Status Network Market Value
| SNT Crypto | USD 0.04 0.0008 1.82% |
| Symbol | Status |
Status 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 Status 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 Status Network.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Status Network on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Status Network Token or generate 0.0% return on investment in Status Network over 30 days. Status Network is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. Status Network Token is peer-to-peer digital currency powered by the Blockchain technology.
Status 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 Status 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 Status Network Token upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.63 | |||
| Information Ratio | 0.1757 | |||
| Maximum Drawdown | 41.03 | |||
| Value At Risk | (6.31) | |||
| Potential Upside | 9.64 |
Status Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Status Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Status Network's standard deviation. In reality, there are many statistical measures that can use Status Network historical prices to predict the future Status Network's volatility.| Risk Adjusted Performance | 0.1591 | |||
| Jensen Alpha | 1.16 | |||
| Total Risk Alpha | 0.2341 | |||
| Sortino Ratio | 0.2368 | |||
| Treynor Ratio | 2.79 |
Status Network Token Backtested Returns
Status Network is unusually volatile given 3 months investment horizon. Status Network Token owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates digital coin had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use Status Network Token Risk Adjusted Performance of 0.1591, coefficient of variation of 508.51, and Semi Deviation of 3.84 to evaluate coin specific risk that cannot be diversified away. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Status Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding Status Network is expected to be smaller as well.
Auto-correlation | 0.64 |
Good predictability
Status Network Token has good predictability. Overlapping area represents the amount of predictability between Status Network 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 Status Network Token price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Status Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Status Network Token lagged returns against current returns
Autocorrelation, which is Status 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 Status Network's crypto coin expected returns. We can calculate the autocorrelation of Status Network returns to help us make a trade decision. For example, suppose you find that Status 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 |
Status 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 Status Network crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Status 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 Status Network crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Status Network Lagged Returns
When evaluating Status Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Status Network crypto coin have on its future price. Status 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, Status Network autocorrelation shows the relationship between Status Network crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Status Network Token.
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 Status Network Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Status 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 Status Network Token Crypto.Check out Status Network Correlation, Status Network Volatility and Investing Opportunities module to complement your research on Status Network. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Status 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.