Portal Market Value
| PORTAL Crypto | USD 0.15 0.01 7.14% |
| Symbol | Portal |
Portal '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 Portal'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 Portal.
| 01/18/2025 |
| 02/17/2025 |
If you would invest 0.00 in Portal on January 18, 2025 and sell it all today you would earn a total of 0.00 from holding Portal or generate 0.0% return on investment in Portal over 30 days. Portal is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. Portal is peer-to-peer digital currency powered by the Blockchain technology.
Portal 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 Portal'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 Portal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 47.25 | |||
| Value At Risk | (11.43) | |||
| Potential Upside | 11.36 |
Portal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Portal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Portal's standard deviation. In reality, there are many statistical measures that can use Portal historical prices to predict the future Portal's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.75) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (3.41) |
Portal Backtested Returns
Portal maintains Sharpe Ratio (i.e., Efficiency) of -0.0848, which implies digital coin had a -0.0848 % return per unit of risk over the last 3 months. Portal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Portal's Coefficient Of Variation of (1,118), risk adjusted performance of (0.05), and Variance of 68.63 to confirm the risk estimate we provide. The crypto holds a Beta of 0.22, which implies not very significant fluctuations relative to the market. As returns on the market increase, Portal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Portal is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
Portal has good reverse predictability. Overlapping area represents the amount of predictability between Portal time series from 18th of January 2025 to 2nd of February 2025 and 2nd of February 2025 to 17th 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 Portal price movement. The serial correlation of -0.55 indicates that about 55.0% of current Portal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Portal lagged returns against current returns
Autocorrelation, which is Portal 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 Portal's crypto coin expected returns. We can calculate the autocorrelation of Portal returns to help us make a trade decision. For example, suppose you find that Portal 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 |
Portal 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 Portal crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Portal crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Portal crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Portal Lagged Returns
When evaluating Portal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Portal crypto coin have on its future price. Portal 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, Portal autocorrelation shows the relationship between Portal crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Portal.
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 Portal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Portal'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 Portal Crypto.Check out Portal Correlation, Portal Volatility and Investing Opportunities module to complement your research on Portal. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Portal 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.