Trust Wallet Market Value
| TWT Crypto | USD 1.03 0.03 3.00% |
| Symbol | Trust |
Trust Wallet '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 Trust Wallet'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 Trust Wallet.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Trust Wallet on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Trust Wallet Token or generate 0.0% return on investment in Trust Wallet over 30 days. Trust Wallet is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. Trust Wallet Token is peer-to-peer digital currency powered by the Blockchain technology.
Trust Wallet 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 Trust Wallet'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 Trust Wallet Token upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 21.61 | |||
| Value At Risk | (8.47) | |||
| Potential Upside | 6.3 |
Trust Wallet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trust Wallet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trust Wallet's standard deviation. In reality, there are many statistical measures that can use Trust Wallet historical prices to predict the future Trust Wallet's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.4409 |
Trust Wallet Token Backtested Returns
Trust Wallet Token owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0682, which indicates digital coin had a -0.0682 % return per unit of risk over the last 3 months. Trust Wallet Token exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trust Wallet's Coefficient Of Variation of (1,455), risk adjusted performance of (0.04), and Variance of 21.86 to confirm the risk estimate we provide. The entity has a beta of -0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trust Wallet are expected to decrease at a much lower rate. During the bear market, Trust Wallet is likely to outperform the market.
Auto-correlation | -0.34 |
Poor reverse predictability
Trust Wallet Token has poor reverse predictability. Overlapping area represents the amount of predictability between Trust Wallet time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Trust Wallet Token price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Trust Wallet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Trust Wallet Token lagged returns against current returns
Autocorrelation, which is Trust Wallet 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 Trust Wallet's crypto coin expected returns. We can calculate the autocorrelation of Trust Wallet returns to help us make a trade decision. For example, suppose you find that Trust Wallet 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 |
Trust Wallet 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 Trust Wallet crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trust Wallet crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trust Wallet crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Trust Wallet Lagged Returns
When evaluating Trust Wallet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trust Wallet crypto coin have on its future price. Trust Wallet 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, Trust Wallet autocorrelation shows the relationship between Trust Wallet crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Trust Wallet 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 Trust Wallet Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trust Wallet'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 Trust Wallet Token Crypto.Check out Trust Wallet Correlation, Trust Wallet Volatility and Investing Opportunities module to complement your research on Trust Wallet. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Trust Wallet 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.