ZetaChain Market Value
| ZETA Crypto | USD 0.30 0.01 3.45% |
| Symbol | ZetaChain |
ZetaChain '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 ZetaChain'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 ZetaChain.
| 12/01/2024 |
| 03/01/2025 |
If you would invest 0.00 in ZetaChain on December 1, 2024 and sell it all today you would earn a total of 0.00 from holding ZetaChain or generate 0.0% return on investment in ZetaChain over 90 days. ZetaChain is related to or competes with XRP, Solana, Sui, Staked Ether, TRON, Toncoin, and Chainlink. ZetaChain is peer-to-peer digital currency powered by the Blockchain technology.
ZetaChain 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 ZetaChain'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 ZetaChain upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 32.76 | |||
| Value At Risk | (10.29) | |||
| Potential Upside | 7.02 |
ZetaChain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZetaChain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZetaChain's standard deviation. In reality, there are many statistical measures that can use ZetaChain historical prices to predict the future ZetaChain's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.31) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | 1.22 |
ZetaChain Backtested Returns
ZetaChain shows Sharpe Ratio of -0.22, which attests that digital coin had a -0.22 % return per unit of risk over the last 3 months. ZetaChain exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ZetaChain's Market Risk Adjusted Performance of 1.23, standard deviation of 6.61, and Mean Deviation of 4.93 to validate the risk estimate we provide. The entity maintains a market beta of -1.05, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning ZetaChain are expected to decrease slowly. On the other hand, during market turmoil, ZetaChain is expected to outperform it slightly.
Auto-correlation | 0.88 |
Very good predictability
ZetaChain has very good predictability. Overlapping area represents the amount of predictability between ZetaChain time series from 1st of December 2024 to 15th of January 2025 and 15th of January 2025 to 1st 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 ZetaChain price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current ZetaChain price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ZetaChain lagged returns against current returns
Autocorrelation, which is ZetaChain 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 ZetaChain's crypto coin expected returns. We can calculate the autocorrelation of ZetaChain returns to help us make a trade decision. For example, suppose you find that ZetaChain 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 |
ZetaChain 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 ZetaChain crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZetaChain crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZetaChain crypto coin over time.
Current vs Lagged Prices |
| Timeline |
ZetaChain Lagged Returns
When evaluating ZetaChain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZetaChain crypto coin have on its future price. ZetaChain 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, ZetaChain autocorrelation shows the relationship between ZetaChain crypto coin current value and its past values and can show if there is a momentum factor associated with investing in ZetaChain.
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 ZetaChain offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZetaChain'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 Zetachain Crypto.Check out ZetaChain Correlation, ZetaChain Volatility and Investing Opportunities module to complement your research on ZetaChain. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
ZetaChain 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.