Monero Market Value
| XMR Crypto | USD 211.03 1.75 0.82% |
| Symbol | Monero |
Monero '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 Monero'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 Monero.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Monero on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Monero or generate 0.0% return on investment in Monero over 90 days. Monero is related to or competes with Staked Ether, Wrapped Bitcoin, Tether, Chainlink, USD Coin, and FTX Token. Monero is peer-to-peer digital currency powered by the Blockchain technology.
Monero 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 Monero'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 Monero upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.03 | |||
| Information Ratio | 0.0724 | |||
| Maximum Drawdown | 14.38 | |||
| Value At Risk | (6.36) | |||
| Potential Upside | 4.18 |
Monero Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monero's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monero's standard deviation. In reality, there are many statistical measures that can use Monero historical prices to predict the future Monero's volatility.| Risk Adjusted Performance | 0.0445 | |||
| Jensen Alpha | 0.2072 | |||
| Total Risk Alpha | 0.5495 | |||
| Sortino Ratio | 0.0599 | |||
| Treynor Ratio | 0.1918 |
Monero Backtested Returns
At this point, Monero is very volatile. Monero has Sharpe Ratio of 0.0115, which conveys that digital coin had a 0.0115 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Monero, which you can use to evaluate the volatility of coin. Please verify Monero's Downside Deviation of 4.03, mean deviation of 2.61, and Risk Adjusted Performance of 0.0445 to check out if the risk estimate we provide is consistent with the expected return of 0.0382%. The crypto secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Monero's returns are expected to increase less than the market. However, during the bear market, the loss of holding Monero is expected to be smaller as well.
Auto-correlation | -0.32 |
Poor reverse predictability
Monero has poor reverse predictability. Overlapping area represents the amount of predictability between Monero time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Monero price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Monero price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 92.04 |
Monero lagged returns against current returns
Autocorrelation, which is Monero 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 Monero's crypto coin expected returns. We can calculate the autocorrelation of Monero returns to help us make a trade decision. For example, suppose you find that Monero 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 |
Monero 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 Monero crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monero crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monero crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Monero Lagged Returns
When evaluating Monero's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monero crypto coin have on its future price. Monero 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, Monero autocorrelation shows the relationship between Monero crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Monero.
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 Monero offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monero'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 Monero Crypto.Check out Monero Correlation, Monero Volatility and Investing Opportunities module to complement your research on Monero. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Monero 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.