AVT Market Value
| AVT Crypto | USD 2.89 0.02 0.69% |
| Symbol | AVT |
AVT '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 AVT'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 AVT.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in AVT on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding AVT or generate 0.0% return on investment in AVT over 90 days. AVT is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. AVT is peer-to-peer digital currency powered by the Blockchain technology.
AVT 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 AVT'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 AVT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.34 | |||
| Information Ratio | 0.1087 | |||
| Maximum Drawdown | 36.0 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 13.57 |
AVT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AVT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AVT's standard deviation. In reality, there are many statistical measures that can use AVT historical prices to predict the future AVT's volatility.| Risk Adjusted Performance | 0.11 | |||
| Jensen Alpha | 0.4464 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.1445 | |||
| Treynor Ratio | 0.3124 |
AVT Backtested Returns
AVT appears to be unusually risky, given 3 months investment horizon. AVT secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that digital coin had a 0.14% return per unit of risk over the last 3 months. By analyzing AVT's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of AVT's mean deviation of 3.95, and Risk Adjusted Performance of 0.11 to double-check if our risk estimates are consistent with your expectations. The crypto shows a Beta (market volatility) of 2.42, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AVT will likely underperform.
Auto-correlation | -0.09 |
Very weak reverse predictability
AVT has very weak reverse predictability. Overlapping area represents the amount of predictability between AVT time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th 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 AVT price movement. The serial correlation of -0.09 indicates that less than 9.0% of current AVT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
AVT lagged returns against current returns
Autocorrelation, which is AVT 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 AVT's crypto coin expected returns. We can calculate the autocorrelation of AVT returns to help us make a trade decision. For example, suppose you find that AVT 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 |
AVT 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 AVT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AVT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AVT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
AVT Lagged Returns
When evaluating AVT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AVT crypto coin have on its future price. AVT 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, AVT autocorrelation shows the relationship between AVT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in AVT.
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 AVT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AVT'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 Avt Crypto.Check out AVT Correlation, AVT Volatility and Investing Opportunities module to complement your research on AVT. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
AVT 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.