Zilliqa Market Value
| ZIL Crypto | USD 0.01 0.0001 0.75% |
| Symbol | Zilliqa |
Zilliqa '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 Zilliqa'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 Zilliqa.
| 11/27/2024 |
| 02/25/2025 |
If you would invest 0.00 in Zilliqa on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Zilliqa or generate 0.0% return on investment in Zilliqa over 90 days. Zilliqa is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. Zilliqa is peer-to-peer digital currency powered by the Blockchain technology.
Zilliqa 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 Zilliqa'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 Zilliqa upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 58.59 | |||
| Value At Risk | (11.46) | |||
| Potential Upside | 7.17 |
Zilliqa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zilliqa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zilliqa's standard deviation. In reality, there are many statistical measures that can use Zilliqa historical prices to predict the future Zilliqa's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.3959 |
Zilliqa Backtested Returns
Zilliqa shows Sharpe Ratio of -0.0941, which attests that digital coin had a -0.0941 % return per unit of risk over the last 3 months. Zilliqa exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zilliqa's Mean Deviation of 5.14, standard deviation of 7.62, and Market Risk Adjusted Performance of 0.4059 to validate the risk estimate we provide. The entity maintains a market beta of -1.7, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Zilliqa are expected to decrease by larger amounts. On the other hand, during market turmoil, Zilliqa is expected to outperform it.
Auto-correlation | 0.78 |
Good predictability
Zilliqa has good predictability. Overlapping area represents the amount of predictability between Zilliqa time series from 27th of November 2024 to 11th of January 2025 and 11th of January 2025 to 25th 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 Zilliqa price movement. The serial correlation of 0.78 indicates that around 78.0% of current Zilliqa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zilliqa lagged returns against current returns
Autocorrelation, which is Zilliqa 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 Zilliqa's crypto coin expected returns. We can calculate the autocorrelation of Zilliqa returns to help us make a trade decision. For example, suppose you find that Zilliqa 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 |
Zilliqa 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 Zilliqa crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zilliqa crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zilliqa crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Zilliqa Lagged Returns
When evaluating Zilliqa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zilliqa crypto coin have on its future price. Zilliqa 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, Zilliqa autocorrelation shows the relationship between Zilliqa crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Zilliqa.
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 Zilliqa offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zilliqa'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 Zilliqa Crypto.Check out Zilliqa Correlation, Zilliqa Volatility and Investing Opportunities module to complement your research on Zilliqa. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Zilliqa 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.