XNK Crypto Coin Forecast - Sortino Ratio
XNK Crypto | USD 0 0.000018 1.36% |
XNK Crypto Coin Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast XNK crypto prices and determine the direction of XNK's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of XNK's historical fundamentals, such as revenue growth or operating cash flow patterns.
XNK |
Check XNK Volatility | Backtest XNK | Information Ratio |
XNK Trading Date Momentum
On December 01 2024 XNK was traded for 0 at the closing time. The maximum traded price for the trading interval was 0 and the lowest daily price was 0 . There was no trading activity during the period 0.0. Lack of trading volume on 1st of December 2024 had no short-term effect on price fluctuation. The trading price change to the closing price today is 1.38% . |
XNK Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with XNK crypto coin to make a market-neutral strategy. Peer analysis of XNK could also be used in its relative valuation, which is a method of valuing XNK by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
XNK Market Strength Events
Market strength indicators help investors to evaluate how XNK crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XNK shares will generate the highest return on investment. By undertsting and applying XNK crypto coin market strength indicators, traders can identify XNK entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 0.0013 | |||
Day Typical Price | 0.0013 | |||
Price Action Indicator | (0.000009) | |||
Period Momentum Indicator | (0.000018) | |||
Relative Strength Index | 57.94 |
XNK Risk Indicators
The analysis of XNK's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in XNK's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xnk crypto coin prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.7 | |||
Semi Deviation | 2.08 | |||
Standard Deviation | 2.37 | |||
Variance | 5.63 | |||
Downside Variance | 4.74 | |||
Semi Variance | 4.32 | |||
Expected Short fall | (1.95) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 XNK offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XNK'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 Xnk Crypto.Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.