SHR Market Value
| SHR Crypto | USD 0 0.0003 16.31% |
| Symbol | SHR |
SHR '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 SHR'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 SHR.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in SHR on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding SHR or generate 0.0% return on investment in SHR over 90 days. SHR is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. SHR is peer-to-peer digital currency powered by the Blockchain technology.
SHR 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 SHR'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 SHR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 84.58 | |||
| Value At Risk | (24.76) | |||
| Potential Upside | 26.71 |
SHR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SHR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SHR's standard deviation. In reality, there are many statistical measures that can use SHR historical prices to predict the future SHR's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 1.37 | |||
| Treynor Ratio | (0.20) |
SHR Backtested Returns
SHR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0349, which indicates digital coin had a -0.0349 % return per unit of standard deviation over the last 3 months. SHR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SHR's risk adjusted performance of (0.01), and Variance of 179.3 to confirm the risk estimate we provide. The entity has a beta of 1.54, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SHR will likely underperform.
Auto-correlation | 0.37 |
Below average predictability
SHR has below average predictability. Overlapping area represents the amount of predictability between SHR time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 SHR price movement. The serial correlation of 0.37 indicates that just about 37.0% of current SHR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SHR lagged returns against current returns
Autocorrelation, which is SHR 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 SHR's crypto coin expected returns. We can calculate the autocorrelation of SHR returns to help us make a trade decision. For example, suppose you find that SHR 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 |
SHR 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 SHR crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SHR crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SHR crypto coin over time.
Current vs Lagged Prices |
| Timeline |
SHR Lagged Returns
When evaluating SHR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SHR crypto coin have on its future price. SHR 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, SHR autocorrelation shows the relationship between SHR crypto coin current value and its past values and can show if there is a momentum factor associated with investing in SHR.
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 SHR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SHR'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 Shr Crypto.Check out SHR Correlation, SHR Volatility and Investing Opportunities module to complement your research on SHR. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
SHR 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.