Network upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 37.16 | |||
| Value At Risk | (16.54) | |||
| Potential Upside | 9.31 |
Omni Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omni Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omni Network's standard deviation. In reality, there are many statistical measures that can use Omni Network historical prices to predict the future Omni Network's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (1.18) | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | (6.50) |
Omni Network Backtested Returns
Omni Network maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies digital coin had a -0.16 % return per unit of risk over the last 3 months. Omni Network exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Omni Network's Risk Adjusted Performance of (0.10), variance of 60.71, and Coefficient Of Variation of (664.86) to confirm the risk estimate we provide. The crypto holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Omni Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding Omni Network is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Omni Network has average predictability. Overlapping area represents the amount of predictability between Omni Network 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 Omni Network price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Omni Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Omni Network lagged returns against current returns
Autocorrelation, which is Omni Network 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 Omni Network's crypto coin expected returns. We can calculate the autocorrelation of Omni Network returns to help us make a trade decision. For example, suppose you find that Omni Network 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 |
Omni Network 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 Omni Network crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omni Network crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omni Network crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Omni Network Lagged Returns
When evaluating Omni Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omni Network crypto coin have on its future price. Omni Network 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, Omni Network autocorrelation shows the relationship between Omni Network crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Omni Network.
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 Omni Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omni Network'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 Omni Network Crypto.Check out Omni Network Correlation, Omni Network Volatility and Investing Opportunities module to complement your research on Omni Network. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Omni Network 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.