Curve DAO Market Value
| CRV Crypto | USD 0.51 0.03 6.25% |
| Symbol | Curve |
Curve DAO '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 Curve DAO'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 Curve DAO.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Curve DAO on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Curve DAO Token or generate 0.0% return on investment in Curve DAO over 30 days. Curve DAO is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. Curve DAO Token is peer-to-peer digital currency powered by the Blockchain technology.
Curve DAO 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 Curve DAO'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 Curve DAO Token upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.38 | |||
| Information Ratio | 0.1312 | |||
| Maximum Drawdown | 30.34 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 14.29 |
Curve DAO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Curve DAO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Curve DAO's standard deviation. In reality, there are many statistical measures that can use Curve DAO historical prices to predict the future Curve DAO's volatility.| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 0.9109 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1291 | |||
| Treynor Ratio | 3.41 |
Curve DAO Token Backtested Returns
Curve DAO is unusually volatile given 3 months investment horizon. Curve DAO Token secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that digital coin had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Curve DAO Downside Deviation of 6.38, mean deviation of 4.41, and Risk Adjusted Performance of 0.125 to evaluate coin specific risk that cannot be diversified away. The crypto shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Curve DAO's returns are expected to increase less than the market. However, during the bear market, the loss of holding Curve DAO is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Curve DAO Token has good predictability. Overlapping area represents the amount of predictability between Curve DAO 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 Curve DAO Token price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Curve DAO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Curve DAO Token lagged returns against current returns
Autocorrelation, which is Curve DAO 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 Curve DAO's crypto coin expected returns. We can calculate the autocorrelation of Curve DAO returns to help us make a trade decision. For example, suppose you find that Curve DAO 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 |
Curve DAO 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 Curve DAO crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Curve DAO crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Curve DAO crypto coin over time.
Current vs Lagged Prices |
| Timeline |
Curve DAO Lagged Returns
When evaluating Curve DAO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Curve DAO crypto coin have on its future price. Curve DAO 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, Curve DAO autocorrelation shows the relationship between Curve DAO crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Curve DAO Token.
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 Curve DAO Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Curve DAO'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 Curve Dao Token Crypto.Check out Curve DAO Correlation, Curve DAO Volatility and Investing Opportunities module to complement your research on Curve DAO. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Curve DAO 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.