Theta Fuel Market Value
| TFUEL Crypto | USD 0.04 0.0002 0.52% |
| Symbol | Theta |
Theta Fuel '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 Theta Fuel'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 Theta Fuel.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Theta Fuel on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Theta Fuel or generate 0.0% return on investment in Theta Fuel over 90 days. Theta Fuel is related to or competes with Theta Network, Staked Ether, Phala Network, EigenLayer, Morpho, and DIA. Theta Fuel is peer-to-peer digital currency powered by the Blockchain technology.
Theta Fuel 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 Theta Fuel'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 Theta Fuel upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 24.65 | |||
| Value At Risk | (9.19) | |||
| Potential Upside | 5.42 |
Theta Fuel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Theta Fuel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Theta Fuel's standard deviation. In reality, there are many statistical measures that can use Theta Fuel historical prices to predict the future Theta Fuel's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (1.09) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 1.99 |
Theta Fuel Backtested Returns
Theta Fuel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates digital coin had a -0.15 % return per unit of risk over the last 3 months. Theta Fuel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Theta Fuel's Variance of 22.22, coefficient of variation of (462.43), and Risk Adjusted Performance of (0.18) to confirm the risk estimate we provide. The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Theta Fuel are expected to decrease at a much lower rate. During the bear market, Theta Fuel is likely to outperform the market.
Auto-correlation | 0.43 |
Average predictability
Theta Fuel has average predictability. Overlapping area represents the amount of predictability between Theta Fuel time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Theta Fuel price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Theta Fuel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Theta Fuel lagged returns against current returns
Autocorrelation, which is Theta Fuel 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 Theta Fuel's crypto coin expected returns. We can calculate the autocorrelation of Theta Fuel returns to help us make a trade decision. For example, suppose you find that Theta Fuel 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 |
Theta Fuel 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 Theta Fuel crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Theta Fuel crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Theta Fuel crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Theta Fuel Lagged Returns
When evaluating Theta Fuel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Theta Fuel crypto coin have on its future price. Theta Fuel 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, Theta Fuel autocorrelation shows the relationship between Theta Fuel crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Theta Fuel.
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 Theta Fuel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Theta Fuel'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 Theta Fuel Crypto.Check out Theta Fuel Correlation, Theta Fuel Volatility and Investing Opportunities module to complement your research on Theta Fuel. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Theta Fuel 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.