Ampleforth Market Value
| AMPL Crypto | USD 1.29 0.01 0.78% |
| Symbol | Ampleforth |
Ampleforth '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 Ampleforth'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 Ampleforth.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Ampleforth on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Ampleforth or generate 0.0% return on investment in Ampleforth over 30 days. Ampleforth is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. Ampleforth is peer-to-peer digital currency powered by the Blockchain technology.
Ampleforth 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 Ampleforth'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 Ampleforth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.66 | |||
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 31.98 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 8.74 |
Ampleforth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ampleforth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ampleforth's standard deviation. In reality, there are many statistical measures that can use Ampleforth historical prices to predict the future Ampleforth's volatility.| Risk Adjusted Performance | 0.0711 | |||
| Jensen Alpha | 0.4488 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0572 | |||
| Treynor Ratio | (11.85) |
Ampleforth Backtested Returns
Ampleforth appears to be unusually risky, given 3 months investment horizon. Ampleforth secures Sharpe Ratio (or Efficiency) of 0.0979, which signifies that digital coin had a 0.0979% return per unit of risk over the last 3 months. By analyzing Ampleforth's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Ampleforth's Downside Deviation of 5.66, risk adjusted performance of 0.0711, and Mean Deviation of 4.25 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of -0.0375, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ampleforth are expected to decrease at a much lower rate. During the bear market, Ampleforth is likely to outperform the market.
Auto-correlation | 0.13 |
Insignificant predictability
Ampleforth has insignificant predictability. Overlapping area represents the amount of predictability between Ampleforth time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ampleforth price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Ampleforth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ampleforth lagged returns against current returns
Autocorrelation, which is Ampleforth 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 Ampleforth's crypto coin expected returns. We can calculate the autocorrelation of Ampleforth returns to help us make a trade decision. For example, suppose you find that Ampleforth 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 |
Ampleforth 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 Ampleforth crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ampleforth crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ampleforth crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Ampleforth Lagged Returns
When evaluating Ampleforth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ampleforth crypto coin have on its future price. Ampleforth 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, Ampleforth autocorrelation shows the relationship between Ampleforth crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Ampleforth.
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 Ampleforth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ampleforth'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 Ampleforth Crypto.Check out Ampleforth Correlation, Ampleforth Volatility and Investing Opportunities module to complement your research on Ampleforth. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Ampleforth 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.