CREAM Market Value
| CREAM Crypto | USD 18.26 0.03 0.16% |
| Symbol | CREAM |
CREAM '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 CREAM'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 CREAM.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in CREAM on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding CREAM or generate 0.0% return on investment in CREAM over 90 days. CREAM is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Stellar, and Worldcoin. CREAM is peer-to-peer digital currency powered by the Blockchain technology.
CREAM 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 CREAM'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 CREAM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.07 | |||
| Information Ratio | 0.0615 | |||
| Maximum Drawdown | 108.86 | |||
| Value At Risk | (13.63) | |||
| Potential Upside | 21.66 |
CREAM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CREAM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CREAM's standard deviation. In reality, there are many statistical measures that can use CREAM historical prices to predict the future CREAM's volatility.| Risk Adjusted Performance | 0.0623 | |||
| Jensen Alpha | 1.24 | |||
| Total Risk Alpha | (1.55) | |||
| Sortino Ratio | 0.0818 | |||
| Treynor Ratio | (2.72) |
CREAM Backtested Returns
CREAM is abnormally risky given 3 months investment horizon. CREAM secures Sharpe Ratio (or Efficiency) of 0.0688, which signifies that digital coin had a 0.0688% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.2% are justified by taking the suggested risk. Use CREAM Risk Adjusted Performance of 0.0623, mean deviation of 8.59, and Downside Deviation of 13.07 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of -0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CREAM are expected to decrease at a much lower rate. During the bear market, CREAM is likely to outperform the market.
Auto-correlation | 0.07 |
Virtually no predictability
CREAM has virtually no predictability. Overlapping area represents the amount of predictability between CREAM time series from 30th of August 2024 to 14th of October 2024 and 14th of October 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 CREAM price movement. The serial correlation of 0.07 indicates that barely 7.0% of current CREAM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 5.67 |
CREAM lagged returns against current returns
Autocorrelation, which is CREAM 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 CREAM's crypto coin expected returns. We can calculate the autocorrelation of CREAM returns to help us make a trade decision. For example, suppose you find that CREAM 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 |
CREAM 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 CREAM crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CREAM crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CREAM crypto coin over time.
Current vs Lagged Prices |
| Timeline |
CREAM Lagged Returns
When evaluating CREAM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CREAM crypto coin have on its future price. CREAM 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, CREAM autocorrelation shows the relationship between CREAM crypto coin current value and its past values and can show if there is a momentum factor associated with investing in CREAM.
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 CREAM offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CREAM'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 Cream Crypto.Check out CREAM Correlation, CREAM Volatility and Investing Opportunities module to complement your research on CREAM. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
CREAM 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.