0x Market Value
| ZRX Crypto | USD 0.29 0.03 9.38% |
| Symbol | 0x |
0x '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 0x'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 0x.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in 0x on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding 0x or generate 0.0% return on investment in 0x over 30 days. 0x is related to or competes with Staked Ether, Phala Network, EigenLayer, Morpho, Tokocrypto, and DIA. 0x is peer-to-peer digital currency powered by the Blockchain technology.
0x 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 0x'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 0x upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 43.5 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 12.07 |
0x Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 0x's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 0x's standard deviation. In reality, there are many statistical measures that can use 0x historical prices to predict the future 0x's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (1.13) |
0x Backtested Returns
0x secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that digital coin had a -0.11 % return per unit of risk over the last 3 months. 0x exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 0x's Mean Deviation of 5.71, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,018) to double-check the risk estimate we provide. The crypto shows a Beta (market volatility) of 0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 0x's returns are expected to increase less than the market. However, during the bear market, the loss of holding 0x is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
0x has average predictability. Overlapping area represents the amount of predictability between 0x 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 0x price movement. The serial correlation of 0.46 indicates that about 46.0% of current 0x price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
0x lagged returns against current returns
Autocorrelation, which is 0x 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 0x's crypto coin expected returns. We can calculate the autocorrelation of 0x returns to help us make a trade decision. For example, suppose you find that 0x 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 |
0x 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 0x crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 0x crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 0x crypto coin over time.
Current vs Lagged Prices |
| Timeline |
0x Lagged Returns
When evaluating 0x's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 0x crypto coin have on its future price. 0x 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, 0x autocorrelation shows the relationship between 0x crypto coin current value and its past values and can show if there is a momentum factor associated with investing in 0x.
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 0x offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 0x'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 0x Crypto.Check out 0x Correlation, 0x Volatility and Investing Opportunities module to complement your research on 0x. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
0x 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.