PMA Market Value
| PMA Crypto | USD 0.000029 0.000004 16.00% |
| Symbol | PMA |
PMA '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 PMA'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 PMA.
| 12/01/2024 |
| 03/01/2025 |
If you would invest 0.00 in PMA on December 1, 2024 and sell it all today you would earn a total of 0.00 from holding PMA or generate 0.0% return on investment in PMA over 90 days. PMA is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. PMA is peer-to-peer digital currency powered by the Blockchain technology.
PMA 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 PMA'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 PMA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 55.27 | |||
| Information Ratio | 0.2688 | |||
| Maximum Drawdown | 955.95 | |||
| Value At Risk | (82.76) | |||
| Potential Upside | 480.0 |
PMA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PMA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PMA's standard deviation. In reality, there are many statistical measures that can use PMA historical prices to predict the future PMA's volatility.| Risk Adjusted Performance | 0.2078 | |||
| Jensen Alpha | 49.95 | |||
| Total Risk Alpha | 55.81 | |||
| Sortino Ratio | 0.9051 | |||
| Treynor Ratio | (21.95) |
PMA Backtested Returns
PMA is abnormally risky given 3 months investment horizon. PMA retains Efficiency (Sharpe Ratio) of 0.28, which implies digital coin had a 0.28 % return per unit of risk over the last 3 months. We were able to analyze twenty-four different technical indicators, which can help you to evaluate if expected returns of 52.95% are justified by taking the suggested risk. Use PMA market risk adjusted performance of (21.94), and Semi Deviation of 31.78 to evaluate coin specific risk that cannot be diversified away. The crypto owns a Beta (Systematic Risk) of -2.28, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning PMA are expected to decrease by larger amounts. On the other hand, during market turmoil, PMA is expected to outperform it.
Auto-correlation | 0.11 |
Insignificant predictability
PMA has insignificant predictability. Overlapping area represents the amount of predictability between PMA time series from 1st of December 2024 to 15th of January 2025 and 15th of January 2025 to 1st 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 PMA price movement. The serial correlation of 0.11 indicates that less than 11.0% of current PMA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PMA lagged returns against current returns
Autocorrelation, which is PMA 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 PMA's crypto coin expected returns. We can calculate the autocorrelation of PMA returns to help us make a trade decision. For example, suppose you find that PMA 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 |
PMA 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 PMA crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PMA crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PMA crypto coin over time.
Current vs Lagged Prices |
| Timeline |
PMA Lagged Returns
When evaluating PMA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PMA crypto coin have on its future price. PMA 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, PMA autocorrelation shows the relationship between PMA crypto coin current value and its past values and can show if there is a momentum factor associated with investing in PMA.
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 PMA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PMA'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 Pma Crypto.Check out PMA Correlation, PMA Volatility and Investing Opportunities module to complement your research on PMA. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
PMA 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.