Scroll Network Market Value
| SCROLL Crypto | USD 0.36 0.02 5.88% |
| Symbol | Scroll |
Scroll Network '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 Scroll Network'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 Scroll Network.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Scroll Network on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Scroll Network or generate 0.0% return on investment in Scroll Network over 90 days. Scroll Network is related to or competes with XRP, Solana, Sui, TRON, Staked Ether, Chainlink, and Toncoin. Scroll Network is peer-to-peer digital currency powered by the Blockchain technology.
Scroll Network 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 Scroll Network'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 Scroll Network upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 37.44 | |||
| Value At Risk | (14.04) | |||
| Potential Upside | 10.2 |
Scroll Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scroll Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scroll Network's standard deviation. In reality, there are many statistical measures that can use Scroll Network historical prices to predict the future Scroll Network's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (1.61) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | 2.68 |
Scroll Network Backtested Returns
Scroll Network owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates digital coin had a -0.23 % return per unit of risk over the last 3 months. Scroll Network exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scroll Network's Coefficient Of Variation of (472.25), risk adjusted performance of (0.18), and Variance of 53.52 to confirm the risk estimate we provide. The entity has a beta of -0.58, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Scroll Network are expected to decrease at a much lower rate. During the bear market, Scroll Network is likely to outperform the market.
Auto-correlation | 0.70 |
Good predictability
Scroll Network has good predictability. Overlapping area represents the amount of predictability between Scroll Network time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Scroll Network price movement. The serial correlation of 0.7 indicates that around 70.0% of current Scroll Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Scroll Network lagged returns against current returns
Autocorrelation, which is Scroll Network 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 Scroll Network's crypto coin expected returns. We can calculate the autocorrelation of Scroll Network returns to help us make a trade decision. For example, suppose you find that Scroll Network 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 |
Scroll Network 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 Scroll Network crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scroll Network crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scroll Network crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Scroll Network Lagged Returns
When evaluating Scroll Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scroll Network crypto coin have on its future price. Scroll Network 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, Scroll Network autocorrelation shows the relationship between Scroll Network crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Scroll Network.
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 Scroll Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Scroll Network'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 Scroll Network Crypto.Check out Scroll Network Correlation, Scroll Network Volatility and Investing Opportunities module to complement your research on Scroll Network. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Scroll Network 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.