VIDY Market Value
| VIDY Crypto | USD 0.00001 0.000003 42.86% |
| Symbol | VIDY |
VIDY '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 VIDY'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 VIDY.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in VIDY on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding VIDY or generate 0.0% return on investment in VIDY over 30 days. VIDY is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. VIDY is peer-to-peer digital currency powered by the Blockchain technology.
VIDY 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 VIDY'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 VIDY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.91 | |||
| Information Ratio | 0.0327 | |||
| Maximum Drawdown | 65.08 | |||
| Value At Risk | (22.22) | |||
| Potential Upside | 30.0 |
VIDY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VIDY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VIDY's standard deviation. In reality, there are many statistical measures that can use VIDY historical prices to predict the future VIDY's volatility.| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | 0.4411 | |||
| Total Risk Alpha | 0.3546 | |||
| Sortino Ratio | 0.0295 | |||
| Treynor Ratio | 0.5182 |
VIDY Backtested Returns
VIDY appears to be abnormally risky, given 3 months investment horizon. VIDY owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0249, which indicates digital coin had a 0.0249 % return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for VIDY, which you can use to evaluate the volatility of coin. Please review VIDY's risk adjusted performance of 0.0343, and Coefficient Of Variation of 2957.52 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.86, which indicates possible diversification benefits within a given portfolio. VIDY returns are very sensitive to returns on the market. As the market goes up or down, VIDY is expected to follow.
Auto-correlation | -0.07 |
Very weak reverse predictability
VIDY has very weak reverse predictability. Overlapping area represents the amount of predictability between VIDY time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 VIDY price movement. The serial correlation of -0.07 indicates that barely 7.0% of current VIDY price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VIDY lagged returns against current returns
Autocorrelation, which is VIDY 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 VIDY's crypto coin expected returns. We can calculate the autocorrelation of VIDY returns to help us make a trade decision. For example, suppose you find that VIDY 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 |
VIDY 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 VIDY crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VIDY crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VIDY crypto coin over time.
Current vs Lagged Prices |
| Timeline |
VIDY Lagged Returns
When evaluating VIDY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VIDY crypto coin have on its future price. VIDY 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, VIDY autocorrelation shows the relationship between VIDY crypto coin current value and its past values and can show if there is a momentum factor associated with investing in VIDY.
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 VIDY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VIDY'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 Vidy Crypto.Check out VIDY Correlation, VIDY Volatility and Investing Opportunities module to complement your research on VIDY. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
VIDY 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.