Stargate Finance Market Value
| STG Crypto | USD 0.40 0.01 2.44% |
| Symbol | Stargate |
Stargate Finance '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 Stargate Finance'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 Stargate Finance.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Stargate Finance on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Stargate Finance or generate 0.0% return on investment in Stargate Finance over 720 days. Stargate Finance is related to or competes with XRP, Solana, Staked Ether, Toncoin, Worldcoin, Sui, and Stellar. Stargate Finance is peer-to-peer digital currency powered by the Blockchain technology.
Stargate Finance 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 Stargate Finance'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 Stargate Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.34 | |||
| Information Ratio | 0.093 | |||
| Maximum Drawdown | 40.25 | |||
| Value At Risk | (6.90) | |||
| Potential Upside | 7.41 |
Stargate Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stargate Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stargate Finance's standard deviation. In reality, there are many statistical measures that can use Stargate Finance historical prices to predict the future Stargate Finance's volatility.| Risk Adjusted Performance | 0.0976 | |||
| Jensen Alpha | 0.5817 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.1025 | |||
| Treynor Ratio | 0.9275 |
Stargate Finance Backtested Returns
Stargate Finance appears to be unusually risky, given 3 months investment horizon. Stargate Finance owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates digital coin had a 0.13% return per unit of risk over the last 3 months. By inspecting Stargate Finance's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review Stargate Finance's Risk Adjusted Performance of 0.0976, coefficient of variation of 859.52, and Semi Deviation of 4.09 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stargate Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stargate Finance is expected to be smaller as well.
Auto-correlation | -0.57 |
Good reverse predictability
Stargate Finance has good reverse predictability. Overlapping area represents the amount of predictability between Stargate Finance time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Stargate Finance price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Stargate Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Stargate Finance lagged returns against current returns
Autocorrelation, which is Stargate Finance 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 Stargate Finance's crypto coin expected returns. We can calculate the autocorrelation of Stargate Finance returns to help us make a trade decision. For example, suppose you find that Stargate Finance 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 |
Stargate Finance 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 Stargate Finance crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stargate Finance crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stargate Finance crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Stargate Finance Lagged Returns
When evaluating Stargate Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stargate Finance crypto coin have on its future price. Stargate Finance 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, Stargate Finance autocorrelation shows the relationship between Stargate Finance crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Stargate Finance.
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 Stargate Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stargate Finance'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 Stargate Finance Crypto.Check out Stargate Finance Correlation, Stargate Finance Volatility and Investing Opportunities module to complement your research on Stargate Finance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Stargate Finance 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.