Ravencoin Market Value
| RVN Crypto | USD 0.01 0.0005 4.20% |
| Symbol | Ravencoin |
Ravencoin '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 Ravencoin'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 Ravencoin.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Ravencoin on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Ravencoin or generate 0.0% return on investment in Ravencoin over 90 days. Ravencoin is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. Ravencoin is peer-to-peer digital currency powered by the Blockchain technology.
Ravencoin 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 Ravencoin'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 Ravencoin upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 25.56 | |||
| Value At Risk | (9.33) | |||
| Potential Upside | 6.67 |
Ravencoin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ravencoin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ravencoin's standard deviation. In reality, there are many statistical measures that can use Ravencoin historical prices to predict the future Ravencoin's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.83) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 5.85 |
Ravencoin Backtested Returns
Ravencoin maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies digital coin had a -0.16 % return per unit of risk over the last 3 months. Ravencoin exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ravencoin's Risk Adjusted Performance of (0.13), coefficient of variation of (622.21), and Variance of 24.92 to confirm the risk estimate we provide. The crypto holds a Beta of -0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ravencoin are expected to decrease at a much lower rate. During the bear market, Ravencoin is likely to outperform the market.
Auto-correlation | 0.64 |
Good predictability
Ravencoin has good predictability. Overlapping area represents the amount of predictability between Ravencoin 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 Ravencoin price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Ravencoin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ravencoin lagged returns against current returns
Autocorrelation, which is Ravencoin 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 Ravencoin's crypto coin expected returns. We can calculate the autocorrelation of Ravencoin returns to help us make a trade decision. For example, suppose you find that Ravencoin 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 |
Ravencoin 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 Ravencoin crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ravencoin crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ravencoin crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Ravencoin Lagged Returns
When evaluating Ravencoin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ravencoin crypto coin have on its future price. Ravencoin 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, Ravencoin autocorrelation shows the relationship between Ravencoin crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Ravencoin.
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 Ravencoin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ravencoin'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 Ravencoin Crypto.Check out Ravencoin Correlation, Ravencoin Volatility and Investing Opportunities module to complement your research on Ravencoin. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Ravencoin 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.