REM Market Value
| REM Crypto | USD 0.00004 0.000003 6.98% |
| Symbol | REM |
REM '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 REM'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 REM.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in REM on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding REM or generate 0.0% return on investment in REM over 90 days. REM is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. REM is peer-to-peer digital currency powered by the Blockchain technology.
REM 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 REM'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 REM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.4 | |||
| Information Ratio | 0.0554 | |||
| Maximum Drawdown | 164.38 | |||
| Value At Risk | (35.00) | |||
| Potential Upside | 17.78 |
REM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REM's standard deviation. In reality, there are many statistical measures that can use REM historical prices to predict the future REM's volatility.| Risk Adjusted Performance | 0.0547 | |||
| Jensen Alpha | 0.8033 | |||
| Total Risk Alpha | 4.72 | |||
| Sortino Ratio | 0.0763 | |||
| Treynor Ratio | (0.26) |
REM Backtested Returns
REM is abnormally risky given 3 months investment horizon. REM maintains Sharpe Ratio (i.e., Efficiency) of 0.0517, which implies digital coin had a 0.0517 % return per unit of volatility over the last 3 months. We have collected data for twenty-six different technical indicators, which can help you to evaluate if expected returns of 1.38% are justified by taking the suggested risk. Use REM semi deviation of 14.82, and Risk Adjusted Performance of 0.0547 to evaluate coin specific risk that cannot be diversified away. The crypto holds a Beta of -5.22, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning REM are expected to decrease by larger amounts. On the other hand, during market turmoil, REM is expected to outperform it.
Auto-correlation | -0.06 |
Very weak reverse predictability
REM has very weak reverse predictability. Overlapping area represents the amount of predictability between REM 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 REM price movement. The serial correlation of -0.06 indicates that barely 6.0% of current REM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
REM lagged returns against current returns
Autocorrelation, which is REM 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 REM's crypto coin expected returns. We can calculate the autocorrelation of REM returns to help us make a trade decision. For example, suppose you find that REM 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 |
REM 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 REM crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REM crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REM crypto coin over time.
Current vs Lagged Prices |
| Timeline |
REM Lagged Returns
When evaluating REM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REM crypto coin have on its future price. REM 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, REM autocorrelation shows the relationship between REM crypto coin current value and its past values and can show if there is a momentum factor associated with investing in REM.
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 REM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REM'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 Rem Crypto.Check out REM Correlation, REM Volatility and Investing Opportunities module to complement your research on REM. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
REM 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.