SOUL Market Value
| SOUL Crypto | USD 0.1 0.0002 0.20% |
| Symbol | SOUL |
SOUL '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 SOUL'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 SOUL.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in SOUL on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding SOUL or generate 0.0% return on investment in SOUL over 90 days. SOUL is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. SOUL is peer-to-peer digital currency powered by the Blockchain technology.
SOUL 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 SOUL'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 SOUL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0071 | |||
| Maximum Drawdown | 52.68 | |||
| Value At Risk | (17.28) | |||
| Potential Upside | 14.27 |
SOUL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SOUL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SOUL's standard deviation. In reality, there are many statistical measures that can use SOUL historical prices to predict the future SOUL's volatility.| Risk Adjusted Performance | 0.0086 | |||
| Jensen Alpha | 0.2307 | |||
| Total Risk Alpha | 1.54 | |||
| Treynor Ratio | (0.01) |
SOUL Backtested Returns
SOUL appears to be abnormally risky, given 3 months investment horizon. SOUL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0235, which indicates digital coin had a 0.0235 % return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for SOUL, which you can use to evaluate the volatility of coin. Please review SOUL's variance of 155.55, and Risk Adjusted Performance of 0.0086 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 2.3, 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, SOUL will likely underperform.
Auto-correlation | 0.39 |
Below average predictability
SOUL has below average predictability. Overlapping area represents the amount of predictability between SOUL 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 SOUL price movement. The serial correlation of 0.39 indicates that just about 39.0% of current SOUL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SOUL lagged returns against current returns
Autocorrelation, which is SOUL 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 SOUL's crypto coin expected returns. We can calculate the autocorrelation of SOUL returns to help us make a trade decision. For example, suppose you find that SOUL 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 |
SOUL 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 SOUL crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SOUL crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SOUL crypto coin over time.
Current vs Lagged Prices |
| Timeline |
SOUL Lagged Returns
When evaluating SOUL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SOUL crypto coin have on its future price. SOUL 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, SOUL autocorrelation shows the relationship between SOUL crypto coin current value and its past values and can show if there is a momentum factor associated with investing in SOUL.
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 SOUL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SOUL'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 Soul Crypto.Check out SOUL Correlation, SOUL Volatility and Investing Opportunities module to complement your research on SOUL. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
SOUL 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.