SERO Market Value
| SERO Crypto | USD 0.02 0 5.06% |
| Symbol | SERO |
SERO '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 SERO'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 SERO.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in SERO on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding SERO or generate 0.0% return on investment in SERO over 30 days. SERO is related to or competes with Ethereum, and Ethereum Name. SERO is peer-to-peer digital currency powered by the Blockchain technology.
SERO 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 SERO'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 SERO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.69 | |||
| Information Ratio | 0.1039 | |||
| Maximum Drawdown | 81.55 | |||
| Value At Risk | (17.34) | |||
| Potential Upside | 26.34 |
SERO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SERO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SERO's standard deviation. In reality, there are many statistical measures that can use SERO historical prices to predict the future SERO's volatility.| Risk Adjusted Performance | 0.0968 | |||
| Jensen Alpha | 1.55 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.1215 | |||
| Treynor Ratio | (1.28) |
SERO Backtested Returns
SERO is abnormally risky given 3 months investment horizon. SERO owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates digital coin had a 0.12% return per unit of standard deviation over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.5% are justified by taking the suggested risk. Use SERO risk adjusted performance of 0.0968, and Coefficient Of Variation of 874.47 to evaluate coin specific risk that cannot be diversified away. The entity has a beta of -1.11, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning SERO are expected to decrease slowly. On the other hand, during market turmoil, SERO is expected to outperform it slightly.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
SERO has almost perfect reverse predictability. Overlapping area represents the amount of predictability between SERO time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SERO price movement. The serial correlation of -0.71 indicates that around 71.0% of current SERO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SERO lagged returns against current returns
Autocorrelation, which is SERO 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 SERO's crypto coin expected returns. We can calculate the autocorrelation of SERO returns to help us make a trade decision. For example, suppose you find that SERO 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 |
SERO 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 SERO crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SERO crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SERO crypto coin over time.
Current vs Lagged Prices |
| Timeline |
SERO Lagged Returns
When evaluating SERO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SERO crypto coin have on its future price. SERO 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, SERO autocorrelation shows the relationship between SERO crypto coin current value and its past values and can show if there is a momentum factor associated with investing in SERO.
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 SERO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SERO'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 Sero Crypto.Check out SERO Correlation, SERO Volatility and Investing Opportunities module to complement your research on SERO. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
SERO 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.