VINCI Market Value
| VINCI Crypto | USD 12.06 0.13 1.07% |
| Symbol | VINCI |
VINCI '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 VINCI'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 VINCI.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in VINCI on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding VINCI or generate 0.0% return on investment in VINCI over 180 days. VINCI is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. VINCI is peer-to-peer digital currency powered by the Blockchain technology.
VINCI 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 VINCI'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 VINCI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.48 | |||
| Information Ratio | 0.2009 | |||
| Maximum Drawdown | 20.8 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 7.29 |
VINCI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VINCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VINCI's standard deviation. In reality, there are many statistical measures that can use VINCI historical prices to predict the future VINCI's volatility.| Risk Adjusted Performance | 0.1927 | |||
| Jensen Alpha | 0.7979 | |||
| Total Risk Alpha | 0.2416 | |||
| Sortino Ratio | 0.2711 | |||
| Treynor Ratio | 30.35 |
VINCI Backtested Returns
VINCI appears to be very volatile, given 3 months investment horizon. VINCI owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates digital coin had a 0.25% return per unit of standard deviation over the last 3 months. By examining VINCI's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please review VINCI's risk adjusted performance of 0.1927, and Coefficient Of Variation of 413.23 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.0264, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VINCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding VINCI is expected to be smaller as well.
Auto-correlation | 0.58 |
Modest predictability
VINCI has modest predictability. Overlapping area represents the amount of predictability between VINCI time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 VINCI price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current VINCI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 2.77 |
VINCI lagged returns against current returns
Autocorrelation, which is VINCI 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 VINCI's crypto coin expected returns. We can calculate the autocorrelation of VINCI returns to help us make a trade decision. For example, suppose you find that VINCI 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 |
VINCI 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 VINCI crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VINCI crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VINCI crypto coin over time.
Current vs Lagged Prices |
| Timeline |
VINCI Lagged Returns
When evaluating VINCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VINCI crypto coin have on its future price. VINCI 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, VINCI autocorrelation shows the relationship between VINCI crypto coin current value and its past values and can show if there is a momentum factor associated with investing in VINCI.
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 VINCI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VINCI'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 Vinci Crypto.Check out VINCI Correlation, VINCI Volatility and Investing Opportunities module to complement your research on VINCI. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
VINCI 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.