Radix Market Value
| XRD Crypto | USD 0.01 0.0001 0.91% |
| Symbol | Radix |
Radix '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 Radix'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 Radix.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Radix on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Radix or generate 0.0% return on investment in Radix over 30 days. Radix is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. Radix is peer-to-peer digital currency powered by the Blockchain technology.
Radix 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 Radix'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 Radix upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 29.69 | |||
| Value At Risk | (12.88) | |||
| Potential Upside | 8.34 |
Radix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Radix's standard deviation. In reality, there are many statistical measures that can use Radix historical prices to predict the future Radix's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.21) | |||
| Total Risk Alpha | (1.26) | |||
| Treynor Ratio | 0.6931 |
Radix Backtested Returns
Radix maintains Sharpe Ratio (i.e., Efficiency) of -0.23, which implies digital coin had a -0.23 % return per unit of risk over the last 3 months. Radix exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Radix's Risk Adjusted Performance of (0.13), variance of 41.45, and Coefficient Of Variation of (531.54) to confirm the risk estimate we provide. The crypto holds a Beta of -1.76, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Radix are expected to decrease by larger amounts. On the other hand, during market turmoil, Radix is expected to outperform it.
Auto-correlation | 0.19 |
Very weak predictability
Radix has very weak predictability. Overlapping area represents the amount of predictability between Radix 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 Radix price movement. The serial correlation of 0.19 indicates that over 19.0% of current Radix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Radix lagged returns against current returns
Autocorrelation, which is Radix 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 Radix's crypto coin expected returns. We can calculate the autocorrelation of Radix returns to help us make a trade decision. For example, suppose you find that Radix 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 |
Radix 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 Radix crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Radix crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Radix crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Radix Lagged Returns
When evaluating Radix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Radix crypto coin have on its future price. Radix 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, Radix autocorrelation shows the relationship between Radix crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Radix.
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 Radix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Radix'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 Radix Crypto.Check out Radix Correlation, Radix Volatility and Investing Opportunities module to complement your research on Radix. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Radix 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.