CVC Market Value
| CVC Crypto | USD 0.17 0.01 5.56% |
| Symbol | CVC |
CVC '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 CVC'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 CVC.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in CVC on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding CVC or generate 0.0% return on investment in CVC over 90 days. CVC is related to or competes with XRP, Solana, Staked Ether, Sui, Toncoin, Worldcoin, and Stellar. Civic is peer-to-peer digital currency powered by the Blockchain technology.
CVC 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 CVC'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 CVC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.65 | |||
| Information Ratio | 0.1409 | |||
| Maximum Drawdown | 46.15 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 12.23 |
CVC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVC's standard deviation. In reality, there are many statistical measures that can use CVC historical prices to predict the future CVC's volatility.| Risk Adjusted Performance | 0.1308 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1577 | |||
| Treynor Ratio | (3.39) |
CVC Backtested Returns
CVC is unreasonably risky given 3 months investment horizon. CVC retains Efficiency (Sharpe Ratio) of 0.17, which signifies that digital coin had a 0.17% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.27% are justified by taking the suggested risk. Use CVC market risk adjusted performance of (3.38), and Coefficient Of Variation of 627.52 to evaluate coin specific risk that cannot be diversified away. The crypto owns a Beta (Systematic Risk) of -0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CVC are expected to decrease at a much lower rate. During the bear market, CVC is likely to outperform the market.
Auto-correlation | 0.51 |
Modest predictability
CVC has modest predictability. Overlapping area represents the amount of predictability between CVC 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 CVC price movement. The serial correlation of 0.51 indicates that about 51.0% of current CVC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CVC lagged returns against current returns
Autocorrelation, which is CVC 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 CVC's crypto coin expected returns. We can calculate the autocorrelation of CVC returns to help us make a trade decision. For example, suppose you find that CVC 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 |
CVC 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 CVC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVC crypto coin over time.
Current vs Lagged Prices |
| Timeline |
CVC Lagged Returns
When evaluating CVC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVC crypto coin have on its future price. CVC 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, CVC autocorrelation shows the relationship between CVC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in CVC.
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 CVC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CVC'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 Cvc Crypto.Check out CVC Correlation, CVC Volatility and Investing Opportunities module to complement your research on CVC. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
CVC 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.