WTC Market Value
WTC Crypto | USD 0.02 0.09 79.09% |
Symbol | WTC |
WTC '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 WTC'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 WTC.
12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in WTC on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding WTC or generate 0.0% return on investment in WTC over 720 days. WTC is related to or competes with Ethereum, Staked Ether, Toncoin, Worldcoin, Sui, Chainlink, and Aptos. WTC is peer-to-peer digital currency powered by the Blockchain technology.
WTC 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 WTC'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 WTC upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.14) |
WTC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WTC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WTC's standard deviation. In reality, there are many statistical measures that can use WTC historical prices to predict the future WTC's volatility.Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (1.31) | |||
Total Risk Alpha | (2.66) | |||
Treynor Ratio | (1.41) |
WTC Backtested Returns
WTC retains Efficiency (Sharpe Ratio) of -0.12, which attests that digital coin had a -0.12% return per unit of volatility over the last 3 months. WTC exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WTC's Market Risk Adjusted Performance of (1.40), information ratio of (0.14), and Mean Deviation of 2.36 to validate the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.86, which attests to possible diversification benefits within a given portfolio. WTC returns are very sensitive to returns on the market. As the market goes up or down, WTC is expected to follow.
Auto-correlation | 0.17 |
Very weak predictability
WTC has very weak predictability. Overlapping area represents the amount of predictability between WTC time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 WTC price movement. The serial correlation of 0.17 indicates that over 17.0% of current WTC price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.17 | |
Spearman Rank Test | -0.43 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
WTC lagged returns against current returns
Autocorrelation, which is WTC 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 WTC's crypto coin expected returns. We can calculate the autocorrelation of WTC returns to help us make a trade decision. For example, suppose you find that WTC 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 |
WTC 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 WTC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WTC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WTC crypto coin over time.
Current vs Lagged Prices |
Timeline |
WTC Lagged Returns
When evaluating WTC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WTC crypto coin have on its future price. WTC 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, WTC autocorrelation shows the relationship between WTC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in WTC.
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 WTC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WTC'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 Wtc Crypto.Check out WTC Correlation, WTC Volatility and Investing Opportunities module to complement your research on WTC. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
WTC 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.