Echelon Prime Market Value
| PRIME Crypto | USD 4.98 0.92 22.66% |
| Symbol | Echelon |
Echelon Prime '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 Echelon Prime'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 Echelon Prime.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Echelon Prime on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Echelon Prime or generate 0.0% return on investment in Echelon Prime over 90 days. Echelon Prime is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. Echelon Prime is peer-to-peer digital currency powered by the Blockchain technology.
Echelon Prime 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 Echelon Prime'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 Echelon Prime upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 47.86 | |||
| Value At Risk | (13.65) | |||
| Potential Upside | 11.5 |
Echelon Prime Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Echelon Prime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Echelon Prime's standard deviation. In reality, there are many statistical measures that can use Echelon Prime historical prices to predict the future Echelon Prime's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (1.68) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 1.36 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Echelon Prime's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Echelon Prime Backtested Returns
Echelon Prime secures Sharpe Ratio (or Efficiency) of -0.11, which denotes digital coin had a -0.11 % return per unit of risk over the last 3 months. Echelon Prime exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Echelon Prime's Standard Deviation of 8.29, mean deviation of 6.36, and Variance of 68.72 to check the risk estimate we provide. The crypto shows a Beta (market volatility) of -1.14, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Echelon Prime are expected to decrease slowly. On the other hand, during market turmoil, Echelon Prime is expected to outperform it slightly.
Auto-correlation | 0.01 |
Virtually no predictability
Echelon Prime has virtually no predictability. Overlapping area represents the amount of predictability between Echelon Prime time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Echelon Prime price movement. The serial correlation of 0.01 indicates that just 1.0% of current Echelon Prime price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.02 |
Echelon Prime lagged returns against current returns
Autocorrelation, which is Echelon Prime 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 Echelon Prime's crypto coin expected returns. We can calculate the autocorrelation of Echelon Prime returns to help us make a trade decision. For example, suppose you find that Echelon Prime 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 |
Echelon Prime 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 Echelon Prime crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Echelon Prime crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Echelon Prime crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Echelon Prime Lagged Returns
When evaluating Echelon Prime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Echelon Prime crypto coin have on its future price. Echelon Prime 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, Echelon Prime autocorrelation shows the relationship between Echelon Prime crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Echelon Prime.
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 Echelon Prime offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Echelon Prime'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 Echelon Prime Crypto.Check out Echelon Prime Correlation, Echelon Prime Volatility and Investing Opportunities module to complement your research on Echelon Prime. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Echelon Prime 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.