PPT Market Value
| PPT Crypto | USD 0.04 0.0001 0.27% |
| Symbol | PPT |
PPT '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 PPT'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 PPT.
| 10/28/2024 |
| 02/25/2025 |
If you would invest 0.00 in PPT on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding PPT or generate 0.0% return on investment in PPT over 120 days. PPT is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. PPT is peer-to-peer digital currency powered by the Blockchain technology.
PPT 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 PPT'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 PPT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 10.3 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 4.2 |
PPT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPT's standard deviation. In reality, there are many statistical measures that can use PPT historical prices to predict the future PPT's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.2575 |
PPT Backtested Returns
PPT maintains Sharpe Ratio (i.e., Efficiency) of -0.0177, which implies digital coin had a -0.0177 % return per unit of standard deviation over the last 3 months. PPT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PPT's Market Risk Adjusted Performance of 0.2675, coefficient of variation of (3,551), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The crypto holds a Beta of -0.3, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PPT are expected to decrease at a much lower rate. During the bear market, PPT is likely to outperform the market.
Auto-correlation | 0.23 |
Weak predictability
PPT has weak predictability. Overlapping area represents the amount of predictability between PPT time series from 28th of October 2024 to 27th of December 2024 and 27th of December 2024 to 25th 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 PPT price movement. The serial correlation of 0.23 indicates that over 23.0% of current PPT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PPT lagged returns against current returns
Autocorrelation, which is PPT 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 PPT's crypto coin expected returns. We can calculate the autocorrelation of PPT returns to help us make a trade decision. For example, suppose you find that PPT 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 |
PPT 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 PPT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
PPT Lagged Returns
When evaluating PPT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPT crypto coin have on its future price. PPT 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, PPT autocorrelation shows the relationship between PPT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in PPT.
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 PPT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PPT'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 Ppt Crypto.Check out PPT Correlation, PPT Volatility and Investing Opportunities module to complement your research on PPT. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
PPT 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.