SafePal Market Value
| SFP Crypto | USD 0.66 0.02 2.94% |
| Symbol | SafePal |
SafePal '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 SafePal'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 SafePal.
| 01/18/2025 |
| 02/17/2025 |
If you would invest 0.00 in SafePal on January 18, 2025 and sell it all today you would earn a total of 0.00 from holding SafePal or generate 0.0% return on investment in SafePal over 30 days. SafePal is related to or competes with Binance Coin, and Trust Wallet. SafePal is peer-to-peer digital currency powered by the Blockchain technology.
SafePal 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 SafePal'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 SafePal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.95 | |||
| Information Ratio | 0.0193 | |||
| Maximum Drawdown | 30.36 | |||
| Value At Risk | (5.71) | |||
| Potential Upside | 6.06 |
SafePal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SafePal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SafePal's standard deviation. In reality, there are many statistical measures that can use SafePal historical prices to predict the future SafePal's volatility.| Risk Adjusted Performance | 0.0239 | |||
| Jensen Alpha | 0.0846 | |||
| Total Risk Alpha | 0.0779 | |||
| Sortino Ratio | 0.0169 | |||
| Treynor Ratio | 2.89 |
SafePal Backtested Returns
At this point, SafePal is very risky. SafePal owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0331, which indicates digital coin had a 0.0331 % return per unit of risk over the last 3 months. We have found thirty technical indicators for SafePal, which you can use to evaluate the volatility of coin. Please validate SafePal's Risk Adjusted Performance of 0.0239, semi deviation of 4.4, and Coefficient Of Variation of 4564.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The entity has a beta of 0.0293, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SafePal's returns are expected to increase less than the market. However, during the bear market, the loss of holding SafePal is expected to be smaller as well.
Auto-correlation | -0.23 |
Weak reverse predictability
SafePal has weak reverse predictability. Overlapping area represents the amount of predictability between SafePal time series from 18th of January 2025 to 2nd of February 2025 and 2nd of February 2025 to 17th of February 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 SafePal price movement. The serial correlation of -0.23 indicates that over 23.0% of current SafePal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SafePal lagged returns against current returns
Autocorrelation, which is SafePal 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 SafePal's crypto coin expected returns. We can calculate the autocorrelation of SafePal returns to help us make a trade decision. For example, suppose you find that SafePal 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 |
SafePal 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 SafePal crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SafePal crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SafePal crypto coin over time.
Current vs Lagged Prices |
| Timeline |
SafePal Lagged Returns
When evaluating SafePal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SafePal crypto coin have on its future price. SafePal 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, SafePal autocorrelation shows the relationship between SafePal crypto coin current value and its past values and can show if there is a momentum factor associated with investing in SafePal.
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 SafePal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SafePal'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 Safepal Crypto.Check out SafePal Correlation, SafePal Volatility and Investing Opportunities module to complement your research on SafePal. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
SafePal 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.